Assenagon Asset Management S.A. Takes Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Assenagon Asset Management S.A. acquired a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 219,674 shares of the mining company’s stock, valued at approximately $1,804,000.

A number of other large investors have also bought and sold shares of the company. Veracity Capital LLC raised its holdings in Harmony Gold Mining by 7.9% during the 3rd quarter. Veracity Capital LLC now owns 13,747 shares of the mining company’s stock valued at $140,000 after acquiring an additional 1,003 shares during the period. Creative Planning lifted its position in Harmony Gold Mining by 3.6% during the third quarter. Creative Planning now owns 59,686 shares of the mining company’s stock valued at $607,000 after purchasing an additional 2,061 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Harmony Gold Mining by 15.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 19,366 shares of the mining company’s stock worth $178,000 after acquiring an additional 2,611 shares during the last quarter. Hara Capital LLC bought a new stake in Harmony Gold Mining during the third quarter worth about $38,000. Finally, Atomi Financial Group Inc. boosted its stake in Harmony Gold Mining by 22.6% in the third quarter. Atomi Financial Group Inc. now owns 21,902 shares of the mining company’s stock worth $223,000 after buying an additional 4,042 shares in the last quarter. 31.79% of the stock is owned by hedge funds and other institutional investors.

Harmony Gold Mining Stock Up 0.2 %

Shares of Harmony Gold Mining stock opened at $10.48 on Friday. The company has a 50-day simple moving average of $8.96 and a two-hundred day simple moving average of $9.66. Harmony Gold Mining Company Limited has a 52-week low of $5.41 and a 52-week high of $12.29. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. The stock has a market capitalization of $6.65 billion, a PE ratio of 6.51, a price-to-earnings-growth ratio of 0.49 and a beta of 1.73.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. StockNews.com raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. lifted their price objective on Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Finally, Bank of America began coverage on Harmony Gold Mining in a research note on Monday, October 21st. They issued a “neutral” rating for the company.

About Harmony Gold Mining

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company explores for uranium, silver, copper, and molybdenum deposits. It has eight underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface source operations in South Africa.