Pacer Advisors Inc. Buys 4,916 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Pacer Advisors Inc. increased its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 14.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,586 shares of the mining company’s stock after purchasing an additional 4,916 shares during the period. Pacer Advisors Inc.’s holdings in Harmony Gold Mining were worth $325,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of HMY. Consolidated Portfolio Review Corp acquired a new position in shares of Harmony Gold Mining in the 3rd quarter valued at approximately $1,187,000. Public Employees Retirement System of Ohio acquired a new position in Harmony Gold Mining during the third quarter valued at approximately $1,412,000. HighTower Advisors LLC lifted its stake in Harmony Gold Mining by 298.5% during the third quarter. HighTower Advisors LLC now owns 52,383 shares of the mining company’s stock worth $525,000 after purchasing an additional 39,237 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Harmony Gold Mining in the 3rd quarter valued at $1,526,000. Finally, Bridgewater Associates LP increased its stake in shares of Harmony Gold Mining by 34.6% in the 3rd quarter. Bridgewater Associates LP now owns 403,178 shares of the mining company’s stock valued at $4,100,000 after purchasing an additional 103,608 shares during the last quarter. Institutional investors and hedge funds own 31.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. StockNews.com lowered shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Finally, Bank of America started coverage on shares of Harmony Gold Mining in a research note on Monday, October 21st. They issued a “neutral” rating for the company.

Harmony Gold Mining Trading Up 0.5 %

Harmony Gold Mining stock opened at $11.86 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a 1 year low of $5.41 and a 1 year high of $12.29. The business has a 50 day moving average of $9.23 and a 200-day moving average of $9.71.

Harmony Gold Mining Profile

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.