Blue Trust Inc. Has $75,000 Stock Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Blue Trust Inc. reduced its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 77.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,110 shares of the mining company’s stock after selling 30,912 shares during the quarter. Blue Trust Inc.’s holdings in Harmony Gold Mining were worth $75,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Vontobel Holding Ltd. raised its stake in Harmony Gold Mining by 4.1% during the 4th quarter. Vontobel Holding Ltd. now owns 516,166 shares of the mining company’s stock worth $4,238,000 after buying an additional 20,336 shares during the period. Alliance Wealth Advisors LLC UT acquired a new position in Harmony Gold Mining during the 4th quarter worth approximately $88,000. Caprock Group LLC acquired a new position in Harmony Gold Mining during the 4th quarter worth approximately $188,000. Pacer Advisors Inc. raised its stake in Harmony Gold Mining by 14.2% during the 4th quarter. Pacer Advisors Inc. now owns 39,586 shares of the mining company’s stock worth $325,000 after buying an additional 4,916 shares during the period. Finally, SG Americas Securities LLC raised its stake in Harmony Gold Mining by 3.8% during the 4th quarter. SG Americas Securities LLC now owns 52,524 shares of the mining company’s stock worth $431,000 after buying an additional 1,919 shares during the period. 31.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on HMY shares. StockNews.com downgraded Harmony Gold Mining from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. increased their price objective on Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th.

Harmony Gold Mining Stock Performance

Shares of Harmony Gold Mining stock opened at $10.82 on Monday. The company has a market cap of $6.87 billion, a PE ratio of 6.40, a price-to-earnings-growth ratio of 0.63 and a beta of 1.75. Harmony Gold Mining Company Limited has a 52 week low of $5.41 and a 52 week high of $12.48. The business has a 50 day moving average price of $9.96 and a 200-day moving average price of $9.97. 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 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.