Harmony Gold Mining Company Limited (NYSE:HMY) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 18.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,037 shares of the mining company’s stock after purchasing an additional 1,987 shares during the period. Private Advisor Group LLC’s holdings in Harmony Gold Mining were worth $107,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Hara Capital LLC acquired a new position in Harmony Gold Mining in the third quarter valued at approximately $38,000. Grove Bank & Trust lifted its holdings in Harmony Gold Mining by 400.0% in the fourth quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock valued at $41,000 after acquiring an additional 4,000 shares during the last quarter. Alliance Wealth Advisors LLC UT acquired a new position in Harmony Gold Mining in the fourth quarter valued at approximately $88,000. DGS Capital Management LLC acquired a new position in Harmony Gold Mining in the third quarter valued at approximately $139,000. Finally, Ballentine Partners LLC lifted its holdings in Harmony Gold Mining by 12.2% in the fourth quarter. Ballentine Partners LLC now owns 14,048 shares of the mining company’s stock valued at $115,000 after acquiring an additional 1,533 shares during the last quarter. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on HMY shares. JPMorgan Chase & Co. upped their price objective on Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a report on Tuesday, November 12th. StockNews.com upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Friday.

Harmony Gold Mining Stock Up 9.2 %

Shares of NYSE HMY opened at $11.85 on Friday. The firm has a market cap of $7.52 billion, a price-to-earnings ratio of 7.01, a PEG ratio of 0.63 and a beta of 1.85. 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 52-week low of $7.03 and a 52-week high of $12.49. The business’s 50 day moving average is $10.42 and its two-hundred day moving average is $10.02.

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.