Harmony Gold Mining Company Limited (NYSE:HMY) Shares Sold by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC reduced its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 8.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,665 shares of the mining company’s stock after selling 876 shares during the period. Smartleaf Asset Management LLC’s holdings in Harmony Gold Mining were worth $79,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Grove Bank & Trust increased its stake 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 purchasing an additional 4,000 shares during the last quarter. Alliance Wealth Advisors LLC UT purchased a new stake in Harmony Gold Mining in the 4th quarter valued at about $88,000. Private Advisor Group LLC increased its stake in shares of Harmony Gold Mining by 18.0% during the 4th quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company’s stock valued at $107,000 after acquiring an additional 1,987 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Harmony Gold Mining by 12.3% during the 4th quarter. US Bancorp DE now owns 13,801 shares of the mining company’s stock worth $113,000 after acquiring an additional 1,514 shares during the period. Finally, Ballentine Partners LLC boosted its position in shares of Harmony Gold Mining by 12.2% in the fourth quarter. Ballentine Partners LLC now owns 14,048 shares of the mining company’s stock worth $115,000 after acquiring an additional 1,533 shares during the last quarter. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Stock Performance

NYSE HMY opened at $11.85 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. Harmony Gold Mining Company Limited has a 1-year low of $7.15 and a 1-year high of $12.49. The firm has a market capitalization of $7.52 billion, a P/E ratio of 7.01, a P/E/G ratio of 0.63 and a beta of 1.85. The business’s 50-day simple moving average is $10.42 and its 200-day simple moving average is $10.00.

Analyst Ratings Changes

Several equities analysts recently commented on HMY shares. StockNews.com raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Friday. 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 report on Tuesday, November 12th.

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.