Harmony Gold Mining Company Limited (NYSE:HMY) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC raised its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 298.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,383 shares of the mining company’s stock after buying an additional 39,237 shares during the period. HighTower Advisors LLC’s holdings in Harmony Gold Mining were worth $525,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Harmony Gold Mining during the 3rd quarter worth $528,000. Bridgewater Associates LP increased its position in Harmony Gold Mining by 34.6% during the third quarter. Bridgewater Associates LP now owns 403,178 shares of the mining company’s stock worth $4,100,000 after purchasing an additional 103,608 shares during the last quarter. FMR LLC increased its stake in Harmony Gold Mining by 522.6% during the third quarter. FMR LLC now owns 38,620 shares of the mining company’s stock worth $393,000 after acquiring an additional 32,417 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of Harmony Gold Mining by 4.0% during the 3rd quarter. Bank of Montreal Can now owns 228,288 shares of the mining company’s stock valued at $2,466,000 after acquiring an additional 8,862 shares in the last quarter. Finally, Eagle Asset Management Inc. lifted its stake in shares of Harmony Gold Mining by 10.8% during the third quarter. Eagle Asset Management Inc. now owns 43,359 shares of the mining company’s stock worth $448,000 after purchasing an additional 4,220 shares in the last quarter. 31.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on HMY. Bank of America assumed coverage on Harmony Gold Mining in a report on Monday, October 21st. They set a “neutral” rating on the stock. JPMorgan Chase & Co. boosted their target price on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Finally, StockNews.com lowered shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a report on Thursday, November 28th.

Harmony Gold Mining Trading Up 1.1 %

NYSE:HMY opened at $8.43 on Friday. Harmony Gold Mining Company Limited has a 1 year low of $5.40 and a 1 year high of $12.29. The stock has a market cap of $5.35 billion, a price-to-earnings ratio of 6.06, a PEG ratio of 0.46 and a beta of 1.72. The business has a fifty day moving average of $9.83 and a 200-day moving average of $9.66. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56.

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.