Harmony Gold Mining Company Limited (NYSE:HMY) Shares Acquired by Ballentine Partners LLC

Ballentine Partners LLC raised its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 12.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,048 shares of the mining company’s stock after purchasing an additional 1,533 shares during the period. Ballentine Partners LLC’s holdings in Harmony Gold Mining were worth $115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of HMY. Vanguard Personalized Indexing Management LLC lifted its position in shares of Harmony Gold Mining by 15.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 19,366 shares of the mining company’s stock worth $178,000 after buying an additional 2,611 shares during the last quarter. Hsbc Holdings PLC acquired a new position in shares of Harmony Gold Mining during the 2nd quarter worth $196,000. Sei Investments Co. raised its holdings in Harmony Gold Mining by 60.9% during the second quarter. Sei Investments Co. now owns 255,143 shares of the mining company’s stock worth $2,340,000 after purchasing an additional 96,577 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of Harmony Gold Mining in the second quarter valued at approximately $1,141,000. Finally, Bank of Montreal Can lifted its position in shares of Harmony Gold Mining by 49.0% in the second quarter. Bank of Montreal Can now owns 219,426 shares of the mining company’s stock valued at $2,018,000 after acquiring an additional 72,207 shares in the last quarter. 31.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on HMY shares. StockNews.com raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. upped their price objective on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. Finally, Bank of America started coverage on shares of Harmony Gold Mining in a research note on Monday, October 21st. They set a “neutral” rating on the stock.

Harmony Gold Mining Stock Up 3.9 %

NYSE:HMY opened at $10.87 on Monday. The stock has a 50 day moving average of $9.04 and a 200-day moving average of $9.67. 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 $5.41 and a 52 week high of $12.29.

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.