Caprock Group LLC Invests $188,000 in Harmony Gold Mining Company Limited (NYSE:HMY)

Caprock Group LLC acquired a new stake in Harmony Gold Mining Company Limited (NYSE:HMY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 22,944 shares of the mining company’s stock, valued at approximately $188,000.

A number of other institutional investors have also recently added to or reduced their stakes in HMY. Van ECK Associates Corp lifted its position in shares of Harmony Gold Mining by 3.3% during the 3rd quarter. Van ECK Associates Corp now owns 68,895,088 shares of the mining company’s stock valued at $700,663,000 after acquiring an additional 2,206,537 shares during the period. Wellington Management Group LLP raised its holdings in Harmony Gold Mining by 76.8% during the third quarter. Wellington Management Group LLP now owns 2,676,433 shares of the mining company’s stock worth $27,219,000 after purchasing an additional 1,162,292 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in Harmony Gold Mining during the fourth quarter worth $1,804,000. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Harmony Gold Mining by 27.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 792,263 shares of the mining company’s stock valued at $8,057,000 after buying an additional 170,175 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Harmony Gold Mining during the 3rd quarter worth $1,526,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Wall Street Analysts Forecast Growth

HMY has been the topic of a number of research reports. JPMorgan Chase & Co. increased 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 note on Tuesday, November 12th. Bank of America assumed coverage on shares of Harmony Gold Mining in a research report on Monday, October 21st. They issued a “neutral” rating on the stock. Finally, StockNews.com lowered Harmony Gold Mining from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th.

Harmony Gold Mining Price Performance

NYSE:HMY opened at $12.01 on Friday. Harmony Gold Mining Company Limited has a 12-month low of $5.41 and a 12-month high of $12.29. The firm has a market cap of $7.62 billion, a price-to-earnings ratio of 7.46, a price-to-earnings-growth ratio of 0.54 and a beta of 1.75. The company’s 50-day moving average is $9.40 and its two-hundred day moving average is $9.76. The company has a current ratio of 1.56, a quick ratio of 1.07 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.