Harmony Gold Mining Company Limited (NYSE:HMY) Shares Sold by Kercheville Advisors LLC

Kercheville Advisors LLC cut its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 23.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 139,600 shares of the mining company’s stock after selling 42,700 shares during the period. Kercheville Advisors LLC’s holdings in Harmony Gold Mining were worth $1,146,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Veracity Capital LLC raised its holdings in Harmony Gold Mining by 7.9% during the third quarter. Veracity Capital LLC now owns 13,747 shares of the mining company’s stock worth $140,000 after purchasing an additional 1,003 shares in the last quarter. Ballentine Partners LLC raised its stake in Harmony Gold Mining by 12.2% during the 4th quarter. Ballentine Partners LLC now owns 14,048 shares of the mining company’s stock valued at $115,000 after purchasing an additional 1,533 shares during the period. SG Americas Securities LLC grew its holdings in shares of Harmony Gold Mining by 3.8% during the 4th quarter. SG Americas Securities LLC now owns 52,524 shares of the mining company’s stock valued at $431,000 after acquiring an additional 1,919 shares in the last quarter. Creative Planning grew its holdings in shares of Harmony Gold Mining by 3.6% during the 3rd quarter. Creative Planning now owns 59,686 shares of the mining company’s stock valued at $607,000 after acquiring an additional 2,061 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its holdings in shares of Harmony Gold Mining by 9.1% during the 4th quarter. Diversify Advisory Services LLC now owns 25,848 shares of the mining company’s stock valued at $235,000 after acquiring an additional 2,163 shares in the last quarter. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Harmony Gold Mining Stock Performance

NYSE HMY opened at $11.89 on Thursday. Harmony Gold Mining Company Limited has a 1-year low of $5.41 and a 1-year high of $12.29. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. The company has a 50 day moving average of $9.28 and a 200-day moving average of $9.73.

Wall Street Analyst Weigh In

HMY has been the subject of a number of recent research reports. Bank of America started coverage on shares of Harmony Gold Mining in a report on Monday, October 21st. They issued a “neutral” rating for the company. StockNews.com lowered shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. increased their price target 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.

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.