Y Intercept Hong Kong Ltd Acquires New Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Y Intercept Hong Kong Ltd purchased a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 112,414 shares of the mining company’s stock, valued at approximately $923,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hara Capital LLC acquired a new stake in shares of Harmony Gold Mining in the third quarter worth $38,000. Grove Bank & Trust grew its holdings in Harmony Gold Mining by 400.0% during the 4th 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 in the last quarter. International Assets Investment Management LLC acquired a new stake in Harmony Gold Mining during the 3rd quarter valued at $1,035,000. Alliance Wealth Advisors LLC UT acquired a new stake in Harmony Gold Mining during the 4th quarter valued at $88,000. Finally, Ground Swell Capital LLC acquired a new stake in Harmony Gold Mining during the 3rd quarter valued at $115,000. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Trading Down 7.6 %

NYSE HMY opened at $10.09 on Friday. Harmony Gold Mining Company Limited has a 12 month low of $5.41 and a 12 month high of $12.48. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of 5.97, a price-to-earnings-growth ratio of 0.63 and a beta of 1.75. The company’s fifty day moving average price is $10.14 and its two-hundred day moving average price is $10.00.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. StockNews.com lowered shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. raised their price target on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a 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.