Vanguard Capital Wealth Advisors bought a new stake in Harmony Gold Mining Co. (NYSE:HMY) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 22,250 shares of the mining company’s stock, valued at approximately $42,000.
Other large investors have also made changes to their positions in the company. Hsbc Holdings PLC purchased a new position in Harmony Gold Mining during the fourth quarter worth about $30,000. Financial Gravity Wealth Inc. acquired a new position in Harmony Gold Mining during the first quarter worth about $52,000. Financial Gravity Companies Inc. acquired a new position in Harmony Gold Mining during the fourth quarter worth about $61,000. BNP Paribas Arbitrage SA grew its position in Harmony Gold Mining by 47.7% during the first quarter. BNP Paribas Arbitrage SA now owns 166,306 shares of the mining company’s stock worth $316,000 after buying an additional 53,739 shares during the period. Finally, Barclays PLC grew its position in Harmony Gold Mining by 166.0% during the fourth quarter. Barclays PLC now owns 109,550 shares of the mining company’s stock worth $196,000 after buying an additional 68,359 shares during the period. 32.26% of the stock is owned by institutional investors and hedge funds.
HMY has been the topic of several recent analyst reports. JPMorgan Chase & Co. upgraded shares of Harmony Gold Mining from an “underweight” rating to an “overweight” rating and set a $2.11 target price on the stock in a research report on Thursday, February 21st. Zacks Investment Research upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating and set a $2.50 price target on the stock in a research report on Tuesday, February 12th. Finally, ValuEngine upgraded shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a research report on Tuesday, January 29th.
NYSE HMY traded down $0.01 during mid-day trading on Wednesday, reaching $1.66. 1,845,500 shares of the stock were exchanged, compared to its average volume of 3,892,188. Harmony Gold Mining Co. has a 1-year low of $1.42 and a 1-year high of $2.20. The firm has a market cap of $724.91 million, a P/E ratio of 12.77 and a beta of -1.75. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.84 and a current ratio of 1.38.
Harmony Gold Mining Profile
Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold in South Africa and Papua New Guinea. The company also explores for copper and silver deposits. It has nine underground operations; an open-pit mine; and various surface treatment operations in South Africa.
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