Harmony Gold Mining Company Limited $HMY Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd decreased its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 17.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,183 shares of the mining company’s stock after selling 46,169 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Harmony Gold Mining were worth $3,851,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of HMY. Colonial Trust Advisors acquired a new position in Harmony Gold Mining during the 2nd quarter worth $26,000. Farther Finance Advisors LLC boosted its stake in shares of Harmony Gold Mining by 181.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,773 shares of the mining company’s stock valued at $50,000 after buying an additional 1,789 shares during the period. First Horizon Advisors Inc. acquired a new position in shares of Harmony Gold Mining during the second quarter worth about $55,000. Hantz Financial Services Inc. raised its holdings in Harmony Gold Mining by 533.8% in the second quarter. Hantz Financial Services Inc. now owns 4,449 shares of the mining company’s stock valued at $62,000 after acquiring an additional 3,747 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in Harmony Gold Mining during the 2nd quarter worth approximately $69,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Stock Up 1.9%

Shares of HMY opened at $23.48 on Monday. The company’s 50 day simple moving average is $20.19 and its 200-day simple moving average is $17.58. Harmony Gold Mining Company Limited has a 12-month low of $9.69 and a 12-month high of $23.80. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.41 and a current ratio of 1.72.

Analysts Set New Price Targets

Several equities analysts recently commented on HMY shares. Hsbc Global Res raised Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 9th. HSBC raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Thursday, October 9th. Wall Street Zen raised Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. Zacks Research cut Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Harmony Gold Mining in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $16.00.

Harmony Gold Mining Profile

Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.

In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.