Quantbot Technologies LP Has $1.01 Million Stock Holdings in Harmony Gold Mining Company Limited $HMY

Quantbot Technologies LP decreased its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 73.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 55,669 shares of the mining company’s stock after selling 157,100 shares during the period. Quantbot Technologies LP’s holdings in Harmony Gold Mining were worth $1,010,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Thrivent Financial for Lutherans acquired a new stake in Harmony Gold Mining in the third quarter valued at about $1,123,000. Ariose Capital Management Ltd acquired a new position in Harmony Gold Mining during the third quarter worth about $1,182,000. Alps Advisors Inc. lifted its holdings in shares of Harmony Gold Mining by 34.5% in the third quarter. Alps Advisors Inc. now owns 1,405,825 shares of the mining company’s stock worth $25,516,000 after acquiring an additional 360,673 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Harmony Gold Mining by 15.5% in the second quarter. Envestnet Asset Management Inc. now owns 184,507 shares of the mining company’s stock worth $2,578,000 after acquiring an additional 24,779 shares during the last quarter. Finally, Amundi grew its position in Harmony Gold Mining by 12.1% during the 2nd quarter. Amundi now owns 2,369,973 shares of the mining company’s stock worth $33,796,000 after acquiring an additional 256,562 shares during the last quarter. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Price Performance

Shares of HMY opened at $19.62 on Friday. The stock’s 50-day moving average price is $21.40 and its two-hundred day moving average price is $18.93. Harmony Gold Mining Company Limited has a 12 month low of $11.30 and a 12 month high of $26.06. The company has a quick ratio of 1.41, a current ratio of 1.72 and a debt-to-equity ratio of 0.04.

Analyst Upgrades and Downgrades

HMY has been the subject of several research reports. Wall Street Zen upgraded Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. Weiss Ratings restated a “buy (b)” rating on shares of Harmony Gold Mining in a report on Thursday, January 22nd. Finally, Zacks Research downgraded Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Harmony Gold Mining currently has a consensus 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.