Harmony Gold Mining Company Limited $HMY Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. trimmed its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 4.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 489,581 shares of the mining company’s stock after selling 24,492 shares during the period. Vontobel Holding Ltd.’s holdings in Harmony Gold Mining were worth $8,886,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of HMY. Quantbot Technologies LP lifted its position in shares of Harmony Gold Mining by 157.4% during the 1st quarter. Quantbot Technologies LP now owns 24,213 shares of the mining company’s stock valued at $358,000 after acquiring an additional 14,807 shares during the last quarter. Compound Planning Inc. raised its position in shares of Harmony Gold Mining by 15.8% during the first quarter. Compound Planning Inc. now owns 24,642 shares of the mining company’s stock worth $364,000 after purchasing an additional 3,356 shares during the period. Walleye Capital LLC lifted its holdings in shares of Harmony Gold Mining by 103.6% during the first quarter. Walleye Capital LLC now owns 244,232 shares of the mining company’s stock valued at $3,607,000 after purchasing an additional 124,287 shares during the last quarter. B. Metzler seel. Sohn & Co. AG lifted its holdings in shares of Harmony Gold Mining by 51.6% during the first quarter. B. Metzler seel. Sohn & Co. AG now owns 54,905 shares of the mining company’s stock valued at $811,000 after purchasing an additional 18,697 shares during the last quarter. Finally, Trexquant Investment LP acquired a new position in shares of Harmony Gold Mining in the 1st quarter valued at $1,834,000. Institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Price Performance

HMY stock opened at $21.55 on Thursday. The firm has a 50 day simple moving average of $18.48 and a 200 day simple moving average of $16.47. Harmony Gold Mining Company Limited has a 52 week low of $7.97 and a 52 week high of $22.25. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.41 and a current ratio of 1.72.

Analyst Ratings Changes

Several research firms have issued reports on HMY. Investec upgraded Harmony Gold Mining to a “hold” rating in a report on Friday, October 10th. Zacks Research lowered shares of Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 16th. Weiss Ratings restated a “buy (b)” rating on shares of Harmony Gold Mining in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 20th. Finally, Hsbc Global Res upgraded shares of Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.00.

Harmony Gold Mining Company 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.