Diversify Advisory Services LLC Makes New Investment in Harmony Gold Mining Company Limited (NYSE:HMY)

Diversify Advisory Services LLC bought a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMYFree Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 87,962 shares of the mining company’s stock, valued at approximately $712,000.

Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in shares of Harmony Gold Mining during the 4th quarter valued at $32,000. Fifth Third Bancorp purchased a new stake in shares of Harmony Gold Mining during the 4th quarter valued at $34,000. St. Johns Investment Management Company LLC purchased a new stake in shares of Harmony Gold Mining during the 1st quarter valued at $52,000. Atlas Capital Advisors LLC purchased a new stake in shares of Harmony Gold Mining during the 1st quarter valued at $61,000. Finally, Intelligence Driven Advisers LLC purchased a new stake in shares of Harmony Gold Mining during the 4th quarter valued at $67,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Stock Up 3.7 %

NYSE HMY opened at $9.71 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.62 and a quick ratio of 1.11. The stock’s fifty day moving average price is $9.04 and its 200 day moving average price is $7.65. Harmony Gold Mining Company Limited has a 1 year low of $3.41 and a 1 year high of $10.24.

Analysts Set New Price Targets

HMY has been the subject of several analyst reports. StockNews.com lowered Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a report on Friday, April 12th. JPMorgan Chase & Co. cut their target price on Harmony Gold Mining from $5.80 to $4.80 and set an “underweight” rating on the stock in a research report on Wednesday. Finally, HSBC downgraded Harmony Gold Mining from a “hold” rating to a “reduce” rating in a research report on Friday, April 19th.

Check Out Our Latest Stock Analysis on HMY

Harmony Gold Mining Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Harmony Gold Mining (NYSE:HMY)

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