Squarepoint Ops LLC Purchases New Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Squarepoint Ops LLC purchased a new stake in Harmony Gold Mining Company Limited (NYSE:HMY) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 34,005 shares of the mining company’s stock, valued at approximately $279,000.

Several other institutional investors also recently bought and sold shares of HMY. Jones Financial Companies Lllp lifted its holdings in Harmony Gold Mining by 230.3% in the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company’s stock valued at $48,000 after acquiring an additional 4,081 shares during the last quarter. Optiver Holding B.V. purchased a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $75,000. Quantbot Technologies LP purchased a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $77,000. Capstone Investment Advisors LLC purchased a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $82,000. Finally, Advisory Services Network LLC purchased a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $87,000. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Harmony Gold Mining Price Performance

Shares of NYSE:HMY opened at $14.58 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. The company has a market cap of $9.25 billion, a P/E ratio of 8.63, a PEG ratio of 0.63 and a beta of 0.98. Harmony Gold Mining Company Limited has a 52 week low of $7.97 and a 52 week high of $18.77. The company has a 50-day moving average price of $15.35 and a 200 day moving average price of $12.11.

Analyst Ratings Changes

A number of research firms have recently weighed in on HMY. Hsbc Global Res raised Harmony Gold Mining from a “moderate sell” rating to a “hold” rating in a research report on Thursday, April 17th. Wall Street Zen raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Friday, March 7th.

Harmony Gold Mining Company Profile

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.