New York State Common Retirement Fund Raises Stock Position in Harmony Gold Mining Company Limited $HMY

New York State Common Retirement Fund lifted its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 1,288.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 169,915 shares of the mining company’s stock after purchasing an additional 157,681 shares during the period. New York State Common Retirement Fund’s holdings in Harmony Gold Mining were worth $3,084,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Jones Financial Companies Lllp grew its holdings in shares of Harmony Gold Mining by 210.4% during the 1st quarter. Jones Financial Companies Lllp now owns 18,165 shares of the mining company’s stock worth $268,000 after acquiring an additional 12,312 shares during the period. Goldman Sachs Group Inc. raised its holdings in Harmony Gold Mining by 215.7% in the first quarter. Goldman Sachs Group Inc. now owns 5,571,374 shares of the mining company’s stock worth $82,289,000 after purchasing an additional 3,806,468 shares in the last quarter. Truist Financial Corp raised its holdings in Harmony Gold Mining by 20.3% in the second quarter. Truist Financial Corp now owns 17,549 shares of the mining company’s stock worth $245,000 after purchasing an additional 2,960 shares in the last quarter. U S Global Investors Inc. lifted its position in Harmony Gold Mining by 105.3% during the second quarter. U S Global Investors Inc. now owns 307,960 shares of the mining company’s stock valued at $4,302,000 after buying an additional 157,960 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Harmony Gold Mining by 12.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 31,491 shares of the mining company’s stock valued at $440,000 after buying an additional 3,380 shares in the last quarter. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Analyst Ratings Changes

HMY has been the subject of a number of recent research reports. Wall Street Zen raised shares of Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. Zacks Research lowered shares of Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 16th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Harmony Gold Mining in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $16.00.

Harmony Gold Mining Stock Performance

Shares of NYSE HMY opened at $20.37 on Friday. The firm’s 50 day moving average price is $21.11 and its 200-day moving average price is $18.11. Harmony Gold Mining Company Limited has a 52-week low of $9.69 and a 52-week high of $26.06. The company has a current ratio of 1.72, a quick ratio of 1.41 and a debt-to-equity ratio of 0.04.

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.