B. Metzler seel. Sohn & Co. AG Acquires 31,964 Shares of Harmony Gold Mining Company Limited $HMY

B. Metzler seel. Sohn & Co. AG grew its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 58.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 86,869 shares of the mining company’s stock after purchasing an additional 31,964 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Harmony Gold Mining were worth $1,577,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Rathbones Group PLC raised its stake in Harmony Gold Mining by 11.7% during the third quarter. Rathbones Group PLC now owns 28,635 shares of the mining company’s stock valued at $520,000 after buying an additional 3,000 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Harmony Gold Mining by 8.8% during the third quarter. First Trust Advisors LP now owns 15,952 shares of the mining company’s stock valued at $290,000 after acquiring an additional 1,296 shares in the last quarter. Barclays PLC raised its position in shares of Harmony Gold Mining by 131.1% in the 3rd quarter. Barclays PLC now owns 278,505 shares of the mining company’s stock worth $5,055,000 after purchasing an additional 157,982 shares during the last quarter. Segall Bryant & Hamill LLC raised its position in shares of Harmony Gold Mining by 19.4% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 18,500 shares of the mining company’s stock worth $336,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Diversify Wealth Management LLC boosted its stake in Harmony Gold Mining by 4.3% in the 3rd quarter. Diversify Wealth Management LLC now owns 135,872 shares of the mining company’s stock worth $2,466,000 after purchasing an additional 5,587 shares in the last quarter. 31.79% of the stock is owned by institutional investors.

Harmony Gold Mining Stock Performance

Harmony Gold Mining stock opened at $18.98 on Wednesday. Harmony Gold Mining Company Limited has a one year low of $11.67 and a one year high of $26.06. The stock has a fifty day moving average of $21.36 and a 200 day moving average of $19.02. The company has a current ratio of 1.72, a quick ratio of 1.41 and a debt-to-equity ratio of 0.04.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HMY shares. Weiss Ratings restated a “buy (b)” rating on shares of Harmony Gold Mining in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Finally, Zacks Research cut shares of Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company 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.