23,624 Shares in Harmony Gold Mining Company Limited (NYSE:HMY) Acquired by Denali Advisors LLC

Denali Advisors LLC acquired a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 23,624 shares of the mining company’s stock, valued at approximately $194,000.

A number of other institutional investors have also recently added to or reduced their stakes in HMY. Creative Planning lifted its position in Harmony Gold Mining by 3.6% during the third quarter. Creative Planning now owns 59,686 shares of the mining company’s stock worth $607,000 after buying an additional 2,061 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Harmony Gold Mining during the third quarter worth $1,035,000. China Universal Asset Management Co. Ltd. acquired a new stake in Harmony Gold Mining during the third quarter worth $360,000. Diversify Wealth Management LLC increased its stake in Harmony Gold Mining by 13.9% during the third quarter. Diversify Wealth Management LLC now owns 86,962 shares of the mining company’s stock worth $884,000 after acquiring an additional 10,609 shares during the last quarter. Finally, Van ECK Associates Corp increased its stake in Harmony Gold Mining by 3.3% during the third quarter. Van ECK Associates Corp now owns 68,895,088 shares of the mining company’s stock worth $700,663,000 after acquiring an additional 2,206,537 shares during the last quarter. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Trading Down 7.6 %

Shares of NYSE HMY opened at $10.09 on Friday. Harmony Gold Mining Company Limited has a twelve month low of $5.41 and a twelve month high of $12.48. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The stock has a fifty day simple moving average of $10.14 and a 200-day simple moving average of $10.00. The stock has a market capitalization of $6.40 billion, a PE ratio of 5.97, a PEG ratio of 0.63 and a beta of 1.75.

Analysts Set New Price Targets

Several equities research analysts have issued reports on HMY shares. StockNews.com cut Harmony Gold Mining from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. raised their target price on Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th.

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.