Diversify Wealth Management LLC Increases Stock Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Diversify Wealth Management LLC raised its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 18.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 103,083 shares of the mining company’s stock after buying an additional 16,121 shares during the period. Diversify Wealth Management LLC’s holdings in Harmony Gold Mining were worth $939,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HMY. Vanguard Personalized Indexing Management LLC increased its stake in shares of Harmony Gold Mining by 15.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 19,366 shares of the mining company’s stock valued at $178,000 after purchasing an additional 2,611 shares in the last quarter. Hsbc Holdings PLC purchased a new position in shares of Harmony Gold Mining during the 2nd quarter valued at approximately $196,000. XTX Topco Ltd acquired a new stake in Harmony Gold Mining in the 2nd quarter valued at $274,000. Sei Investments Co. increased its holdings in Harmony Gold Mining by 60.9% in the 2nd quarter. Sei Investments Co. now owns 255,143 shares of the mining company’s stock worth $2,340,000 after acquiring an additional 96,577 shares in the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in Harmony Gold Mining during the second quarter worth $1,141,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Trading Up 3.3 %

Shares of NYSE HMY opened at $9.77 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a 12-month low of $5.41 and a 12-month high of $12.29. The company has a 50-day moving average of $8.90 and a 200 day moving average of $9.65.

Analyst Ratings Changes

HMY has been the subject of a number of research reports. Bank of America assumed coverage on shares of Harmony Gold Mining in a research note on Monday, October 21st. They set a “neutral” rating for the company. StockNews.com cut Harmony Gold Mining from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. Finally, JPMorgan Chase & Co. raised their target price on Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a research report on Tuesday, November 12th.

About Harmony Gold Mining

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.