Vontobel Holding Ltd. Sells 1,790 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Vontobel Holding Ltd. cut its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 0.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 514,376 shares of the mining company’s stock after selling 1,790 shares during the period. Vontobel Holding Ltd.’s holdings in Harmony Gold Mining were worth $7,597,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. GAMMA Investing LLC boosted its holdings in Harmony Gold Mining by 11.1% in the 1st quarter. GAMMA Investing LLC now owns 8,689 shares of the mining company’s stock valued at $128,000 after purchasing an additional 866 shares during the period. Stifel Financial Corp boosted its holdings in Harmony Gold Mining by 1.6% in the 4th quarter. Stifel Financial Corp now owns 54,911 shares of the mining company’s stock valued at $451,000 after purchasing an additional 881 shares during the period. Townsquare Capital LLC boosted its holdings in Harmony Gold Mining by 2.2% in the 4th quarter. Townsquare Capital LLC now owns 67,741 shares of the mining company’s stock valued at $556,000 after purchasing an additional 1,464 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in shares of Harmony Gold Mining by 4.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 35,918 shares of the mining company’s stock worth $295,000 after acquiring an additional 1,496 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of Harmony Gold Mining by 3.2% during the 4th quarter. LPL Financial LLC now owns 48,774 shares of the mining company’s stock worth $400,000 after acquiring an additional 1,496 shares during the period. 31.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Harmony Gold Mining Trading Up 2.1%

Shares of Harmony Gold Mining stock opened at $14.27 on Thursday. The stock has a market capitalization of $9.06 billion, a P/E ratio of 8.44, a price-to-earnings-growth ratio of 0.09 and a beta of 0.94. The company has a quick ratio of 1.46, a current ratio of 1.84 and a debt-to-equity ratio of 0.04. The company has a 50-day simple moving average of $14.86 and a 200 day simple moving average of $12.75. Harmony Gold Mining Company Limited has a 12-month low of $7.97 and a 12-month high of $18.77.

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.