Harmony Gold Mining Company Limited $HMY Shares Acquired by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG increased its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 51.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 54,905 shares of the mining company’s stock after buying an additional 18,697 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Harmony Gold Mining were worth $811,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of HMY. Spire Wealth Management acquired a new stake in shares of Harmony Gold Mining in the first quarter valued at about $33,000. Parallel Advisors LLC grew its stake in Harmony Gold Mining by 71.4% during the 1st quarter. Parallel Advisors LLC now owns 4,706 shares of the mining company’s stock valued at $70,000 after purchasing an additional 1,961 shares in the last quarter. Brooklyn Investment Group grew its stake in Harmony Gold Mining by 165,766.7% during the 1st quarter. Brooklyn Investment Group now owns 4,976 shares of the mining company’s stock valued at $73,000 after purchasing an additional 4,973 shares in the last quarter. Capstone Investment Advisors LLC acquired a new stake in Harmony Gold Mining during the 4th quarter valued at approximately $82,000. Finally, Bridgefront Capital LLC acquired a new stake in Harmony Gold Mining during the 4th quarter valued at approximately $97,000. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Trading Up 5.3%

NYSE:HMY opened at $13.27 on Friday. The business has a 50 day simple moving average of $14.62 and a 200 day simple moving average of $14.23. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.84 and a quick ratio of 1.46. The firm has a market capitalization of $8.43 billion, a P/E ratio of 7.85, a P/E/G ratio of 0.08 and a beta of 0.77. Harmony Gold Mining Company Limited has a 12-month low of $7.97 and a 12-month high of $18.77.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HMY. Zacks Research lowered Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 22nd. BMO Capital Markets started coverage on Harmony Gold Mining in a research report on Thursday, July 17th. They issued a “market perform” rating and a $16.00 target price for the company. Five investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Harmony Gold Mining currently has an average rating of “Hold” and an average price target of $12.20.

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.