Harmony Gold Mining Company Limited (NYSE:HMY) Shares Sold by DGS Capital Management LLC

DGS Capital Management LLC reduced its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 10.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,282 shares of the mining company’s stock after selling 1,433 shares during the quarter. DGS Capital Management LLC’s holdings in Harmony Gold Mining were worth $101,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Van ECK Associates Corp lifted its holdings in shares of Harmony Gold Mining by 3.3% during the 3rd 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 period. Wellington Management Group LLP raised its stake in Harmony Gold Mining by 76.8% during the third quarter. Wellington Management Group LLP now owns 2,676,433 shares of the mining company’s stock worth $27,219,000 after purchasing an additional 1,162,292 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Harmony Gold Mining by 63.7% in the 2nd quarter. AQR Capital Management LLC now owns 1,567,543 shares of the mining company’s stock valued at $14,374,000 after purchasing an additional 609,971 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of Harmony Gold Mining during the 4th quarter valued at $1,804,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Harmony Gold Mining by 27.4% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 792,263 shares of the mining company’s stock worth $8,057,000 after buying an additional 170,175 shares during the last quarter. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HMY. StockNews.com raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. boosted their target price on Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Finally, Bank of America started coverage on shares of Harmony Gold Mining in a report on Monday, October 21st. They issued a “neutral” rating on the stock.

Harmony Gold Mining Trading Up 3.9 %

Shares of HMY opened at $10.87 on Monday. Harmony Gold Mining Company Limited has a 12 month low of $5.41 and a 12 month high of $12.29. The stock’s 50-day moving average is $9.04 and its two-hundred day moving average is $9.67. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56.

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.