Generali Investments CEE investicni spolecnost a.s. Buys New Holdings in Harmony Gold Mining Company Limited (NYSE:HMY)

Generali Investments CEE investicni spolecnost a.s. bought a new stake in Harmony Gold Mining Company Limited (NYSE:HMY) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24,000 shares of the mining company’s stock, valued at approximately $197,000.

A number of other large investors have also modified their holdings of HMY. Assetmark Inc. bought a new stake in Harmony Gold Mining in the third quarter valued at $501,000. Sumitomo Mitsui Trust Group Inc. bought a new stake in Harmony Gold Mining in the third quarter valued at $210,000. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Harmony Gold Mining in the third quarter valued at $192,000. Connor Clark & Lunn Investment Management Ltd. grew its position in Harmony Gold Mining by 27.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 792,263 shares of the mining company’s stock valued at $8,057,000 after acquiring an additional 170,175 shares during the period. Finally, Advisors Asset Management Inc. bought a new stake in Harmony Gold Mining in the third quarter valued at $241,000. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Harmony Gold Mining Price Performance

Shares of HMY stock opened at $11.85 on Monday. The stock’s fifty day moving average is $10.42 and its 200-day moving average is $10.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. The stock has a market capitalization of $7.52 billion, a PE ratio of 7.01, a PEG ratio of 0.63 and a beta of 1.85. Harmony Gold Mining Company Limited has a 52 week low of $7.15 and a 52 week high of $12.49.

Analyst Ratings Changes

A number of analysts have weighed in on HMY shares. JPMorgan Chase & Co. upped their price target 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. StockNews.com upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Friday.

Harmony Gold Mining 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.