U S Global Investors Inc. Decreases Stock Holdings in Harmony Gold Mining Company Limited (NYSE:HMY)

U S Global Investors Inc. reduced its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 63.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 200,000 shares of the mining company’s stock after selling 344,254 shares during the quarter. U S Global Investors Inc.’s holdings in Harmony Gold Mining were worth $1,642,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hara Capital LLC purchased a new position in shares of Harmony Gold Mining in the 3rd quarter worth about $38,000. Grove Bank & Trust raised its position in Harmony Gold Mining by 400.0% in the fourth quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock worth $41,000 after acquiring an additional 4,000 shares during the period. Alliance Wealth Advisors LLC UT bought a new position in shares of Harmony Gold Mining during the 4th quarter valued at approximately $88,000. Private Advisor Group LLC increased its stake in shares of Harmony Gold Mining by 18.0% during the 4th quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company’s stock worth $107,000 after purchasing an additional 1,987 shares during the last quarter. Finally, Ground Swell Capital LLC bought a new stake in shares of Harmony Gold Mining in the 3rd quarter worth approximately $115,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HMY. StockNews.com downgraded Harmony Gold Mining from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. boosted their price objective on Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a research note on Tuesday, November 12th.

Harmony Gold Mining Stock Down 7.6 %

Harmony Gold Mining stock opened at $10.09 on Friday. The firm has a 50 day simple moving average of $10.14 and a 200 day simple moving average of $10.00. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a 1-year low of $5.41 and a 1-year high of $12.48. The firm has a market capitalization of $6.40 billion, a price-to-earnings ratio of 5.97, a P/E/G ratio of 0.63 and a beta of 1.75.

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.