BidaskClub upgraded shares of Harmony Gold Mining Company Limited (NYSE:HMY) from a sell rating to a hold rating in a research report report published on Thursday morning.

HMY has been the topic of a number of other research reports. Zacks Investment Research lowered shares of Harmony Gold Mining Company Limited from a hold rating to a sell rating in a report on Friday, June 2nd. ValuEngine lowered shares of Harmony Gold Mining Company Limited from a buy rating to a hold rating in a report on Friday, June 2nd. Four analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of $2.50.

Harmony Gold Mining Company Limited (NYSE:HMY) traded down 0.57% during mid-day trading on Thursday, hitting $1.73. 3,420,035 shares of the company were exchanged. The company has a 50 day moving average of $1.70 and a 200 day moving average of $2.22. Harmony Gold Mining Company Limited has a 12-month low of $1.56 and a 12-month high of $4.79. The stock has a market cap of $756.53 million, a P/E ratio of 3.53 and a beta of -1.95.

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Several hedge funds and other institutional investors have recently modified their holdings of the stock. American Century Companies Inc. acquired a new position in shares of Harmony Gold Mining Company Limited during the first quarter valued at about $1,794,000. Van ECK Associates Corp raised its position in shares of Harmony Gold Mining Company Limited by 24.7% in the first quarter. Van ECK Associates Corp now owns 76,080,435 shares of the mining company’s stock valued at $186,397,000 after buying an additional 15,081,214 shares during the period. Two Sigma Investments LP acquired a new position in shares of Harmony Gold Mining Company Limited during the fourth quarter valued at about $108,000. Sigma Planning Corp acquired a new position in shares of Harmony Gold Mining Company Limited during the first quarter valued at about $375,000. Finally, UBS Asset Management Americas Inc. raised its position in shares of Harmony Gold Mining Company Limited by 35.2% in the fourth quarter. UBS Asset Management Americas Inc. now owns 502,054 shares of the mining company’s stock valued at $1,110,000 after buying an additional 130,812 shares during the period. 31.67% of the stock is currently owned by institutional investors.

About Harmony Gold Mining Company Limited

Harmony Gold Mining Company Limited, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company’s segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, and Unisel.

Analyst Recommendations for Harmony Gold Mining Company Limited (NYSE:HMY)

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