Walleye Capital LLC Sells 167,784 Shares of Harmony Gold Mining Company Limited $HMY

Walleye Capital LLC decreased its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 68.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,448 shares of the mining company’s stock after selling 167,784 shares during the quarter. Walleye Capital LLC’s holdings in Harmony Gold Mining were worth $1,068,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HMY. Jump Financial LLC boosted its holdings in shares of Harmony Gold Mining by 2,655.3% during the 1st quarter. Jump Financial LLC now owns 585,608 shares of the mining company’s stock worth $8,649,000 after buying an additional 564,354 shares during the period. Russell Investments Group Ltd. raised its holdings in Harmony Gold Mining by 30.7% in the 1st quarter. Russell Investments Group Ltd. now owns 467,378 shares of the mining company’s stock valued at $6,571,000 after acquiring an additional 109,873 shares during the period. U S Global Investors Inc. lifted its position in Harmony Gold Mining by 105.3% during the second quarter. U S Global Investors Inc. now owns 307,960 shares of the mining company’s stock worth $4,302,000 after acquiring an additional 157,960 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Harmony Gold Mining by 14.9% during the first quarter. American Century Companies Inc. now owns 3,805,276 shares of the mining company’s stock worth $56,204,000 after acquiring an additional 493,041 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S grew its position in shares of Harmony Gold Mining by 306.6% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 467,569 shares of the mining company’s stock valued at $6,906,000 after purchasing an additional 352,571 shares during the last quarter. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HMY has been the topic of a number of recent research reports. Wall Street Zen upgraded Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Harmony Gold Mining in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Harmony Gold Mining from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Investec raised shares of Harmony Gold Mining to a “hold” rating in a report on Friday, October 10th. Finally, Hsbc Global Res upgraded shares of Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Harmony Gold Mining presently has a consensus rating of “Buy” and a consensus price target of $16.00.

Harmony Gold Mining Trading Up 1.3%

Shares of HMY stock opened at $20.00 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.72 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a fifty-two week low of $7.97 and a fifty-two week high of $22.25. The stock’s fifty day moving average price is $18.11 and its two-hundred day moving average price is $16.06.

Harmony Gold Mining Announces Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Monday, October 20th. Investors of record on Friday, October 10th were given a dividend of $0.0893 per share. This represents a yield of 98.0%. The ex-dividend date was Friday, October 10th.

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.