Harmony Gold Mining Company Limited $HMY Shares Bought by Sei Investments Co.

Sei Investments Co. grew its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 22.0% during the 1st quarter, Holdings Channel reports. The fund owned 906,906 shares of the mining company’s stock after acquiring an additional 163,409 shares during the period. Sei Investments Co.’s holdings in Harmony Gold Mining were worth $13,939,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. First Trust Advisors LP raised its stake in Harmony Gold Mining by 41.0% in the 1st quarter. First Trust Advisors LP now owns 21,796 shares of the mining company’s stock valued at $335,000 after purchasing an additional 6,339 shares during the last quarter. Barometer Capital Management Inc. boosted its stake in shares of Harmony Gold Mining by 1,118.8% during the 1st quarter. Barometer Capital Management Inc. now owns 117,000 shares of the mining company’s stock worth $1,764,000 after purchasing an additional 107,400 shares during the last quarter. Summit Global Investments purchased a new stake in shares of Harmony Gold Mining during the first quarter worth about $462,000. Parallel Advisors LLC grew its holdings in shares of Harmony Gold Mining by 15.5% during the first quarter. Parallel Advisors LLC now owns 6,364 shares of the mining company’s stock worth $98,000 after buying an additional 852 shares in the last quarter. Finally, Dorsey Wright & Associates raised its position in shares of Harmony Gold Mining by 41.2% in the first quarter. Dorsey Wright & Associates now owns 204,042 shares of the mining company’s stock valued at $3,136,000 after buying an additional 59,582 shares during the last quarter. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Stock Performance

NYSE HMY opened at $16.15 on Friday. Harmony Gold Mining Company Limited has a 12 month low of $12.58 and a 12 month high of $26.06. The company has a quick ratio of 0.38, a current ratio of 0.54 and a debt-to-equity ratio of 0.03. The company has a 50-day moving average of $15.97 and a 200-day moving average of $17.69.

Analyst Ratings Changes

HMY has been the topic of several recent analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Harmony Gold Mining in a research note on Friday, July 17th. Wall Street Zen upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Morgan Stanley raised Harmony Gold Mining to an “overweight” rating in a research note on Thursday, April 16th. Finally, Zacks Research upgraded Harmony Gold Mining from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Harmony Gold Mining

Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.

In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.