Stifel Financial Corp Reduces Stock Holdings in Harmony Gold Mining Company Limited (NYSE:HMY)

Stifel Financial Corp lessened its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 8.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 54,030 shares of the mining company’s stock after selling 5,023 shares during the quarter. Stifel Financial Corp’s holdings in Harmony Gold Mining were worth $549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HMY. Veracity Capital LLC raised its stake in shares of Harmony Gold Mining by 7.9% during the 3rd quarter. Veracity Capital LLC now owns 13,747 shares of the mining company’s stock valued at $140,000 after buying an additional 1,003 shares during the last quarter. Beverly Hills Private Wealth LLC raised its position in Harmony Gold Mining by 5.0% during the second quarter. Beverly Hills Private Wealth LLC now owns 28,916 shares of the mining company’s stock valued at $265,000 after acquiring an additional 1,378 shares in the last quarter. Creative Planning lifted its holdings in Harmony Gold Mining by 3.6% in the third quarter. Creative Planning now owns 59,686 shares of the mining company’s stock valued at $607,000 after acquiring an additional 2,061 shares during the period. Vanguard Personalized Indexing Management LLC boosted its position in Harmony Gold Mining by 15.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 19,366 shares of the mining company’s stock worth $178,000 after purchasing an additional 2,611 shares in the last quarter. Finally, Hara Capital LLC acquired a new stake in shares of Harmony Gold Mining during the 3rd quarter worth approximately $38,000. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Harmony Gold Mining Trading Down 0.1 %

Shares of NYSE:HMY opened at $8.31 on Friday. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of 5.98, a price-to-earnings-growth ratio of 0.46 and a beta of 1.72. The business’s 50 day moving average price is $9.66 and its 200-day moving average price is $9.64. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. Harmony Gold Mining Company Limited has a 1 year low of $5.40 and a 1 year high of $12.29.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Bank of America started coverage on shares of Harmony Gold Mining in a research report on Monday, October 21st. They issued a “neutral” rating for the company. Finally, StockNews.com lowered Harmony Gold Mining from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th.

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.