Ritholtz Wealth Management Sells 12,040 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Ritholtz Wealth Management trimmed its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 6.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 161,839 shares of the mining company’s stock after selling 12,040 shares during the period. Ritholtz Wealth Management’s holdings in Harmony Gold Mining were worth $1,329,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Hara Capital LLC purchased a new stake in Harmony Gold Mining in the 3rd quarter valued at about $38,000. Wallace Advisory Group LLC purchased a new stake in Harmony Gold Mining in the 2nd quarter valued at about $94,000. Ground Swell Capital LLC purchased a new stake in Harmony Gold Mining in the 3rd quarter valued at about $115,000. DGS Capital Management LLC purchased a new stake in Harmony Gold Mining in the 3rd quarter valued at about $139,000. Finally, Veracity Capital LLC boosted its position in Harmony Gold Mining by 7.9% in 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 period. 31.79% of the stock is currently owned by institutional investors.

Harmony Gold Mining Stock Up 3.3 %

NYSE HMY opened at $9.77 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average price is $8.90 and its 200-day moving average price is $9.65. Harmony Gold Mining Company Limited has a 52-week low of $5.41 and a 52-week high of $12.29.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on HMY shares. StockNews.com cut shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. 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, JPMorgan Chase & Co. increased their price objective 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.

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.