Diversify Advisory Services LLC Buys 2,163 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Diversify Advisory Services LLC raised its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 9.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 25,848 shares of the mining company’s stock after buying an additional 2,163 shares during the quarter. Diversify Advisory Services LLC’s holdings in Harmony Gold Mining were worth $235,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of HMY. Hara Capital LLC bought a new position in Harmony Gold Mining in the third quarter valued at approximately $38,000. Grove Bank & Trust boosted its holdings in shares of Harmony Gold Mining by 400.0% in the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock valued at $41,000 after purchasing an additional 4,000 shares in the last quarter. Wallace Advisory Group LLC bought a new position in shares of Harmony Gold Mining in the 2nd quarter valued at $94,000. Ground Swell Capital LLC acquired a new position in shares of Harmony Gold Mining during the 3rd quarter worth $115,000. Finally, DGS Capital Management LLC bought a new stake in shares of Harmony Gold Mining during the 3rd quarter worth $139,000. 31.79% of the stock is currently owned by institutional investors.

Harmony Gold Mining Stock Performance

Shares of HMY stock opened at $10.48 on Friday. The business’s 50-day moving average price is $8.96 and its 200-day moving average price is $9.66. Harmony Gold Mining Company Limited has a 12 month low of $5.41 and a 12 month high of $12.29. 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 has a market capitalization of $6.65 billion, a price-to-earnings ratio of 6.51, a PEG ratio of 0.49 and a beta of 1.73.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HMY. Bank of America began coverage on Harmony Gold Mining in a research note on Monday, October 21st. They set a “neutral” rating for the company. StockNews.com upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. raised 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 report on Tuesday, November 12th.

About Harmony Gold Mining

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.