New York State Common Retirement Fund Acquires 157,681 Shares of Harmony Gold Mining Company Limited $HMY

New York State Common Retirement Fund raised its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 1,288.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 169,915 shares of the mining company’s stock after acquiring an additional 157,681 shares during the period. New York State Common Retirement Fund’s holdings in Harmony Gold Mining were worth $3,084,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in HMY. Colonial Trust Advisors bought a new position in Harmony Gold Mining during the second quarter valued at approximately $26,000. Farther Finance Advisors LLC raised its stake in Harmony Gold Mining by 181.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,773 shares of the mining company’s stock valued at $50,000 after buying an additional 1,789 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of Harmony Gold Mining during the 2nd quarter valued at $55,000. Hantz Financial Services Inc. boosted its stake in shares of Harmony Gold Mining by 533.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 4,449 shares of the mining company’s stock worth $62,000 after buying an additional 3,747 shares during the last quarter. Finally, Bayforest Capital Ltd grew its holdings in shares of Harmony Gold Mining by 973.7% in the third quarter. Bayforest Capital Ltd now owns 4,778 shares of the mining company’s stock worth $87,000 after acquiring an additional 4,333 shares during the period. 31.79% of the stock is currently owned by institutional investors.

Harmony Gold Mining Stock Performance

NYSE HMY opened at $20.37 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.41 and a current ratio of 1.72. Harmony Gold Mining Company Limited has a 12 month low of $9.69 and a 12 month high of $26.06. The company’s 50 day moving average is $21.11 and its two-hundred day moving average is $18.11.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Harmony Gold Mining in a report on Thursday, January 22nd. Wall Street Zen upgraded shares of Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Finally, Zacks Research lowered shares of Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.

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.