Adverum Biotechnologies (NASDAQ:ADVM) Sees Unusually-High Trading Volume Harmony Gold Mining Co.(NYSE:HMY) Position Boosted by Renaissance Technologies LLC Harmony Gold Mining Co.(NYSE:HMY) Position Boosted by Renaissance Technologies LLC – Filed Under – by Patrick Bannon Tweet
Renaissance Technologies LLC increased its holdings in Harmony Gold Mining Co.(NYSE:HMY) by 21.7% in the second quarter, HoldingsChannel.com reports.The institutional investor owned 6,029,521 shares of the mining company’s stock after purchasing an additional 1,073,121 shares during the quarter.
Renaissance Technologies LLC’s holdings in Harmony Gold Mining were worth $13,687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also modified their holdings of HMY.AJO LP bought a new position in Harmony Gold Mining in the 1st quarter worth approximately $4,424,000.Exor Investments UK LLP grew its holdings in Harmony Gold Mining by 11.2% in the 2nd quarter.
Exor Investments UK LLP now owns 14,762,756 shares of the mining company’s stock worth $33,511,000 after buying an additional 1,487,028 shares in the last quarter.Ruffer LLP grew its holdings in Harmony Gold Mining by 27.6% in the 1st quarter.Ruffer LLP now owns 2,775,555 shares of the mining company’s stock worth $5,287,000 after buying an additional 600,000 shares in the last quarter.U S Global Investors Inc.grew its holdings in Harmony Gold Mining by 11.8% in the 2nd quarter.U S Global Investors Inc.now owns 861,512 shares of the mining company’s stock worth $1,955,000 after buying an additional 90,716 shares in the last quarter.Finally, Commerzbank Aktiengesellschaft FI grew its holdings in Harmony Gold Mining by 2.3% in the 2nd quarter.
Commerzbank Aktiengesellschaft FI now owns 1,468,580 shares of the mining company’s stock worth $3,334,000 after buying an additional 33,201 shares in the last quarter.36.43% of the stock is owned by institutional investors and hedge funds.
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NYSE HMY traded up $0.02 on Friday, reaching $3.12.122,004 shares of the stock traded hands, compared to its average volume of 11,905,494.The firm’s fifty day simple moving average is $3.21 and its 200 day simple moving average is $2.29.
The company has a quick ratio of 0.75, a current ratio of 1.35 and a debt-to-equity ratio of 0.27.The company has a market cap of $1.37 billion, a price-to-earnings ratio of 22.21 and a beta of -1.47.Harmony Gold Mining Co.
has a 12 month low of $1.47 and a 12 month high of $3.86.
A number of equities analysts recently issued reports on the company.JPMorgan Chase & Co.decreased their price objective on Harmony Gold Mining from $4.20 to $4.10 and set an “overweight” rating for the company in a report on Thursday, September 12th.ValuEngine lowered Harmony Gold Mining from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th.Finally, Zacks Investment Research raised Harmony Gold Mining from a “sell” rating to a “hold” rating and set a $2.50 price objective for the company in a report on Friday, June 28th.
About Harmony Gold Mining
Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold in South Africa and Papua New Guinea.The company also explores for copper and silver deposits.It has nine underground operations; an open-pit mine; and various surface treatment operations in South Africa.
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Want to see what other hedge funds are holding HMY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Harmony Gold Mining Co.
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