DGS Capital Management LLC Invests $139,000 in Harmony Gold Mining Company Limited (NYSE:HMY)

DGS Capital Management LLC purchased a new position in Harmony Gold Mining Company Limited (NYSE:HMY) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,715 shares of the mining company’s stock, valued at approximately $139,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Van ECK Associates Corp raised its position in shares of Harmony Gold Mining by 3.3% in the 3rd quarter. Van ECK Associates Corp now owns 68,895,088 shares of the mining company’s stock worth $700,663,000 after acquiring an additional 2,206,537 shares in the last quarter. Wellington Management Group LLP raised its holdings in Harmony Gold Mining by 76.8% in the third quarter. Wellington Management Group LLP now owns 2,676,433 shares of the mining company’s stock worth $27,219,000 after purchasing an additional 1,162,292 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Harmony Gold Mining by 111.5% during the 2nd quarter. Acadian Asset Management LLC now owns 1,853,606 shares of the mining company’s stock valued at $16,978,000 after buying an additional 977,142 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Harmony Gold Mining by 63.7% in the 2nd quarter. AQR Capital Management LLC now owns 1,567,543 shares of the mining company’s stock worth $14,374,000 after buying an additional 609,971 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Harmony Gold Mining by 27.4% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 792,263 shares of the mining company’s stock worth $8,057,000 after acquiring an additional 170,175 shares in the last quarter. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on HMY. Bank of America started coverage on shares of Harmony Gold Mining in a research note on Monday, October 21st. They set a “neutral” rating on the stock. JPMorgan Chase & Co. upped their price target on Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Finally, StockNews.com cut Harmony Gold Mining from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th.

Harmony Gold Mining Stock Down 2.1 %

NYSE:HMY opened at $8.95 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. Harmony Gold Mining Company Limited has a fifty-two week low of $5.40 and a fifty-two week high of $12.29. The firm has a 50-day simple moving average of $9.94 and a two-hundred day simple moving average of $9.68.

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.