Guggenheim Capital LLC Trims Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Posted by on Mar 6th, 2023

Guggenheim Capital LLC lessened its stake in Harmony Gold Mining Company Limited (NYSE:HMY – Get Rating) by 10.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 556,739 shares of the mining company’s stock after selling 64,777 shares during the period. Guggenheim Capital LLC owned 0.09% of Harmony Gold Mining worth $1,353,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Van ECK Associates Corp increased its stake in Harmony Gold Mining by 1.0% in the 3rd quarter. Van ECK Associates Corp now owns 57,636,837 shares of the mining company’s stock worth $140,057,000 after buying an additional 544,685 shares during the period. Exor Capital LLP increased its stake in Harmony Gold Mining by 6.0% in the 3rd quarter. Exor Capital LLP now owns 26,664,903 shares of the mining company’s stock worth $64,796,000 after buying an additional 1,500,000 shares during the period. Dimensional Fund Advisors LP increased its stake in Harmony Gold Mining by 16.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,880,911 shares of the mining company’s stock worth $39,649,000 after buying an additional 1,103,023 shares during the period. Russell Investments Group Ltd. grew its holdings in Harmony Gold Mining by 23.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 6,737,111 shares of the mining company’s stock worth $16,369,000 after acquiring an additional 1,285,635 shares in the last quarter. Finally, BlackRock Inc. grew its holdings in Harmony Gold Mining by 5.1% during the 1st quarter. BlackRock Inc. now owns 6,523,220 shares of the mining company’s stock worth $32,812,000 after acquiring an additional 314,993 shares in the last quarter. Hedge funds and other institutional investors own 36.50% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on HMY. HSBC cut shares of Harmony Gold Mining from a “hold” rating to a “reduce” rating in a report on Monday, January 30th. StockNews.com upgraded shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a report on Saturday.

Harmony Gold Mining Stock Up 5.5 %

NYSE:HMY opened at $3.24 on Monday. Harmony Gold Mining Company Limited has a fifty-two week low of $1.93 and a fifty-two week high of $5.50. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.94 and a current ratio of 1.52. The company’s 50-day simple moving average is $3.51 and its 200-day simple moving average is $3.13.

About Harmony Gold Mining

(Get Rating)

Harmony Gold Mining Co Ltd. engages in mining and exploration of gold. It involves building mines, open-pit operation, sales and financial management, land rehabilitation and mine closure. It operates through the following segments: Tshepong Operations, Moab Khotsong, Mponeng, Bambanani, Doornkop, Joel, Target 1, Kusasalethu, Masimong, South African Surface Operations, Mine Waste Solutions, Kalgold, and Hidden Valley.

See Also

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 Company Limited (NYSE:HMY – Get Rating).

Institutional Ownership by Quarter for Harmony Gold Mining (NYSE:HMY)

Receive News & Ratings for Harmony Gold Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harmony Gold Mining and related companies with MarketBeat.com's FREE daily email newsletter.