Dimensional Fund Advisors LP Has $24.44 Million Stake in Harmony Gold Mining Co. (HMY)

Dimensional Fund Advisors LP decreased its position in Harmony Gold Mining Co. (NYSE:HMY) by 1.0% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 9,979,218 shares of the mining company’s stock after selling 100,775 shares during the period. Dimensional Fund Advisors LP owned about 2.28% of Harmony Gold Mining worth $24,438,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HMY. Two Sigma Investments LP purchased a new stake in shares of Harmony Gold Mining during the fourth quarter valued at $108,000. UBS Asset Management Americas Inc. raised its position in Harmony Gold Mining by 35.2% in the fourth quarter. UBS Asset Management Americas Inc. now owns 502,054 shares of the mining company’s stock valued at $1,110,000 after buying an additional 130,812 shares during the period. Creative Planning raised its position in Harmony Gold Mining by 1.0% in the first quarter. Creative Planning now owns 253,689 shares of the mining company’s stock valued at $622,000 after buying an additional 2,521 shares during the period. Sigma Planning Corp bought a new position in Harmony Gold Mining during the first quarter valued at approximately $375,000. Finally, Wells Fargo & Company MN raised its position in Harmony Gold Mining by 10.6% in the first quarter. Wells Fargo & Company MN now owns 372,395 shares of the mining company’s stock valued at $912,000 after buying an additional 35,618 shares during the period. Institutional investors and hedge funds own 31.83% of the company’s stock.

Harmony Gold Mining Co. (NYSE:HMY) traded up 5.899% during midday trading on Friday, reaching $1.885. 2,748,094 shares of the company’s stock were exchanged. Harmony Gold Mining Co. has a 52 week low of $1.56 and a 52 week high of $4.14. The firm has a 50-day moving average price of $1.72 and a 200 day moving average price of $2.16. The company has a market cap of $824.31 million, a price-to-earnings ratio of 3.911 and a beta of -1.95.

A number of equities analysts recently issued reports on the company. BidaskClub downgraded Harmony Gold Mining from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Zacks Investment Research downgraded Harmony Gold Mining from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. ValuEngine downgraded Harmony Gold Mining from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Deutsche Bank AG upgraded Harmony Gold Mining from a “sell” rating to a “hold” rating in a research report on Friday. Four equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $2.50.

Harmony Gold Mining Company Profile

Harmony Gold Mining Company Limited, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company’s segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, Unisel and Target 3.