DGS Capital Management LLC Buys Shares of 13,715 Harmony Gold Mining Company Limited (NYSE:HMY)

DGS Capital Management LLC purchased a new stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 13,715 shares of the mining company’s stock, valued at approximately $139,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of HMY. Consolidated Portfolio Review Corp bought a new position in Harmony Gold Mining in the third quarter valued at about $1,187,000. Thrivent Financial for Lutherans purchased a new stake in shares of Harmony Gold Mining during the 2nd quarter valued at about $1,141,000. Diversified Trust Co bought a new position in shares of Harmony Gold Mining in the 2nd quarter worth approximately $93,000. Ritholtz Wealth Management boosted its holdings in shares of Harmony Gold Mining by 44.1% in the third quarter. Ritholtz Wealth Management now owns 173,879 shares of the mining company’s stock worth $1,768,000 after buying an additional 53,244 shares during the last quarter. Finally, Bridgewater Associates LP grew its position in Harmony Gold Mining by 34.6% during the third quarter. Bridgewater Associates LP now owns 403,178 shares of the mining company’s stock valued at $4,100,000 after buying an additional 103,608 shares during the period. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Harmony Gold Mining Stock Performance

Shares of NYSE:HMY opened at $8.95 on Friday. Harmony Gold Mining Company Limited has a 1-year low of $5.40 and a 1-year high of $12.29. The firm’s 50 day simple moving average is $9.94 and its two-hundred day simple moving average is $9.68. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04.

Analysts Set New Price Targets

Several research analysts have weighed in on HMY shares. StockNews.com downgraded shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. Bank of America started coverage on Harmony Gold Mining in a report on Monday, October 21st. They issued a “neutral” rating on the stock. Finally, JPMorgan Chase & Co. boosted their price target on Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a report on Tuesday, November 12th.

About Harmony Gold Mining

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.