Eqis Capital Management Inc. Lowers Stock Holdings in Harmony Gold Mining Co. (NYSE:HMY)

Eqis Capital Management Inc. decreased its position in shares of Harmony Gold Mining Co. (NYSE:HMY) by 11.4% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 869,853 shares of the mining company’s stock after selling 111,736 shares during the quarter. Eqis Capital Management Inc. owned approximately 0.20% of Harmony Gold Mining worth $1,975,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. lifted its stake in shares of Harmony Gold Mining by 7.3% during the 4th quarter. BlackRock Inc. now owns 4,180,628 shares of the mining company’s stock valued at $7,483,000 after buying an additional 284,007 shares in the last quarter. Millennium Management LLC purchased a new position in shares of Harmony Gold Mining during the 4th quarter valued at $3,985,000. Deutsche Bank AG lifted its stake in shares of Harmony Gold Mining by 3,153.5% during the 4th quarter. Deutsche Bank AG now owns 2,562,617 shares of the mining company’s stock valued at $4,587,000 after buying an additional 2,483,852 shares in the last quarter. Financial Gravity Wealth Inc. purchased a new position in shares of Harmony Gold Mining during the 1st quarter valued at $52,000. Finally, Gabelli Funds LLC lifted its stake in shares of Harmony Gold Mining by 4.9% during the 1st quarter. Gabelli Funds LLC now owns 4,292,000 shares of the mining company’s stock valued at $8,155,000 after buying an additional 200,000 shares in the last quarter. Institutional investors own 34.16% of the company’s stock.

NYSE HMY traded down $0.05 on Wednesday, reaching $2.59. The company had a trading volume of 116,975 shares, compared to its average volume of 7,214,411. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.38 and a quick ratio of 0.84. The stock has a market cap of $1.16 billion, a PE ratio of 20.08 and a beta of -1.30. The stock’s 50 day moving average is $2.27. Harmony Gold Mining Co. has a 12 month low of $1.42 and a 12 month high of $2.66.

HMY has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a research note on Friday, June 28th. ValuEngine cut shares of USD Partners from a “hold” rating to a “sell” rating in a research note on Friday, June 14th.

Harmony Gold Mining Company Profile

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

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