Cubist Systematic Strategies LLC Invests $201,000 in Harmony Gold Mining Co. (HMY) Stock

Cubist Systematic Strategies LLC acquired a new position in shares of Harmony Gold Mining Co. (NYSE:HMY) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 110,075 shares of the mining company’s stock, valued at approximately $201,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Cetera Investment Advisers bought a new position in shares of Harmony Gold Mining in the second quarter worth $103,000. BNP Paribas Arbitrage SA grew its stake in shares of Harmony Gold Mining by 84.9% in the third quarter. BNP Paribas Arbitrage SA now owns 61,810 shares of the mining company’s stock worth $113,000 after purchasing an additional 28,381 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Harmony Gold Mining in the second quarter worth $128,000. SignalPoint Asset Management LLC bought a new position in shares of Harmony Gold Mining in the third quarter worth $151,000. Finally, First Trust Advisors LP grew its stake in shares of Harmony Gold Mining by 111.4% in the third quarter. First Trust Advisors LP now owns 87,826 shares of the mining company’s stock worth $161,000 after purchasing an additional 46,272 shares in the last quarter. Hedge funds and other institutional investors own 24.90% of the company’s stock.

Shares of Harmony Gold Mining Co. (NYSE HMY) opened at $1.78 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.28 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $790.19, a price-to-earnings ratio of 35.60 and a beta of -1.98. Harmony Gold Mining Co. has a twelve month low of $1.56 and a twelve month high of $2.99.

Several research analysts have recently issued reports on the company. Deutsche Bank cut Harmony Gold Mining from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. ValuEngine raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Bank of America cut Harmony Gold Mining from a “buy” rating to a “neutral” rating in a research note on Friday, October 20th. Finally, Zacks Investment Research raised Harmony Gold Mining from a “sell” rating to a “hold” rating in a research note on Tuesday, December 19th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold”.

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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.

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

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