61,916 Shares in Harmony Gold Mining Company Limited $HMY Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans acquired a new stake in Harmony Gold Mining Company Limited (NYSE:HMY) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 61,916 shares of the mining company’s stock, valued at approximately $1,123,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Colonial Trust Advisors acquired a new stake in shares of Harmony Gold Mining in the second quarter valued at approximately $26,000. Farther Finance Advisors LLC grew its holdings in Harmony Gold Mining by 181.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,773 shares of the mining company’s stock valued at $50,000 after buying an additional 1,789 shares during the last quarter. First Horizon Advisors Inc. purchased a new position in Harmony Gold Mining during the second quarter worth $55,000. Hantz Financial Services Inc. raised its holdings in shares of Harmony Gold Mining by 533.8% in the second quarter. Hantz Financial Services Inc. now owns 4,449 shares of the mining company’s stock worth $62,000 after acquiring an additional 3,747 shares during the last quarter. Finally, Bayforest Capital Ltd raised its holdings in shares of Harmony Gold Mining by 973.7% in the third quarter. Bayforest Capital Ltd now owns 4,778 shares of the mining company’s stock worth $87,000 after acquiring an additional 4,333 shares during the last quarter. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Stock Up 6.6%

Shares of NYSE HMY opened at $21.01 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.72 and a quick ratio of 1.41. The firm has a fifty day moving average of $21.29 and a 200-day moving average of $18.35. Harmony Gold Mining Company Limited has a 52-week low of $9.69 and a 52-week high of $26.06.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on HMY shares. Zacks Research cut Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 16th. Wall Street Zen raised shares of Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Harmony Gold Mining in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Harmony Gold Mining presently has an average rating of “Moderate Buy” and a consensus target price of $16.00.

Harmony Gold Mining Company Profile

Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.

In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.