Harmony Gold Mining Company Limited (HMY) Reaches $2.14 After 7.00% Down Move; Ajo LP Cut By $90.78 Million Its Exelon (EXC) Stake

March 14, 2018 - By Michael Collier

The stock of Harmony Gold Mining Company Limited (NYSE:HMY) is a huge mover today! The stock decreased 2.73% or $0.06 during the last trading session, reaching $2.14. About 6.04 million shares traded or 18.55% up from the average. Harmony Gold Mining Company Limited (NYSE:HMY) has declined 31.33% since March 14, 2017 and is downtrending. It has underperformed by 48.03% the S&P500.The move comes after 9 months negative chart setup for the $938.47M company. It was reported on Mar, 14 by Barchart.com. We have $1.99 PT which if reached, will make NYSE:HMY worth $65.69M less.

Ajo Lp decreased Exelon Corp (EXC) stake by 52.8% reported in 2017Q3 SEC filing. Ajo Lp sold 2.45M shares as Exelon Corp (EXC)’s stock declined 1.46%. The Ajo Lp holds 2.19 million shares with $82.63M value, down from 4.65M last quarter. Exelon Corp now has $36.43 billion valuation. The stock increased 0.82% or $0.305 during the last trading session, reaching $37.745. About 3.07M shares traded. Exelon Corporation (NYSE:EXC) has risen 2.57% since March 14, 2017 and is uptrending. It has underperformed by 14.13% the S&P500.

Ajo Lp increased Fiat Chrysler Autos stake by 2.27 million shares to 3.42 million valued at $61.19 million in 2017Q3. It also upped Huntington Ingalls Inds (NYSE:HII) stake by 206,988 shares and now owns 256,211 shares. Jones Lang Lasalle (NYSE:JLL) was raised too.

Among 21 analysts covering Exelon Corporation (NYSE:EXC), 13 have Buy rating, 2 Sell and 6 Hold. Therefore 62% are positive. Exelon Corporation had 72 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup downgraded the shares of EXC in report on Tuesday, February 23 to “Sell” rating. The company was maintained on Tuesday, June 20 by Jefferies. As per Wednesday, April 5, the company rating was downgraded by Wells Fargo. The stock has “Neutral” rating by UBS on Thursday, October 13. The firm has “Equal-Weight” rating given on Friday, September 8 by Morgan Stanley. The rating was upgraded by SunTrust to “Buy” on Monday, September 14. The firm has “Sell” rating by Citigroup given on Friday, September 18. The company was downgraded on Monday, April 18 by Deutsche Bank. The stock of Exelon Corporation (NYSE:EXC) has “Buy” rating given on Monday, December 4 by SunTrust. Barclays Capital maintained Exelon Corporation (NYSE:EXC) rating on Wednesday, August 31. Barclays Capital has “Overweight” rating and $39 target.

Analysts await Exelon Corporation (NYSE:EXC) to report earnings on May, 2. They expect $0.94 earnings per share, up 44.62% or $0.29 from last year’s $0.65 per share. EXC’s profit will be $907.13 million for 10.04 P/E if the $0.94 EPS becomes a reality. After $0.55 actual earnings per share reported by Exelon Corporation for the previous quarter, Wall Street now forecasts 70.91% EPS growth.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.08, from 1.05 in 2017Q2. It is positive, as 48 investors sold EXC shares while 239 reduced holdings. 63 funds opened positions while 237 raised stakes. 726.69 million shares or 0.50% more from 723.10 million shares in 2017Q2 were reported. Rampart Inv Mngmt Communications Limited Co holds 0.16% of its portfolio in Exelon Corporation (NYSE:EXC) for 12,677 shares. Michigan-based Sigma Planning has invested 0.05% in Exelon Corporation (NYSE:EXC). Georgia-based Narwhal Cap has invested 0.75% in Exelon Corporation (NYSE:EXC). Usca Ria Lc holds 0.42% or 89,097 shares in its portfolio. Raymond James Tru Na stated it has 0.07% in Exelon Corporation (NYSE:EXC). Golub Grp Ltd Liability accumulated 49,455 shares. Aull Monroe Invest Mgmt reported 9,138 shares. Texas Yale Capital reported 0.03% stake. Two Sigma Securities Limited Liability Corp owns 8,084 shares. Cwm Ltd Com holds 0% in Exelon Corporation (NYSE:EXC) or 1,989 shares. Deutsche Commercial Bank Ag stated it has 5.62M shares or 0.15% of all its holdings. 1.29 million were accumulated by State Of Wisconsin Investment Board. Creative Planning accumulated 76,644 shares. Moreover, Amer Interest Inc has 0.04% invested in Exelon Corporation (NYSE:EXC). 12,591 are held by Dynamic.

Since September 25, 2017, it had 0 insider purchases, and 2 selling transactions for $23.69 million activity. $22.75M worth of stock was sold by SHATTUCK MAYO A III on Wednesday, October 25. Another trade for 25,000 shares valued at $936,000 was made by Cornew Kenneth W. on Monday, September 25.

Among 7 analysts covering Harmony Gold Mining (NYSE:HMY), 0 have Buy rating, 1 Sell and 6 Hold. Therefore 0 are positive. Harmony Gold Mining had 12 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Friday, October 13 by Deutsche Bank. The stock of Harmony Gold Mining Company Limited (NYSE:HMY) has “Hold” rating given on Friday, November 11 by HSBC. The firm earned “Sell” rating on Friday, March 17 by Deutsche Bank. Macquarie Research upgraded the shares of HMY in report on Friday, July 1 to “Neutral” rating. The stock of Harmony Gold Mining Company Limited (NYSE:HMY) earned “Neutral” rating by Bank of America on Friday, October 20. On Tuesday, March 15 the stock rating was downgraded by Macquarie Research to “Underperform”. On Thursday, August 20 the stock rating was downgraded by Zacks to “Hold”. The firm earned “Sell” rating on Wednesday, August 26 by Zacks. The firm has “Hold” rating given on Thursday, November 30 by Deutsche Bank. The rating was downgraded by Citigroup to “Sell” on Friday, November 11.

Harmony Gold Mining Company Limited engages in the exploration and mining of gold in South Africa and Papua New Guinea. The company has market cap of $938.47 million. The firm also explores for copper and silver deposits. It currently has negative earnings. It has nine underground operations; an open-pit mine; and various other surface activities in South Africa.

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