Chipotle, Morgan Stanley Among the Afternoon’s Big Movers

Harmony Gold Mining Co. (ADR) (NYSE:HMY) is a big mover in afternoon trading, as its shares have risen by over 9% on the day. The move came on the back of an increase in gold prices. The precious metal is trading higher by around 0.1% on the COMEX today.

During the third quarter, Harmony Gold Mining Co. (ADR) (NYSE:HMY) also experienced a decrease in popularity among the funds that we track, with eight of them holding long positions at the end of September, compared to ten at the end of June. Renaissance Technologies was also the largest shareholder of Harmony Gold, with 8.19 million shares valued at $4.94 million at the end of September.

Finally, among the big movers today on the wrong side of the ledger is Morgan Stanley (NYSE:MS). Shares of the investment bank are 5% in the red in afternoon trading after analysts at Societe Generale SA downgraded the company to ‘Sell’ from ‘Hold’, while analysts at Barclays also lowered their price target on the stock to $38 from $39.

Morgan Stanley (NYSE:MS) gained popularity among the investors that we track in the third quarter. 57 funds held shares of the company on September 30, up by nine over the quarter, and they amassed 3.9% of the float. Among them, Boykin Curry‘s Eagle Capital Management was the largest shareholder, reporting a position of 16.1 million shares in its latest 13F filing.

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