SG Americas Securities LLC Sells 24,459 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

SG Americas Securities LLC reduced its holdings in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 46.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 28,065 shares of the mining company's stock after selling 24,459 shares during the period. SG Americas Securities LLC's holdings in Harmony Gold Mining were worth $415,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HMY. American Century Companies Inc. increased its stake in shares of Harmony Gold Mining by 5.5% during the 4th quarter. American Century Companies Inc. now owns 3,312,235 shares of the mining company's stock worth $27,193,000 after purchasing an additional 171,282 shares during the last quarter. Millennium Management LLC lifted its stake in Harmony Gold Mining by 59.5% in the 4th quarter. Millennium Management LLC now owns 2,635,182 shares of the mining company's stock valued at $21,635,000 after purchasing an additional 982,740 shares during the last quarter. Mackenzie Financial Corp lifted its stake in Harmony Gold Mining by 12.0% in the 4th quarter. Mackenzie Financial Corp now owns 1,599,913 shares of the mining company's stock valued at $13,135,000 after purchasing an additional 171,136 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Harmony Gold Mining in the 4th quarter valued at approximately $11,903,000. Finally, Lazard Asset Management LLC increased its position in shares of Harmony Gold Mining by 32.1% during the fourth quarter. Lazard Asset Management LLC now owns 1,248,459 shares of the mining company's stock worth $10,249,000 after buying an additional 303,723 shares during the period. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Harmony Gold Mining Stock Performance

Shares of HMY stock opened at $14.10 on Wednesday. The firm's 50-day simple moving average is $15.26 and its two-hundred day simple moving average is $12.57. Harmony Gold Mining Company Limited has a 52 week low of $7.97 and a 52 week high of $18.77. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.84. The firm has a market cap of $8.95 billion, a price-to-earnings ratio of 8.34, a P/E/G ratio of 0.19 and a beta of 0.98.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Wall Street Zen upgraded shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th.

About Harmony Gold Mining

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company explores for uranium, silver, copper, and molybdenum deposits. It has eight underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface source operations in South Africa.

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