UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 17,637 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 34.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,308 shares of the mining company's stock after selling 17,637 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in Harmony Gold Mining were worth $282,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. American Century Companies Inc. lifted its position in Harmony Gold Mining by 5.5% in the fourth quarter. American Century Companies Inc. now owns 3,312,235 shares of the mining company's stock valued at $27,193,000 after purchasing an additional 171,282 shares during the last quarter. Millennium Management LLC raised its holdings in Harmony Gold Mining by 59.5% during the 4th quarter. Millennium Management LLC now owns 2,635,182 shares of the mining company's stock valued at $21,635,000 after buying an additional 982,740 shares during the last quarter. ABC Arbitrage SA bought a new stake in Harmony Gold Mining during the 4th quarter valued at $20,229,000. Renaissance Technologies LLC purchased a new stake in Harmony Gold Mining during the 4th quarter valued at $11,903,000. Finally, Lazard Asset Management LLC grew its holdings in Harmony Gold Mining by 32.1% in the 4th quarter. Lazard Asset Management LLC now owns 1,248,459 shares of the mining company's stock worth $10,249,000 after acquiring an additional 303,723 shares during the last quarter. 31.79% of the stock is currently owned by institutional investors.

Harmony Gold Mining Trading Down 2.3%

NYSE:HMY traded down $0.35 during trading hours on Monday, hitting $14.67. The company had a trading volume of 4,329,375 shares, compared to its average volume of 5,426,411. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. The stock has a 50-day moving average price of $15.49 and a 200 day moving average price of $12.37. The company has a market capitalization of $9.31 billion, a PE ratio of 8.68, a price-to-earnings-growth ratio of 0.63 and a beta of 0.98. Harmony Gold Mining Company Limited has a 52 week low of $7.97 and a 52 week high of $18.77.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HMY. 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 raised Harmony Gold Mining from a "hold" rating to a "buy" rating in a research report on Friday, March 7th.

Harmony Gold Mining Profile

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.