Harmony Gold Mining Company Limited (NYSE:HMY) Stake Decreased by AQR Capital Management LLC

AQR Capital Management LLC lowered its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 55.0% during the first quarter, Holdings Channel reports. The fund owned 419,304 shares of the mining company’s stock after selling 512,870 shares during the period. AQR Capital Management LLC’s holdings in Harmony Gold Mining Company Limited were worth $1,027,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Two Sigma Securities LLC raised its position in shares of Harmony Gold Mining Company Limited by 339.9% in the first quarter. Two Sigma Securities LLC now owns 79,208 shares of the mining company’s stock valued at $194,000 after buying an additional 61,202 shares during the last quarter. Bank of America Corp DE raised its position in shares of Harmony Gold Mining Company Limited by 59.2% in the first quarter. Bank of America Corp DE now owns 315,984 shares of the mining company’s stock valued at $774,000 after buying an additional 117,561 shares during the last quarter. Dynamic Capital Management Ltd acquired a new position in shares of Harmony Gold Mining Company Limited during the first quarter valued at approximately $199,000. UBS Group AG raised its position in shares of Harmony Gold Mining Company Limited by 367.4% in the first quarter. UBS Group AG now owns 992,720 shares of the mining company’s stock valued at $2,432,000 after buying an additional 780,348 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Harmony Gold Mining Company Limited by 24.7% in the first quarter. Van ECK Associates Corp now owns 76,080,435 shares of the mining company’s stock valued at $186,397,000 after buying an additional 15,081,214 shares during the last quarter. 31.68% of the stock is owned by institutional investors.

Harmony Gold Mining Company Limited (NYSE:HMY) traded up 3.59% during mid-day trading on Tuesday, reaching $1.73. The company had a trading volume of 551,442 shares. Harmony Gold Mining Company Limited has a 1-year low of $1.56 and a 1-year high of $4.79. The firm has a 50-day moving average of $1.70 and a 200 day moving average of $2.22. The company has a market capitalization of $756.53 million, a PE ratio of 3.53 and a beta of -1.95.

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Several brokerages have recently commented on HMY. BidaskClub raised Harmony Gold Mining Company Limited from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. ValuEngine lowered Harmony Gold Mining Company Limited from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Zacks Investment Research lowered Harmony Gold Mining Company Limited from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Four analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $2.50.

About Harmony Gold Mining Company Limited

Harmony Gold Mining Company Limited, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company’s segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, and Unisel.

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Institutional Ownership by Quarter for Harmony Gold Mining Company Limited (NYSE:HMY)

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