Alps Advisors Inc. trimmed its holdings in Harmony Gold Mining Co. (NYSE:HMY) by 27.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,360,279 shares of the mining company’s stock after selling 914,033 shares during the quarter. Alps Advisors Inc.’s holdings in Harmony Gold Mining were worth $4,414,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. U S Global Investors Inc. grew its holdings in Harmony Gold Mining by 14.3% in the 3rd quarter. U S Global Investors Inc. now owns 476,500 shares of the mining company’s stock worth $871,000 after buying an additional 59,608 shares in the last quarter. Allianz Asset Management GmbH bought a new position in Harmony Gold Mining in the 3rd quarter worth approximately $1,353,000. HighTower Advisors LLC bought a new position in Harmony Gold Mining in the 2nd quarter worth approximately $245,000. Wells Fargo & Company MN grew its holdings in Harmony Gold Mining by 39.8% in the 2nd quarter. Wells Fargo & Company MN now owns 520,689 shares of the mining company’s stock worth $859,000 after buying an additional 148,294 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Harmony Gold Mining by 419.9% in the 3rd quarter. Jane Street Group LLC now owns 1,612,863 shares of the mining company’s stock worth $2,952,000 after buying an additional 1,302,658 shares in the last quarter. 24.57% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Co. (NYSE HMY) opened at $1.72 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.99 and a current ratio of 1.28. The stock has a market capitalization of $732.48, a price-to-earnings ratio of 34.40 and a beta of -1.77. Harmony Gold Mining Co. has a one year low of $1.56 and a one year high of $2.99.

A number of brokerages recently issued reports on HMY. Zacks Investment Research raised Harmony Gold Mining from a “sell” rating to a “hold” rating in a research note on Wednesday. ValuEngine raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Deutsche Bank raised Harmony Gold Mining from a “sell” rating to a “hold” rating in a research note on Thursday, November 30th. Finally, Bank of America lowered Harmony Gold Mining from a “buy” rating to a “neutral” rating in a research note on Friday, October 20th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Harmony Gold Mining presently has an average rating of “Hold”.

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Harmony Gold Mining Company Profile

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, Unisel and Target 3.

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

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