Banque Cantonale Vaudoise Decreases Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Banque Cantonale Vaudoise lessened its stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 62.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,087 shares of the mining company’s stock after selling 8,503 shares during the period. Banque Cantonale Vaudoise’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $81,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Van ECK Associates Corp increased its holdings in Compañía de Minas Buenaventura S.A.A. by 6.6% during the fourth quarter. Van ECK Associates Corp now owns 27,152,986 shares of the mining company’s stock worth $413,812,000 after buying an additional 1,685,253 shares during the last quarter. Citigroup Inc. increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 9.8% in the third quarter. Citigroup Inc. now owns 12,193,046 shares of the mining company’s stock worth $103,885,000 after purchasing an additional 1,083,419 shares in the last quarter. National Bank of Canada FI increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 990.5% in the fourth quarter. National Bank of Canada FI now owns 5,539,485 shares of the mining company’s stock worth $81,430,000 after purchasing an additional 5,031,505 shares in the last quarter. TSP Capital Management Group LLC increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 12.8% in the fourth quarter. TSP Capital Management Group LLC now owns 1,300,326 shares of the mining company’s stock worth $19,817,000 after purchasing an additional 147,900 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 219.0% in the third quarter. American Century Companies Inc. now owns 1,284,784 shares of the mining company’s stock worth $10,946,000 after purchasing an additional 881,969 shares in the last quarter.

Wall Street Analysts Forecast Growth

BVN has been the subject of several recent research reports. Morgan Stanley upgraded shares of Compañía de Minas Buenaventura S.A.A. from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $19.00 to $21.00 in a research note on Friday. Scotiabank lifted their target price on shares of Compañía de Minas Buenaventura S.A.A. from $15.00 to $16.00 and gave the stock a “sector underperform” rating in a research note on Thursday, May 23rd. Finally, StockNews.com raised shares of Compañía de Minas Buenaventura S.A.A. from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st.

Compañía de Minas Buenaventura S.A.A. Stock Performance

Shares of NYSE:BVN opened at $17.47 on Tuesday. The company has a 50 day moving average of $17.14 and a 200 day moving average of $15.86. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $7.06 and a 12 month high of $18.84. The company has a quick ratio of 1.14, a current ratio of 1.32 and a debt-to-equity ratio of 0.21.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued its quarterly earnings data on Monday, April 29th. The mining company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.11 by $0.13. Compañía de Minas Buenaventura S.A.A. had a net margin of 1.91% and a return on equity of 0.76%. The company had revenue of $246.80 million during the quarter, compared to analysts’ expectations of $171.25 million. On average, sell-side analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1 EPS for the current fiscal year.

Compañía de Minas Buenaventura S.A.A. Cuts Dividend

The business also recently announced a semi-annual dividend, which was paid on Friday, May 10th. Shareholders of record on Thursday, April 18th were given a dividend of $0.0726 per share. The ex-dividend date of this dividend was Wednesday, April 17th. This represents a yield of 0.5%. Compañía de Minas Buenaventura S.A.A.’s payout ratio is presently 116.69%.

Compañía de Minas Buenaventura S.A.A. Profile

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region.