Headlands Technologies LLC Invests $80,000 in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Headlands Technologies LLC acquired a new stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,714 shares of the mining company’s stock, valued at approximately $80,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BVN. GAMMA Investing LLC increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 16.8% during the second quarter. GAMMA Investing LLC now owns 4,968 shares of the mining company’s stock worth $84,000 after buying an additional 716 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth about $35,000. Quadrant Capital Group LLC increased its holdings in Compañía de Minas Buenaventura S.A.A. by 20.4% in the 4th quarter. Quadrant Capital Group LLC now owns 13,472 shares of the mining company’s stock worth $205,000 after purchasing an additional 2,281 shares in the last quarter. Rhumbline Advisers raised its position in Compañía de Minas Buenaventura S.A.A. by 6.9% in the second quarter. Rhumbline Advisers now owns 59,819 shares of the mining company’s stock valued at $1,014,000 after purchasing an additional 3,877 shares during the last quarter. Finally, Creekmur Asset Management LLC acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the fourth quarter valued at about $60,000.

Compañía de Minas Buenaventura S.A.A. Trading Down 1.2 %

NYSE BVN opened at $13.37 on Tuesday. The firm has a market capitalization of $3.40 billion, a PE ratio of 222.83 and a beta of 0.81. The business’s 50-day moving average price is $14.39 and its two-hundred day moving average price is $15.97. The company has a current ratio of 1.40, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $7.73 and a 12 month high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last posted its quarterly earnings data on Tuesday, July 30th. The mining company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). The company had revenue of $277.11 million during the quarter, compared to analyst estimates of $252.21 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 3.17% and a net margin of 9.54%. During the same period in the prior year, the firm earned ($0.03) earnings per share. On average, analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.41 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on BVN shares. Scotiabank dropped their price objective on shares of Compañía de Minas Buenaventura S.A.A. from $16.00 to $15.00 and set a “sector underperform” rating for the company in a report on Monday, August 19th. Morgan Stanley raised shares of Compañía de Minas Buenaventura S.A.A. from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $19.00 to $21.00 in a research note on Friday, June 21st.

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.