Rhumbline Advisers Has $1.01 Million Stock Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Rhumbline Advisers boosted its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 6.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,819 shares of the mining company’s stock after buying an additional 3,877 shares during the period. Rhumbline Advisers’ holdings in Compañía de Minas Buenaventura S.A.A. were worth $1,014,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Creekmur Asset Management LLC bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the fourth quarter valued at approximately $60,000. GAMMA Investing LLC grew its position in Compañía de Minas Buenaventura S.A.A. by 16.8% in the 2nd quarter. GAMMA Investing LLC now owns 4,968 shares of the mining company’s stock valued at $84,000 after purchasing an additional 716 shares during the period. Liontrust Investment Partners LLP bought a new stake in Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at $108,000. Barometer Capital Management Inc. acquired a new position in Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth $120,000. Finally, Bayesian Capital Management LP bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the first quarter valued at $182,000.

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

BVN opened at $13.67 on Monday. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $7.73 and a 1 year high of $18.84. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 227.83 and a beta of 0.81. The firm’s fifty day moving average price is $14.11 and its two-hundred day moving average price is $15.91.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its quarterly earnings results on Tuesday, July 30th. The mining company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.06). The firm had revenue of $277.11 million for the quarter, compared to analysts’ expectations 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 quarter last year, the firm posted ($0.03) earnings per share. As a group, analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on BVN shares. Morgan Stanley decreased their target price on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating for the company in a research report on Thursday. Scotiabank decreased their price objective on 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.

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.