Stifel Financial Corp Reduces Stock Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Stifel Financial Corp cut its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 7.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,787 shares of the mining company’s stock after selling 2,335 shares during the quarter. Stifel Financial Corp’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $385,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new stake in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at about $35,000. EverSource Wealth Advisors LLC grew its stake in Compañía de Minas Buenaventura S.A.A. by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock valued at $42,000 after buying an additional 1,054 shares in the last quarter. Employees Retirement System of Texas purchased a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at approximately $47,000. Point72 Hong Kong Ltd bought a new stake in Compañía de Minas Buenaventura S.A.A. during the 3rd quarter valued at $56,000. Finally, Headlands Technologies LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter valued at $80,000.

Analyst Ratings Changes

Several research analysts have commented on BVN shares. Morgan Stanley cut their target price on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, September 19th. StockNews.com raised shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Friday. Finally, Scotiabank upgraded Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 target price on the stock in a research note on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.3 %

BVN opened at $12.26 on Friday. The stock has a market cap of $3.11 billion, a PE ratio of 8.70 and a beta of 0.80. The business’s fifty day simple moving average is $12.60 and its 200 day simple moving average is $14.00. The company has a quick ratio of 1.17, a current ratio of 1.40 and a debt-to-equity ratio of 0.20. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $11.61 and a 52 week high of $18.84.

About Compañía de Minas Buenaventura S.A.A.

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.