Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Purchased by Rhumbline Advisers

Rhumbline Advisers grew its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 9.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 87,778 shares of the mining company’s stock after acquiring an additional 7,454 shares during the quarter. Rhumbline Advisers’ holdings in Compañía de Minas Buenaventura S.A.A. were worth $1,011,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Point72 Hong Kong Ltd bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the third quarter valued at about $56,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Compañía de Minas Buenaventura S.A.A. by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company’s stock valued at $58,000 after buying an additional 1,389 shares during the period. R Squared Ltd bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth about $74,000. GAMMA Investing LLC lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 64.8% in the 4th quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company’s stock worth $112,000 after acquiring an additional 3,820 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in Compañía de Minas Buenaventura S.A.A. by 132.7% in the third quarter. BNP Paribas Financial Markets now owns 9,168 shares of the mining company’s stock worth $127,000 after purchasing an additional 5,229 shares during the period.

Wall Street Analyst Weigh In

Several brokerages have commented on BVN. Scotiabank upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target on the stock in a research report on Thursday, November 21st. StockNews.com cut shares of Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a research note on Monday, February 24th.

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

BVN opened at $13.54 on Friday. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. The firm has a market cap of $3.43 billion, a PE ratio of 9.60 and a beta of 0.76. The business has a fifty day simple moving average of $12.76 and a 200-day simple moving average of $12.86. Compañía de Minas Buenaventura S.A.A. has a fifty-two week low of $11.50 and a fifty-two week high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). The company had revenue of $299.59 million during the quarter, compared to analyst estimates of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. As a group, equities analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

Compañía de Minas Buenaventura S.A.A. Company 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.