Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Sold by American Century Companies Inc.

American Century Companies Inc. decreased its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 14.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 908,932 shares of the mining company’s stock after selling 158,927 shares during the quarter. American Century Companies Inc. owned about 0.36% of Compañía de Minas Buenaventura S.A.A. worth $15,406,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth $35,000. Creekmur Asset Management LLC purchased a new position in Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth about $60,000. Headlands Technologies LLC acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter valued at about $80,000. GAMMA Investing LLC raised its stake in shares of 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 acquiring an additional 716 shares during the period. Finally, Liontrust Investment Partners LLP acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth approximately $108,000.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Morgan Stanley lowered their price objective 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 dropped 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 research note on Monday, August 19th.

Compañía de Minas Buenaventura S.A.A. Stock Up 0.1 %

Shares of BVN opened at $13.63 on Friday. The company’s 50-day simple moving average is $14.18 and its 200-day simple moving average is $15.92. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $7.73 and a 1 year high of $18.84. The stock has a market capitalization of $3.46 billion, a PE ratio of 227.50 and a beta of 0.81.

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

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.