Commonwealth Equity Services LLC Takes Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Commonwealth Equity Services LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 20,462 shares of the mining company’s stock, valued at approximately $347,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Creekmur Asset Management LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter worth approximately $60,000. GAMMA Investing LLC grew its holdings 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 worth $84,000 after acquiring an additional 716 shares during the last quarter. Liontrust Investment Partners LLP purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter valued at about $108,000. Barometer Capital Management Inc. bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the fourth quarter valued at about $120,000. Finally, Bayesian Capital Management LP purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the first quarter worth about $182,000.

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

Shares of BVN opened at $13.50 on Tuesday. The company has a 50-day simple moving average of $14.03 and a two-hundred day simple moving average of $15.89. 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 firm has a market capitalization of $3.43 billion, a PE ratio of 225.00 and a beta of 0.81. Compañía de Minas Buenaventura S.A.A. has a one year low of $7.73 and a one year high of $18.84.

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 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.06). The firm had revenue of $277.11 million during 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 period in the previous year, the company earned ($0.03) earnings per share. On average, analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.41 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on BVN shares. Scotiabank lowered their price target 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 report on Monday, August 19th. Morgan Stanley decreased 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 report on Thursday, September 19th.

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.