SG Americas Securities LLC Has $278,000 Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

SG Americas Securities LLC reduced its position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 17.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,057 shares of the mining company’s stock after selling 4,336 shares during the period. SG Americas Securities LLC’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $278,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of BVN. Atlas Capital Advisors LLC boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 4,608.2% during the first quarter. Atlas Capital Advisors LLC now owns 27,637 shares of the mining company’s stock worth $439,000 after buying an additional 27,050 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 5.8% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 367,011 shares of the mining company’s stock worth $5,828,000 after buying an additional 20,000 shares during the period. Van ECK Associates Corp boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 18.1% during the first quarter. Van ECK Associates Corp now owns 32,065,440 shares of the mining company’s stock worth $509,199,000 after buying an additional 4,912,454 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 20.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,749,782 shares of the mining company’s stock worth $91,307,000 after buying an additional 982,785 shares during the period. Finally, Tobam acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. during the first quarter worth about $1,250,000.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Scotiabank reduced 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 reduced their price target 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 report on Thursday, September 19th.

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

Shares of NYSE BVN opened at $13.70 on Monday. The stock has a 50 day moving average price of $13.36 and a 200 day moving average price of $15.51. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $7.73 and a 52 week high of $18.84. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40. The stock has a market capitalization of $3.48 billion, a PE ratio of 228.33 and a beta of 0.82.

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 company had revenue of $277.11 million for the quarter, compared to analyst estimates of $252.21 million. During the same period last year, the company posted ($0.03) earnings per share. Analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.23 earnings per share for the current fiscal year.

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.