Connor Clark & Lunn Investment Management Ltd. Trims Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Connor Clark & Lunn Investment Management Ltd. reduced its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 75.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 10,585 shares of the mining company’s stock after selling 32,221 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $146,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC grew its position in shares of Compañía de Minas Buenaventura S.A.A. by 189.8% in the first quarter. Jane Street Group LLC now owns 346,379 shares of the mining company’s stock valued at $5,500,000 after purchasing an additional 732,158 shares during the period. Dorsey Wright & Associates acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at about $2,590,000. Acadian Asset Management LLC lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 65.2% during the 2nd quarter. Acadian Asset Management LLC now owns 326,206 shares of the mining company’s stock worth $5,527,000 after acquiring an additional 128,736 shares during the period. Millennium Management LLC boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 104.4% in the second quarter. Millennium Management LLC now owns 214,796 shares of the mining company’s stock worth $3,641,000 after acquiring an additional 109,709 shares during the last quarter. Finally, Csenge Advisory Group boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 266.9% in the second quarter. Csenge Advisory Group now owns 126,300 shares of the mining company’s stock worth $2,141,000 after acquiring an additional 91,881 shares during the last quarter.

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

BVN opened at $12.10 on Monday. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $8.86 and a 52-week high of $18.84. The company has a 50 day moving average of $13.06 and a two-hundred day moving average of $14.68. The company has a market cap of $3.07 billion, a P/E ratio of 8.58 and a beta of 0.83. The company has a quick ratio of 1.17, a current ratio of 1.40 and a debt-to-equity ratio of 0.20.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on BVN shares. Morgan Stanley cut their price target on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, September 19th. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research report on Friday, November 22nd. Finally, Scotiabank raised Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target for the company in a research report on Thursday, November 21st.

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.