The Manufacturers Life Insurance Company Sells 5,000 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

The Manufacturers Life Insurance Company lessened its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 17.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,489 shares of the mining company’s stock after selling 5,000 shares during the period. The Manufacturers Life Insurance Company’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $325,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sei Investments Co. grew its position in Compañía de Minas Buenaventura S.A.A. by 0.4% in the second quarter. Sei Investments Co. now owns 200,705 shares of the mining company’s stock valued at $3,402,000 after acquiring an additional 800 shares during the last quarter. Diversify Wealth Management LLC boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 2.4% during the third quarter. Diversify Wealth Management LLC now owns 37,092 shares of the mining company’s stock valued at $501,000 after purchasing an additional 876 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 18.7% during the third quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company’s stock valued at $82,000 after purchasing an additional 929 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 63.7% during the second quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock valued at $42,000 after purchasing an additional 1,054 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter valued at about $35,000.

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

Compañía de Minas Buenaventura S.A.A. stock opened at $12.83 on Monday. The stock’s 50 day moving average is $12.79 and its 200 day moving average is $14.30. 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 cap of $3.26 billion, a P/E ratio of 9.10 and a beta of 0.80. Compañía de Minas Buenaventura S.A.A. has a one year low of $9.71 and a one year high of $18.84.

Wall Street Analysts Forecast Growth

BVN has been the topic of a number of recent research reports. Morgan Stanley cut their price target on 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. 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 on the stock in a research note on Thursday, November 21st. Finally, StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, November 22nd.

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.