Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Purchased by Mariner LLC

Mariner LLC raised its stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 36.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,626 shares of the mining company’s stock after purchasing an additional 14,468 shares during the period. Mariner LLC’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $618,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Barclays PLC increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 37.2% in the 3rd quarter. Barclays PLC now owns 161,288 shares of the mining company’s stock valued at $2,232,000 after acquiring an additional 43,692 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 212.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company’s stock valued at $23,501,000 after acquiring an additional 1,153,819 shares during the period. GAMMA Investing LLC boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 64.8% during the fourth quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company’s stock worth $112,000 after buying an additional 3,820 shares during the period. SG Americas Securities LLC grew its stake in shares of Compañía de Minas Buenaventura S.A.A. by 7.7% in the 4th quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company’s stock valued at $249,000 after purchasing an additional 1,543 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in Compañía de Minas Buenaventura S.A.A. by 20.9% in the 4th quarter. Blue Trust Inc. now owns 55,843 shares of the mining company’s stock valued at $643,000 after buying an additional 9,666 shares during the period.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Scotiabank increased their price target on shares of Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a “sector perform” rating in a report on Monday, April 14th. StockNews.com cut shares of Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a research note on Monday, February 24th.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.6 %

BVN opened at $14.09 on Thursday. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $11.50 and a 52 week high of $18.84. The firm has a market cap of $3.57 billion, a P/E ratio of 9.99 and a beta of 0.37. The business’s fifty day simple moving average is $14.28 and its 200 day simple moving average is $13.25. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. The business had revenue of $299.59 million for the quarter, compared to analysts’ expectations of $315.77 million. As a group, equities research analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

Compañía de Minas Buenaventura S.A.A. Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Monday, May 12th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.2922 per share. The ex-dividend date is Wednesday, April 16th. This is a positive change from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07. This represents a yield of 0.5%. Compañía de Minas Buenaventura S.A.A.’s dividend payout ratio is currently 17.72%.

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.