Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 1,534.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 149,876 shares of the mining company’s stock after acquiring an additional 140,708 shares during the quarter. BNP Paribas Financial Markets’ holdings in Compañía de Minas Buenaventura S.A.A. were worth $1,727,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at $50,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Compañía de Minas Buenaventura S.A.A. by 41.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company’s stock valued at $58,000 after purchasing an additional 1,389 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at about $63,000. R Squared Ltd acquired a new position in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at about $74,000. Finally, Sequoia Financial Advisors LLC raised its stake in Compañía de Minas Buenaventura S.A.A. by 8.6% in the 4th quarter. Sequoia Financial Advisors LLC now owns 10,977 shares of the mining company’s stock valued at $126,000 after purchasing an additional 867 shares during the last quarter.

Compañía de Minas Buenaventura S.A.A. Trading Down 0.1%

NYSE BVN opened at $14.48 on Friday. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $11.50 and a 12 month high of $18.84. The company has a 50-day moving average of $14.65 and a 200-day moving average of $13.35. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. The company has a market cap of $3.67 billion, a P/E ratio of 10.27 and a beta of 0.42.

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

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

The company also recently announced a semi-annual dividend, which was paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th were issued a dividend of $0.2922 per share. The ex-dividend date was Wednesday, April 16th. This represents a dividend yield of 0.5%. This is a boost from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07. Compañía de Minas Buenaventura S.A.A.’s payout ratio is presently 14.81%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. StockNews.com raised shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Thursday, May 1st. Scotiabank boosted their target price 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 research note on Monday, April 14th.

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.