Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Sold by Legal & General Group Plc

Legal & General Group Plc reduced its position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 33.9% in the 4th quarter, HoldingsChannel reports. The firm owned 1,098,977 shares of the mining company’s stock after selling 563,330 shares during the period. Legal & General Group Plc’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $12,660,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 245.4% during the 3rd quarter. FMR LLC now owns 17,552 shares of the mining company’s stock worth $243,000 after purchasing an additional 12,471 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 132.7% during the third quarter. BNP Paribas Financial Markets now owns 9,168 shares of the mining company’s stock worth $127,000 after buying an additional 5,229 shares in the last quarter. HighTower Advisors LLC acquired a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter worth about $341,000. Public Employees Retirement System of Ohio purchased a new position in Compañía de Minas Buenaventura S.A.A. in the third quarter valued at about $148,000. Finally, Barclays PLC lifted its position in shares of Compañía de Minas Buenaventura S.A.A. by 37.2% during 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 period.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Scotiabank upped their price target on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the stock a “sector perform” rating in a report on Monday. StockNews.com downgraded Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a research report on Monday, February 24th.

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

NYSE:BVN opened at $14.98 on Thursday. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $3.80 billion, a P/E ratio of 10.62 and a beta of 0.37. The firm has a 50-day moving average price of $14.02 and a two-hundred day moving average price of $13.20. Compañía de Minas Buenaventura S.A.A. has a twelve month low of $11.50 and a twelve month high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates 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, research analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

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

The business also recently disclosed a semi-annual dividend, which will be paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th will be given a $0.2922 dividend. This is an increase from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07. This represents a dividend yield of 0.5%. The ex-dividend date is Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.’s dividend payout ratio is currently 22.15%.

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.