55,809 Shares in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Purchased by Lbp Am Sa

LBP AM SA acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 55,809 shares of the mining company's stock, valued at approximately $643,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Sagil Capital LLP purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the third quarter worth $16,989,000. JPMorgan Chase & Co. lifted its stake in Compañía de Minas Buenaventura S.A.A. by 212.0% in the third quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company's stock worth $23,501,000 after acquiring an additional 1,153,819 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Compañía de Minas Buenaventura S.A.A. by 203.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,243,163 shares of the mining company's stock worth $17,205,000 after acquiring an additional 833,819 shares during the period. Jane Street Group LLC lifted its position in Compañía de Minas Buenaventura S.A.A. by 35.9% during the third quarter. Jane Street Group LLC now owns 958,956 shares of the mining company's stock valued at $13,272,000 after buying an additional 253,421 shares during the period. Finally, Quantbot Technologies LP lifted its position in Compañía de Minas Buenaventura S.A.A. by 1,666.8% during the third quarter. Quantbot Technologies LP now owns 117,176 shares of the mining company's stock valued at $1,622,000 after buying an additional 110,544 shares during the period.

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Analysts Set New Price Targets

Several equities analysts have commented on BVN shares. StockNews.com lowered Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a research report on Monday, February 24th. 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 objective for the company in a research report on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. Stock Up 1.0 %

Shares of NYSE:BVN traded up $0.16 on Thursday, hitting $15.55. 619,164 shares of the company traded hands, compared to its average volume of 1,186,049. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $11.50 and a 52 week high of $18.84. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. The stock has a 50 day simple moving average of $13.20 and a 200-day simple moving average of $12.94. The company has a market cap of $3.94 billion, a PE ratio of 11.02 and a beta of 0.76.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last issued its quarterly 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 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 the consensus estimate 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 year.

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.