American Century Companies Inc. Has $6.11 Million Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

American Century Companies Inc. cut its stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 529,958 shares of the mining company's stock after selling 29,907 shares during the quarter. American Century Companies Inc. owned approximately 0.21% of Compañía de Minas Buenaventura S.A.A. worth $6,105,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. SBI Securities Co. Ltd. bought a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $50,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company's stock worth $58,000 after acquiring an additional 1,389 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter worth about $63,000. R Squared Ltd bought a new stake in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at about $74,000. Finally, GAMMA Investing LLC boosted its stake in Compañía de Minas Buenaventura S.A.A. by 64.8% during the 4th quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company's stock valued at $112,000 after purchasing an additional 3,820 shares during the period.

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

Shares of NYSE:BVN traded up $1.02 on Wednesday, hitting $13.96. The company's stock had a trading volume of 1,811,915 shares, compared to its average volume of 1,195,357. The company has a market capitalization of $3.54 billion, a price-to-earnings ratio of 9.90 and a beta of 0.37. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $11.50 and a 12 month high of $18.84. The stock's 50-day moving average is $13.85 and its two-hundred day moving average is $13.17.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). The company had revenue of $299.59 million for the quarter, compared to the consensus estimate of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. On average, equities research analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

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

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

Wall Street Analyst Weigh In

Separately, StockNews.com cut Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a report on Monday, February 24th.

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.