Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Sold by Amundi

Amundi trimmed its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 9.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,086,138 shares of the mining company's stock after selling 113,193 shares during the period. Amundi owned approximately 0.43% of Compañía de Minas Buenaventura S.A.A. worth $13,707,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at about $50,000. Barclays PLC increased its stake in Compañía de Minas Buenaventura S.A.A. by 37.2% during the third quarter. Barclays PLC now owns 161,288 shares of the mining company's stock worth $2,232,000 after acquiring an additional 43,692 shares during the last quarter. JPMorgan Chase & Co. lifted its position 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 buying an additional 1,153,819 shares during the last quarter. Weiss Asset Management LP purchased a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter worth $1,367,000. Finally, Sanctuary Advisors LLC bought a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter valued at $153,000.

Compañía de Minas Buenaventura S.A.A. Stock Up 1.3 %

Shares of BVN stock traded up $0.21 during trading hours on Tuesday, reaching $15.60. 1,997,085 shares of the company's stock were exchanged, compared to its average volume of 1,201,537. The stock's 50 day moving average is $13.08 and its 200-day moving average is $12.90. The company has a market cap of $3.96 billion, a price-to-earnings ratio of 11.06 and a beta of 0.76. Compañía de Minas Buenaventura S.A.A. has a fifty-two week low of $11.50 and a fifty-two week high of $18.84. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07.

Remove Ads

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last announced 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 return on equity of 6.15% and a net margin of 32.40%. The company had revenue of $299.59 million for the quarter, compared to analyst estimates of $315.77 million. Analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on BVN shares. Scotiabank upgraded shares of Compañía de Minas Buenaventura S.A.A. from a "sector underperform" rating to a "sector perform" rating and set a $15.00 target price for the company in a report on Thursday, November 21st. StockNews.com downgraded 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.

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.