Canada Pension Plan Investment Board Invests $25.97 Million in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Canada Pension Plan Investment Board bought a new position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,254,353 shares of the mining company's stock, valued at approximately $25,970,000. Canada Pension Plan Investment Board owned about 0.89% of Compañía de Minas Buenaventura S.A.A. as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. SBI Securities Co. Ltd. acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter worth about $50,000. Mirae Asset Global Investments Co. Ltd. boosted 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 worth $58,000 after purchasing an additional 1,389 shares during the period. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth approximately $63,000. R Squared Ltd acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at $74,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 64.8% in the fourth 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 in the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. StockNews.com downgraded Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a report on Monday, February 24th. Scotiabank boosted their price target 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 report on Monday, April 14th.

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

Shares of NYSE BVN traded down $0.57 during mid-day trading on Friday, hitting $14.43. The company had a trading volume of 335,850 shares, compared to its average volume of 1,171,793. 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 firm has a market cap of $3.66 billion, a P/E ratio of 10.24 and a beta of 0.37. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $11.50 and a 12 month high of $18.84. The business's 50-day simple moving average is $14.18 and its 200-day simple moving average is $13.23.

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 (EPS) 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 firm had revenue of $299.59 million for the quarter, compared to the consensus estimate of $315.77 million. As a group, analysts predict 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 declared a semi-annual dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 16th will be given a dividend of $0.2922 per share. 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. This represents a yield of 0.5%. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio is 17.72%.

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.