Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 212.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,698,044 shares of the mining company's stock after acquiring an additional 1,153,819 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.67% of Compañía de Minas Buenaventura S.A.A. worth $23,501,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Compañía de Minas Buenaventura S.A.A. by 203.7% during the 3rd 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 valued at $17,205,000 after acquiring an additional 833,819 shares in the last quarter. Sagil Capital LLP purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the third quarter valued at approximately $16,989,000. Geode Capital Management LLC grew its position in shares of Compañía de Minas Buenaventura S.A.A. by 2.2% in the third quarter. Geode Capital Management LLC now owns 964,014 shares of the mining company's stock valued at $13,225,000 after purchasing an additional 20,899 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 35.9% in the third quarter. Jane Street Group LLC now owns 958,956 shares of the mining company's stock valued at $13,272,000 after purchasing an additional 253,421 shares during the last quarter. Finally, Oldfield Partners LLP lifted its position in Compañía de Minas Buenaventura S.A.A. by 2.0% during the third quarter. Oldfield Partners LLP now owns 607,620 shares of the mining company's stock worth $8,409,000 after buying an additional 12,000 shares in the last quarter.

Wall Street Analyst Weigh In

BVN has been the subject of a number of recent research reports. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research note on Friday, December 27th. Scotiabank raised shares of 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 report on Thursday, November 21st. Finally, Morgan Stanley reduced their target price on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an "overweight" rating on the stock in a research note on Thursday, September 19th.

Compañía de Minas Buenaventura S.A.A. Trading Up 4.0 %

BVN stock traded up $0.49 during midday trading on Thursday, hitting $12.61. 1,267,107 shares of the company's stock were exchanged, compared to its average volume of 899,061. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $11.50 and a 1-year high of $18.84. The company has a current ratio of 1.40, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $3.20 billion, a PE ratio of 8.94 and a beta of 0.81. The business has a 50-day simple moving average of $12.36 and a two-hundred day simple moving average of $13.69.

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.