Swedbank AB Sells 77,100 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Swedbank AB cut its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 24.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 232,200 shares of the mining company's stock after selling 77,100 shares during the period. Swedbank AB owned 0.09% of Compañía de Minas Buenaventura S.A.A. worth $2,675,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Point72 Hong Kong Ltd bought a new position in Compañía de Minas Buenaventura S.A.A. in the third quarter worth approximately $56,000. GAMMA Investing LLC raised its position in Compañía de Minas Buenaventura S.A.A. by 18.7% in the third quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company's stock worth $82,000 after acquiring an additional 929 shares during the period. R Squared Ltd bought a new position in Compañía de Minas Buenaventura S.A.A. in the fourth quarter worth approximately $74,000. BNP Paribas Financial Markets raised its position in shares of Compañía de Minas Buenaventura S.A.A. by 132.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,168 shares of the mining company's stock valued at $127,000 after purchasing an additional 5,229 shares during the period. Finally, Creative Planning bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 3rd quarter valued at $139,000.

Compañía de Minas Buenaventura S.A.A. Trading Up 1.5 %

Shares of BVN stock traded up $0.20 during trading hours on Wednesday, reaching $13.20. 1,307,328 shares of the stock were exchanged, compared to its average volume of 853,953. Compañía de Minas Buenaventura S.A.A. has a 12-month low of $11.50 and a 12-month 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. The company's 50-day moving average price is $12.56 and its 200-day moving average price is $13.13. The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of 9.36 and a beta of 0.80.

Analyst Upgrades and Downgrades

BVN has been the topic of several recent analyst reports. 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 price objective on the stock in a research report on Thursday, November 21st. StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a report on Friday, December 27th.

Compañía de Minas Buenaventura S.A.A. Company 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.