Geode Capital Management LLC Increases Stock Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Geode Capital Management LLC grew its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,002,441 shares of the mining company's stock after acquiring an additional 38,427 shares during the period. Geode Capital Management LLC owned about 0.40% of Compañía de Minas Buenaventura S.A.A. worth $11,472,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of BVN. Barclays PLC boosted its position 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. Sanctuary Advisors LLC acquired a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter worth $153,000. JPMorgan Chase & Co. lifted its stake in Compañía de Minas Buenaventura S.A.A. by 212.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company's stock worth $23,501,000 after acquiring an additional 1,153,819 shares in the last quarter. GAMMA Investing LLC grew 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. Finally, SG Americas Securities LLC grew its stake in Compañía de Minas Buenaventura S.A.A. by 7.7% during the 4th quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company's stock worth $249,000 after purchasing an additional 1,543 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on BVN. Scotiabank raised their price objective 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. StockNews.com lowered 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. Price Performance

Shares of Compañía de Minas Buenaventura S.A.A. stock traded down $0.44 during trading on Friday, reaching $14.55. The company's stock had a trading volume of 1,025,387 shares, compared to its average volume of 1,170,049. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. 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 market capitalization of $3.69 billion, a P/E ratio of 10.32 and a beta of 0.37. The business has a 50 day moving average price of $14.20 and a 200-day moving average price of $13.23.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its quarterly earnings data 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 net margin of 32.40% and a return on equity of 6.15%. The firm had revenue of $299.59 million during the quarter, compared to analysts' expectations of $315.77 million. As a group, sell-side analysts anticipate 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 business also recently announced a semi-annual dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 16th will be paid a $0.2922 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a yield of 0.5%. This is a positive change from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio is presently 17.72%.

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.