JPMorgan Chase & Co. Has $24.23 Million Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

JPMorgan Chase & Co. raised its position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 23.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,103,645 shares of the mining company's stock after acquiring an additional 405,601 shares during the period. JPMorgan Chase & Co. owned approximately 0.83% of Compañía de Minas Buenaventura S.A.A. worth $24,234,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BVN. SBI Securities Co. Ltd. acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth approximately $50,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company's stock worth $58,000 after buying an additional 1,389 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth $63,000. R Squared Ltd bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at about $74,000. Finally, GAMMA Investing LLC grew its stake 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 acquiring an additional 3,820 shares in the last quarter.

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

BVN stock traded down $0.13 during mid-day trading on Tuesday, hitting $14.72. The stock had a trading volume of 83,070 shares, compared to its average volume of 1,058,139. The firm has a fifty day simple moving average of $13.95 and a 200 day simple moving average of $13.18. The firm has a market capitalization of $3.74 billion, a P/E ratio of 10.43 and a beta of 0.37. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $11.50 and a 52 week high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $315.77 million. As a group, research analysts forecast 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 firm also recently announced a semi-annual dividend, which will be paid on Monday, May 12th. Shareholders of record on Wednesday, April 16th will be given a $0.2922 dividend. This represents a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, April 16th. This is a boost from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. Compañía de Minas Buenaventura S.A.A.'s payout ratio is currently 22.15%.

Analysts Set New Price Targets

BVN has been the subject of several analyst reports. StockNews.com cut 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. Scotiabank lifted their price objective on 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.

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.