KLP Kapitalforvaltning AS Invests $1.06 Million in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

KLP Kapitalforvaltning AS acquired a new position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 91,901 shares of the mining company's stock, valued at approximately $1,059,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased 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 valued at $23,501,000 after purchasing an additional 1,153,819 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 203.7% in 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 during the period. Jane Street Group LLC raised its stake in Compañía de Minas Buenaventura S.A.A. by 35.9% in the 3rd quarter. Jane Street Group LLC now owns 958,956 shares of the mining company's stock worth $13,272,000 after acquiring an additional 253,421 shares during the last quarter. Royal London Asset Management Ltd. acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth about $1,689,000. Finally, Weiss Asset Management LP purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the 3rd quarter valued at about $1,367,000.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a research report on Monday, February 24th.

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

Shares of BVN traded down $1.27 during mid-day trading on Friday, reaching $13.35. The company had a trading volume of 1,842,064 shares, compared to its average volume of 1,188,197. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.50 and a 52-week high of $18.84. The stock has a market capitalization of $3.39 billion, a P/E ratio of 9.46 and a beta of 0.37. The stock has a 50 day moving average of $13.78 and a two-hundred day moving average of $13.18. 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. (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 analysts' consensus estimates of $0.20 by ($0.07). The firm had revenue of $299.59 million for the quarter, compared to analysts' expectations of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. On average, analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current year.

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.