Swedbank AB Decreases Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Swedbank AB lessened its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 30.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 309,300 shares of the mining company's stock after selling 136,700 shares during the quarter. Swedbank AB owned 0.12% of Compañía de Minas Buenaventura S.A.A. worth $4,281,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter valued at approximately $35,000. EverSource Wealth Advisors LLC grew its position in Compañía de Minas Buenaventura S.A.A. by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company's stock valued at $42,000 after acquiring an additional 1,054 shares during the last quarter. Employees Retirement System of Texas purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the second quarter worth $47,000. Headlands Technologies LLC bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter worth $80,000. Finally, GAMMA Investing LLC lifted its position in shares of Compañía de Minas Buenaventura S.A.A. by 16.8% during the second quarter. GAMMA Investing LLC now owns 4,968 shares of the mining company's stock worth $84,000 after purchasing an additional 716 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BVN. Scotiabank reduced their target price on shares of Compañía de Minas Buenaventura S.A.A. from $16.00 to $15.00 and set a "sector underperform" rating on the stock in a research report on Monday, August 19th. Morgan Stanley reduced their price objective on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an "overweight" rating on the stock in a report on Thursday, September 19th.

Compañía de Minas Buenaventura S.A.A. Stock Up 2.7 %

Compañía de Minas Buenaventura S.A.A. stock traded up $0.36 during midday trading on Friday, hitting $13.70. 683,771 shares of the company's stock were exchanged, compared to its average volume of 1,400,207. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40. The company has a market cap of $3.48 billion, a PE ratio of 228.33 and a beta of 0.82. The firm has a 50-day moving average of $13.36 and a two-hundred day moving average of $15.51. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $7.73 and a 12 month high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The mining company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($0.06). The business had revenue of $277.11 million for the quarter, compared to the consensus estimate of $252.21 million. Compañía de Minas Buenaventura S.A.A. had a net margin of 9.54% and a return on equity of 3.17%. During the same quarter in the prior year, the business posted ($0.03) earnings per share. As a group, analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.23 earnings per share for the current fiscal 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.