Qtron Investments LLC Takes Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Qtron Investments LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,909 shares of the mining company's stock, valued at approximately $252,000.

Several other institutional investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at $50,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company's stock worth $58,000 after purchasing an additional 1,389 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $63,000. R Squared Ltd bought a new stake in Compañía de Minas Buenaventura S.A.A. during the fourth quarter valued at about $74,000. Finally, BNP Paribas Financial Markets grew its stake in Compañía de Minas Buenaventura S.A.A. by 132.7% in the third 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 last quarter.

Wall Street Analysts Forecast Growth

Several research firms have commented on BVN. Scotiabank increased their price target 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 research report on Monday, April 14th. StockNews.com cut 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 Down 4.5 %

NYSE BVN traded down $0.68 during trading on Friday, hitting $14.32. The company's stock had a trading volume of 609,377 shares, compared to its average volume of 1,177,614. Compañía de Minas Buenaventura S.A.A. has a fifty-two week low of $11.50 and a fifty-two week high of $18.84. The company has a market cap of $3.63 billion, a PE ratio of 10.15 and a beta of 0.37. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. The business's 50 day simple moving average is $14.07 and its 200-day simple moving average is $13.21.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its earnings results 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 return on equity of 6.15% and a net margin of 32.40%. The company had revenue of $299.59 million for the quarter, compared to analysts' expectations of $315.77 million. On average, equities analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

Compañía de Minas Buenaventura S.A.A. Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Monday, May 12th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.2922 per share. This represents a yield of 0.5%. The ex-dividend date is Wednesday, April 16th. This is an increase 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 presently 22.15%.

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.