Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Sold by Swedbank AB

Swedbank AB reduced its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 24.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,200 shares of the mining company’s stock after selling 77,100 shares during the period. Swedbank AB owned approximately 0.09% of Compañía de Minas Buenaventura S.A.A. worth $2,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. during the fourth quarter valued at about $74,000. Matthews International Capital Management LLC purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth approximately $290,000. Blue Trust Inc. increased its stake in Compañía de Minas Buenaventura S.A.A. by 20.9% during the 4th quarter. Blue Trust Inc. now owns 55,843 shares of the mining company’s stock valued at $643,000 after purchasing an additional 9,666 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 7.7% in the fourth quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company’s stock worth $249,000 after buying an additional 1,543 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 64.8% during the fourth quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company’s stock valued at $112,000 after buying an additional 3,820 shares during the last quarter.

Analyst Upgrades and Downgrades

BVN has been the subject of a number of research analyst reports. StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, December 27th. Scotiabank upgraded Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price objective for the company in a research note on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. Trading Down 0.5 %

NYSE BVN opened at $12.72 on Friday. The company has a fifty day moving average of $12.50 and a 200 day moving average of $13.20. The company has a market capitalization of $3.23 billion, a PE ratio of 9.02 and a beta of 0.81. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued its earnings results on Wednesday, October 30th. The mining company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The firm had revenue of $331.11 million for the quarter, compared to the consensus estimate of $332.94 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. During the same quarter in the prior year, the business earned ($0.11) earnings per share. Research analysts forecast 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. Company 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.