3,005 Shares in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Purchased by Fifth Third Bancorp

Fifth Third Bancorp bought a new position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) in the 4th quarter, HoldingsChannel reports. The fund bought 3,005 shares of the mining company’s stock, valued at approximately $46,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BVN. Tower Research Capital LLC TRC bought a new position in Compañía de Minas Buenaventura S.A.A. in the 1st quarter worth about $50,000. Barclays PLC grew its position in Compañía de Minas Buenaventura S.A.A. by 24,960.6% in the 3rd quarter. Barclays PLC now owns 8,270 shares of the mining company’s stock worth $70,000 after purchasing an additional 8,237 shares during the last quarter. Advisor Group Holdings Inc. boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 14,350.0% in the first quarter. Advisor Group Holdings Inc. now owns 7,225 shares of the mining company’s stock valued at $73,000 after acquiring an additional 7,175 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 15.5% in the third quarter. Sequoia Financial Advisors LLC now owns 12,033 shares of the mining company’s stock valued at $103,000 after acquiring an additional 1,612 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the first quarter valued at approximately $104,000.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on BVN shares. Scotiabank increased their price objective on shares of Compañía de Minas Buenaventura S.A.A. from $12.50 to $13.00 and gave the company a “sector underperform” rating in a report on Monday, March 4th. Morgan Stanley cut shares of Compañía de Minas Buenaventura S.A.A. from an “overweight” rating to an “equal weight” rating in a report on Tuesday, March 12th.

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

Compañía de Minas Buenaventura S.A.A. stock opened at $16.53 on Friday. The firm has a 50 day simple moving average of $15.97 and a 200-day simple moving average of $12.70. The company has a current ratio of 1.31, a quick ratio of 1.14 and a debt-to-equity ratio of 0.21. Compañía de Minas Buenaventura S.A.A. has a 12-month low of $6.45 and a 12-month high of $17.80.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued its earnings results on Thursday, February 29th. The mining company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.17). The business had revenue of $253.80 million for the quarter, compared to the consensus estimate of $225.38 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 0.84% and a net margin of 2.41%. Equities analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1 earnings per share for the current year.

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

The firm also recently announced a semi-annual dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, April 18th will be issued a dividend of $0.0726 per share. This represents a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, April 17th. Compañía de Minas Buenaventura S.A.A.’s payout ratio is 100.01%.

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.