11,430 Shares in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 11,430 shares of the mining company’s stock, valued at approximately $174,000.

A number of other hedge funds have also bought and sold shares of BVN. Citigroup Inc. lifted its holdings in Compañía de Minas Buenaventura S.A.A. by 9.8% during the third quarter. Citigroup Inc. now owns 12,193,046 shares of the mining company’s stock worth $103,885,000 after acquiring an additional 1,083,419 shares during the period. American Century Companies Inc. raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 219.0% in the third quarter. American Century Companies Inc. now owns 1,284,784 shares of the mining company’s stock valued at $10,946,000 after buying an additional 881,969 shares during the period. HAP Trading LLC raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 105.3% in the third quarter. HAP Trading LLC now owns 29,662 shares of the mining company’s stock valued at $253,000 after buying an additional 584,400 shares during the period. Westwood Global Investments LLC raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 2.7% in the third quarter. Westwood Global Investments LLC now owns 13,759,968 shares of the mining company’s stock valued at $117,235,000 after buying an additional 360,516 shares during the period. Finally, Van ECK Associates Corp raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 1.0% in the third quarter. Van ECK Associates Corp now owns 25,467,733 shares of the mining company’s stock valued at $216,985,000 after buying an additional 251,159 shares during the period.

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

NYSE:BVN opened at $17.38 on Monday. 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 52-week low of $6.45 and a 52-week high of $17.80. The business’s fifty day moving average is $16.14 and its 200 day moving average is $13.37.

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

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

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

Analyst Upgrades and Downgrades

BVN has been the topic of several research reports. Morgan Stanley lowered Compañía de Minas Buenaventura S.A.A. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, March 12th. Scotiabank boosted their target price on Compañía de Minas Buenaventura S.A.A. from $12.50 to $13.00 and gave the company a “sector underperform” rating in a research note on Monday, March 4th.

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.