Sei Investments Co. Acquires 2,500 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Sei Investments Co. raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 9.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,841 shares of the mining company’s stock after purchasing an additional 2,500 shares during the quarter. Sei Investments Co.’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $332,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Royal London Asset Management Ltd. purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at about $1,689,000. Intech Investment Management LLC purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at approximately $263,000. Natixis Advisors LLC bought a new position in Compañía de Minas Buenaventura S.A.A. in the fourth quarter worth approximately $248,000. LBP AM SA purchased a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $643,000. Finally, Skandinaviska Enskilda Banken AB publ raised its position in Compañía de Minas Buenaventura S.A.A. by 10.1% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 53,300 shares of the mining company’s stock valued at $636,000 after purchasing an additional 4,900 shares in the last quarter.

Analyst Ratings Changes

Separately, StockNews.com downgraded 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. Price Performance

Shares of BVN opened at $14.07 on Friday. The stock has a market capitalization of $3.57 billion, a PE ratio of 9.98 and a beta of 0.37. The company has a 50 day moving average price of $13.88 and a 200-day moving average price of $13.17. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82. 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.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.07). The company had revenue of $299.59 million for the quarter, compared to the consensus estimate of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. Equities analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

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

The business also recently announced a semi-annual dividend, which will be paid on Monday, May 12th. Shareholders of record on Wednesday, April 16th will be paid a $0.2922 dividend. This represents a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, April 16th. This is a positive change 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 22.15%.

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.