BNP Paribas Financial Markets Increases Stock Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

BNP Paribas Financial Markets raised its stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 1,534.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 149,876 shares of the mining company’s stock after purchasing an additional 140,708 shares during the period. BNP Paribas Financial Markets owned 0.06% of Compañía de Minas Buenaventura S.A.A. worth $1,727,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Caisse DE Depot ET Placement DU Quebec increased its stake in Compañía de Minas Buenaventura S.A.A. by 3.5% in the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 86,710 shares of the mining company’s stock valued at $999,000 after purchasing an additional 2,900 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 105.3% in the fourth quarter. Northern Trust Corp now owns 1,235,916 shares of the mining company’s stock valued at $14,238,000 after acquiring an additional 633,793 shares during the period. Voya Investment Management LLC acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at approximately $144,000. Hsbc Holdings PLC boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 29.8% in the fourth quarter. Hsbc Holdings PLC now owns 98,232 shares of the mining company’s stock valued at $1,136,000 after acquiring an additional 22,548 shares during the period. Finally, CANADA LIFE ASSURANCE Co boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 1.5% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 197,008 shares of the mining company’s stock valued at $2,264,000 after acquiring an additional 3,000 shares during the period.

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

Shares of NYSE BVN opened at $14.48 on Friday. 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 stock has a fifty day moving average price of $14.65 and a 200 day moving average price of $13.35. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $11.50 and a 1-year high of $18.84. The company has a market cap of $3.67 billion, a PE ratio of 10.27 and a beta of 0.42.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued its quarterly 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 analyst estimates of $315.77 million. Sell-side analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

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

The business also recently declared a semi-annual dividend, which was paid on Monday, May 12th. Investors of record on Wednesday, April 16th were issued a dividend of $0.2922 per share. The ex-dividend date of this dividend was Wednesday, April 16th. This is an increase from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07. This represents a dividend yield of 0.5%. Compañía de Minas Buenaventura S.A.A.’s dividend payout ratio (DPR) is currently 14.81%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BVN. Scotiabank increased their price objective on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a “sector perform” rating in a report on Monday, April 14th. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Thursday, May 1st.

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.