Buenaventura Mining Company Inc. (NYSE:BVN) Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas reduced its position in Buenaventura Mining Company Inc. (NYSE:BVN) by 30.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,171 shares of the mining company’s stock after selling 8,840 shares during the period. Teacher Retirement System of Texas’ holdings in Buenaventura Mining were worth $315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC lifted its stake in shares of Buenaventura Mining by 8.6% in the 4th quarter. Sequoia Financial Advisors LLC now owns 10,977 shares of the mining company’s stock valued at $126,000 after purchasing an additional 867 shares during the period. GAMMA Investing LLC lifted its stake in shares of Buenaventura Mining by 17.1% in the 1st quarter. GAMMA Investing LLC now owns 11,382 shares of the mining company’s stock valued at $178,000 after purchasing an additional 1,665 shares during the period. QRG Capital Management Inc. acquired a new position in shares of Buenaventura Mining in the 1st quarter valued at $184,000. Tobam lifted its stake in shares of Buenaventura Mining by 37.2% in the 1st quarter. Tobam now owns 12,480 shares of the mining company’s stock valued at $195,000 after purchasing an additional 3,386 shares during the period. Finally, Voya Investment Management LLC acquired a new position in shares of Buenaventura Mining in the 4th quarter valued at $144,000.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Wall Street Zen cut shares of Buenaventura Mining from a “buy” rating to a “hold” rating in a research report on Friday. Scotiabank upped their price objective on shares of Buenaventura Mining from $15.00 to $15.50 and gave the stock a “sector perform” rating in a research report on Monday, April 14th.

Buenaventura Mining Stock Performance

NYSE:BVN opened at $16.55 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.58 and a current ratio of 1.75. The company has a fifty day moving average of $15.96 and a two-hundred day moving average of $14.49. The stock has a market capitalization of $4.20 billion, a PE ratio of 8.76 and a beta of 0.43. Buenaventura Mining Company Inc. has a fifty-two week low of $11.50 and a fifty-two week high of $17.43.

Buenaventura Mining 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.