IFM Investors Pty Ltd Has $729,000 Stock Position in Buenaventura Mining Company Inc. $BVN

IFM Investors Pty Ltd trimmed its stake in shares of Buenaventura Mining Company Inc. (NYSE:BVN) by 14.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,612 shares of the mining company’s stock after selling 7,686 shares during the quarter. IFM Investors Pty Ltd’s holdings in Buenaventura Mining were worth $729,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in BVN. Helikon Investments Ltd acquired a new stake in Buenaventura Mining during the first quarter valued at approximately $26,686,000. Tidal Investments LLC boosted its holdings in Buenaventura Mining by 56.6% during the fourth quarter. Tidal Investments LLC now owns 3,332,263 shares of the mining company’s stock valued at $38,388,000 after purchasing an additional 1,204,879 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Buenaventura Mining by 12.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,502,101 shares of the mining company’s stock valued at $85,998,000 after purchasing an additional 591,482 shares in the last quarter. Polunin Capital Partners Ltd acquired a new stake in Buenaventura Mining during the first quarter valued at approximately $7,804,000. Finally, Northern Trust Corp boosted its holdings in Buenaventura Mining by 32.9% during the first quarter. Northern Trust Corp now owns 1,642,557 shares of the mining company’s stock valued at $25,673,000 after purchasing an additional 406,641 shares in the last quarter.

Buenaventura Mining Stock Down 0.6%

Shares of BVN opened at $20.05 on Friday. The company has a market capitalization of $5.09 billion, a P/E ratio of 10.18 and a beta of 0.28. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.54 and a quick ratio of 2.31. Buenaventura Mining Company Inc. has a one year low of $11.50 and a one year high of $20.49. The business’s 50 day simple moving average is $18.12 and its 200-day simple moving average is $16.09.

Buenaventura Mining (NYSE:BVN) last announced its earnings results on Thursday, July 24th. The mining company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.30 by $0.10. Buenaventura Mining had a return on equity of 9.47% and a net margin of 38.38%.The business had revenue of $369.50 million for the quarter, compared to the consensus estimate of $338.29 million. As a group, sell-side analysts predict that Buenaventura Mining Company Inc. will post 1.13 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded Buenaventura Mining from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $16.75.

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.