Amundi Pioneer Asset Management Inc. Acquires 187,773 Shares of Compania de Minas Buenaventura SAA (BVN)

Amundi Pioneer Asset Management Inc. boosted its holdings in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 21.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,058,625 shares of the mining company’s stock after buying an additional 187,773 shares during the period. Amundi Pioneer Asset Management Inc.’s holdings in Compania de Minas Buenaventura SAA were worth $16,123,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. US Bancorp DE lifted its holdings in shares of Compania de Minas Buenaventura SAA by 207.0% during the fourth quarter. US Bancorp DE now owns 7,426 shares of the mining company’s stock valued at $105,000 after acquiring an additional 5,007 shares during the period. Banco BTG Pactual S.A. bought a new position in shares of Compania de Minas Buenaventura SAA during the first quarter valued at $155,000. Nomura Asset Management Co. Ltd. bought a new position in shares of Compania de Minas Buenaventura SAA during the first quarter valued at $169,000. AMP Capital Investors Ltd bought a new position in shares of Compania de Minas Buenaventura SAA during the fourth quarter valued at $220,000. Finally, Cubist Systematic Strategies LLC lifted its holdings in shares of Compania de Minas Buenaventura SAA by 25.5% during the first quarter. Cubist Systematic Strategies LLC now owns 19,110 shares of the mining company’s stock valued at $291,000 after acquiring an additional 3,877 shares during the period. Hedge funds and other institutional investors own 52.09% of the company’s stock.

Shares of NYSE BVN opened at $14.97 on Friday. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of 40.46 and a beta of 1.15. Compania de Minas Buenaventura SAA has a 52-week low of $10.87 and a 52-week high of $16.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.01 and a quick ratio of 1.62.

Compania de Minas Buenaventura SAA (NYSE:BVN) last issued its quarterly earnings data on Thursday, April 26th. The mining company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.07). The company had revenue of $316.94 million for the quarter, compared to the consensus estimate of $321.42 million. Compania de Minas Buenaventura SAA had a net margin of 1.41% and a return on equity of 1.91%. sell-side analysts predict that Compania de Minas Buenaventura SAA will post 1.03 earnings per share for the current year.

BVN has been the subject of a number of analyst reports. Zacks Investment Research cut Compania de Minas Buenaventura SAA from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 22nd. ValuEngine raised Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, TheStreet raised Compania de Minas Buenaventura SAA from a “c+” rating to a “b” rating in a report on Tuesday, May 1st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $16.65.

About Compania de Minas Buenaventura SAA

Compañía de Minas Buenaventura SAA., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru. The company operates four directly operating mining units, including Orcopampa, Uchucchacua, Julcani, and Mallay; and two mining unites that are under development stage comprising Tambomayo and San Gabriel.

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Institutional Ownership by Quarter for Compania de Minas Buenaventura SAA (NYSE:BVN)

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