Fmr LLC Has $173.87 Million Stake in Compania de Minas Buenaventura SAA (BVN)

Fmr LLC lifted its holdings in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 19.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,965,401 shares of the mining company’s stock after buying an additional 2,092,676 shares during the period. Fmr LLC owned approximately 0.05% of Compania de Minas Buenaventura SAA worth $173,866,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Commerzbank Aktiengesellschaft FI boosted its position in shares of Compania de Minas Buenaventura SAA by 8.3% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 294,855 shares of the mining company’s stock worth $4,019,000 after buying an additional 22,531 shares during the period. Marathon Asset Management LLP boosted its position in shares of Compania de Minas Buenaventura SAA by 0.4% during the third quarter. Marathon Asset Management LLP now owns 1,014,919 shares of the mining company’s stock worth $13,610,000 after buying an additional 4,164 shares during the period. Pinebridge Investments L.P. boosted its position in shares of Compania de Minas Buenaventura SAA by 11.8% during the second quarter. Pinebridge Investments L.P. now owns 92,139 shares of the mining company’s stock worth $1,256,000 after buying an additional 9,705 shares during the period. Los Angeles Capital Management & Equity Research Inc. boosted its position in shares of Compania de Minas Buenaventura SAA by 53.6% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 69,566 shares of the mining company’s stock worth $948,000 after buying an additional 24,266 shares during the period. Finally, Bank of Montreal Can boosted its position in shares of Compania de Minas Buenaventura SAA by 14.5% during the third quarter. Bank of Montreal Can now owns 100,966 shares of the mining company’s stock worth $1,354,000 after buying an additional 12,800 shares during the period. Institutional investors and hedge funds own 52.26% of the company’s stock.

Several equities analysts have recently issued reports on the company. ValuEngine downgraded Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a research report on Monday, October 8th. Zacks Investment Research upgraded Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th. Finally, Scotiabank set a $16.00 price objective on Compania de Minas Buenaventura SAA and gave the stock a “hold” rating in a research report on Wednesday, October 31st. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.00.

Shares of NYSE BVN opened at $14.72 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.88 and a quick ratio of 1.56. The company has a market cap of $3.74 billion, a PE ratio of 39.78 and a beta of 0.84. Compania de Minas Buenaventura SAA has a 12-month low of $11.67 and a 12-month high of $16.80.

Compania de Minas Buenaventura SAA (NYSE:BVN) last released its earnings results on Thursday, October 25th. The mining company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.19). The firm had revenue of $271.85 million during the quarter. Compania de Minas Buenaventura SAA had a return on equity of 3.31% and a net margin of 5.28%. On average, analysts predict that Compania de Minas Buenaventura SAA will post 0.38 earnings per share for the current year.

The company also recently announced a semiannual dividend, which will be paid on Friday, December 7th. Shareholders of record on Friday, November 16th will be given a $0.06 dividend. This represents a yield of 0.85%. This is an increase from Compania de Minas Buenaventura SAA’s previous semiannual dividend of $0.02. The ex-dividend date is Thursday, November 15th. Compania de Minas Buenaventura SAA’s dividend payout ratio is 32.43%.

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Compania de Minas Buenaventura SAA Company Profile

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 United States, Europe, and Asia. The company operates five operating mining units, including Uchucchacua, Orcopampa, Julcani, Mallay, and Tambomayo in Peru; and San Gabriel, a mining unit under development stage.

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

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