Cubist Systematic Strategies LLC Sells 261,975 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Cubist Systematic Strategies LLC decreased its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 48.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 279,602 shares of the mining company's stock after selling 261,975 shares during the quarter. Cubist Systematic Strategies LLC owned 0.11% of Compañía de Minas Buenaventura S.A.A. worth $3,221,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC grew its stake in Compañía de Minas Buenaventura S.A.A. by 8.6% in the fourth 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company's stock worth $58,000 after buying an additional 1,389 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Compañía de Minas Buenaventura S.A.A. by 7.7% in the fourth quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company's stock worth $249,000 after buying an additional 1,543 shares during the last quarter. Quadrant Capital Group LLC lifted its position in shares of Compañía de Minas Buenaventura S.A.A. by 13.0% in the fourth quarter. Quadrant Capital Group LLC now owns 15,217 shares of the mining company's stock worth $175,000 after buying an additional 1,749 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of Compañía de Minas Buenaventura S.A.A. by 9.5% in the fourth quarter. Sei Investments Co. now owns 28,841 shares of the mining company's stock worth $332,000 after buying an additional 2,500 shares during the last quarter.

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

Shares of NYSE BVN traded up $0.04 during trading hours on Friday, hitting $14.54. 131,337 shares of the company's stock were exchanged, compared to its average volume of 1,182,579. 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 debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 10.32 and a beta of 0.42. The company's 50-day moving average price is $14.63 and its 200-day moving average price is $13.34.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last posted its quarterly earnings data 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). The business had revenue of $299.59 million for the quarter, compared to analyst estimates of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. On average, sell-side analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

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

The business also recently announced a semi-annual dividend, which was paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th were issued a $0.2922 dividend. The ex-dividend date of this dividend was Wednesday, April 16th. This is a boost 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 is presently 14.81%.

Wall Street Analyst Weigh In

BVN has been the subject of a number of analyst reports. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Scotiabank boosted their price target on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the stock a "sector perform" rating in a research report on Monday, April 14th.

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.