Invesco Ltd. Sells 20,556 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Invesco Ltd. reduced its stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 43.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,155 shares of the mining company's stock after selling 20,556 shares during the quarter. Invesco Ltd.'s holdings in Compañía de Minas Buenaventura S.A.A. were worth $313,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of BVN. Sequoia Financial Advisors LLC increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 8.6% during the fourth quarter. Sequoia Financial Advisors LLC now owns 10,977 shares of the mining company's stock worth $126,000 after purchasing an additional 867 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted 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 valued at $58,000 after acquiring an additional 1,389 shares during the period. SG Americas Securities LLC increased its position in Compañía de Minas Buenaventura S.A.A. by 7.7% during the fourth quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company's stock worth $249,000 after acquiring an additional 1,543 shares during the period. Quadrant Capital Group LLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 13.0% in the 4th quarter. Quadrant Capital Group LLC now owns 15,217 shares of the mining company's stock valued at $175,000 after purchasing an additional 1,749 shares during the period. Finally, Sei Investments Co. increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 9.5% during the fourth quarter. Sei Investments Co. now owns 28,841 shares of the mining company's stock worth $332,000 after purchasing an additional 2,500 shares during the period.

Compañía de Minas Buenaventura S.A.A. Trading Down 2.5 %

Shares of Compañía de Minas Buenaventura S.A.A. stock traded down $0.38 during trading on Wednesday, hitting $15.04. The company's stock had a trading volume of 850,968 shares, compared to its average volume of 1,183,548. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 10.67 and a beta of 0.42. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $11.50 and a 52 week high of $18.84. The stock has a 50-day moving average price of $14.43 and a two-hundred day moving average price of $13.28. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). The company had revenue of $299.59 million for the quarter, compared to the consensus estimate 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%. Equities research analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

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

The company also recently announced a semi-annual dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 16th will be paid a dividend of $0.2922 per share. This represents a yield of 0.5%. The ex-dividend date is Wednesday, April 16th. This is an increase from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio (DPR) is currently 14.81%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Scotiabank raised 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.