CoreCommodity Management LLC Has $1.90 Million Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

CoreCommodity Management LLC raised its stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 40.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,659 shares of the mining company's stock after purchasing an additional 47,514 shares during the period. CoreCommodity Management LLC owned about 0.06% of Compañía de Minas Buenaventura S.A.A. worth $1,897,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at approximately $50,000. Mirae Asset Global Investments Co. Ltd. raised its holdings 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 acquiring an additional 1,389 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at $63,000. R Squared Ltd acquired a new position in Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at $74,000. Finally, GAMMA Investing LLC grew its position in Compañía de Minas Buenaventura S.A.A. by 64.8% during the fourth quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company's stock valued at $112,000 after acquiring an additional 3,820 shares during the period.

Analyst Ratings Changes

BVN has been the subject of several analyst reports. Scotiabank upped their target price 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. StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st.

Compañía de Minas Buenaventura S.A.A. Stock Down 4.7%

Shares of Compañía de Minas Buenaventura S.A.A. stock traded down $0.71 during midday trading on Monday, hitting $14.32. The company's stock had a trading volume of 494,742 shares, compared to its average volume of 1,186,882. The firm has a market capitalization of $3.63 billion, a P/E ratio of 10.12 and a beta of 0.42. The stock has a 50-day simple moving average of $14.55 and a 200-day simple moving average of $13.30. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $11.50 and a 1-year high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. The firm had revenue of $299.59 million for the quarter, compared to analysts' expectations of $315.77 million. As a group, sell-side analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current 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. Stockholders of record on Wednesday, April 16th will be paid a $0.2922 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a dividend yield of 0.5%. This is a boost from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. Compañía de Minas Buenaventura S.A.A.'s payout ratio is 14.81%.

Compañía de Minas Buenaventura S.A.A. 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.