TFG Asset Management GP Ltd Makes New $426,000 Investment in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

TFG Asset Management GP Ltd bought a new position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 37,000 shares of the mining company's stock, valued at approximately $426,000. Compañía de Minas Buenaventura S.A.A. accounts for about 0.1% of TFG Asset Management GP Ltd's holdings, making the stock its 28th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of BVN. Sequoia Financial Advisors LLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 8.6% in the 4th 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 during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 41.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company's stock valued at $58,000 after purchasing an additional 1,389 shares during the period. SG Americas Securities LLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 7.7% in the 4th quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company's stock valued at $249,000 after purchasing 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. boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 9.5% in the 4th quarter. Sei Investments Co. now owns 28,841 shares of the mining company's stock valued at $332,000 after purchasing an additional 2,500 shares during the period.

Analyst Ratings Changes

BVN has been the subject of a number of recent research reports. Scotiabank boosted their price objective on shares of Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a "sector perform" rating in a report on Monday, April 14th. Wall Street Zen raised shares of Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a report on Thursday, May 1st.

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

Shares of NYSE:BVN traded down $0.01 during midday trading on Friday, hitting $15.02. The stock had a trading volume of 370,808 shares, compared to its average volume of 1,037,511. The company's 50-day moving average price is $14.61 and its 200-day moving average price is $13.49. The company has a market capitalization of $3.81 billion, a P/E ratio of 10.65 and a beta of 0.42. 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 fifty-two week low of $11.50 and a fifty-two week high of $18.25.

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

The business also recently disclosed a semi-annual dividend, which was paid on Monday, May 12th. Investors of record on Wednesday, April 16th were given a dividend of $0.2922 per share. This represents a yield of 0.5%. This is a boost from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. The ex-dividend date of this dividend was Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio is currently 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.