Bank of America Corp DE Has $6.20 Million Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Bank of America Corp DE cut its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 37.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 537,726 shares of the mining company's stock after selling 317,308 shares during the quarter. Bank of America Corp DE owned about 0.21% of Compañía de Minas Buenaventura S.A.A. worth $6,195,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter worth approximately $50,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of 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 worth $58,000 after purchasing an additional 1,389 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter worth approximately $63,000. R Squared Ltd bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter worth approximately $74,000. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of 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 worth $126,000 after purchasing an additional 867 shares during the last quarter.

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

Shares of BVN stock traded up $0.13 during mid-day trading on Thursday, hitting $15.02. 723,712 shares of the stock traded hands, compared to its average volume of 1,135,826. Compañía de Minas Buenaventura S.A.A. has a twelve month low of $11.50 and a twelve month high of $18.25. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 10.65 and a beta of 0.42. The company's 50-day simple moving average is $14.62 and its 200-day simple moving average is $13.46. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82.

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. Investors of record on Wednesday, April 16th were issued a $0.2922 dividend. 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. The ex-dividend date was Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.'s payout ratio is presently 14.81%.

Analyst Upgrades and Downgrades

BVN has been the topic of several recent analyst reports. Wall Street Zen raised Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Scotiabank lifted their target price on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a "sector perform" rating in a research note 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.