BNP Paribas Financial Markets Increases Stock Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

BNP Paribas Financial Markets grew its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 1,534.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 149,876 shares of the mining company's stock after purchasing an additional 140,708 shares during the quarter. BNP Paribas Financial Markets owned about 0.06% of Compañía de Minas Buenaventura S.A.A. worth $1,727,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BVN. FIL Ltd boosted its position in Compañía de Minas Buenaventura S.A.A. by 810.7% during the fourth quarter. FIL Ltd now owns 2,635,020 shares of the mining company's stock worth $30,355,000 after purchasing an additional 2,345,676 shares during the period. Canada Pension Plan Investment Board bought a new position in Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth about $25,970,000. Northern Trust Corp boosted its position in Compañía de Minas Buenaventura S.A.A. by 105.3% during the fourth quarter. Northern Trust Corp now owns 1,235,916 shares of the mining company's stock worth $14,238,000 after purchasing an additional 633,793 shares during the period. Sagil Capital LLP boosted its position in Compañía de Minas Buenaventura S.A.A. by 35.1% during the fourth quarter. Sagil Capital LLP now owns 1,658,518 shares of the mining company's stock worth $19,106,000 after purchasing an additional 430,960 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Compañía de Minas Buenaventura S.A.A. by 23.9% during the fourth quarter. JPMorgan Chase & Co. now owns 2,103,645 shares of the mining company's stock worth $24,234,000 after purchasing an additional 405,601 shares during the period.

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

Shares of BVN stock traded up $0.42 during trading hours on Friday, reaching $14.99. The stock had a trading volume of 468,304 shares, compared to its average volume of 1,137,890. The stock's fifty day simple moving average is $14.65 and its 200 day simple moving average is $13.41. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $11.50 and a 12 month high of $18.50. The firm has a market capitalization of $3.80 billion, a PE ratio of 10.63 and a beta of 0.42.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. The firm had revenue of $299.59 million during the quarter, compared to the consensus estimate of $315.77 million. On average, equities research analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

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

The company also recently disclosed a semi-annual dividend, which was paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th were given a $0.2922 dividend. This is a positive change from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio (DPR) is 14.81%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Scotiabank increased their target price on shares of 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. Wall Street Zen upgraded shares of 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. 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.