Vident Advisory LLC Trims Stock Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Vident Advisory LLC cut its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 54.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 53,548 shares of the mining company's stock after selling 63,615 shares during the period. Vident Advisory LLC's holdings in Compañía de Minas Buenaventura S.A.A. were worth $617,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Sequoia Financial Advisors LLC lifted its holdings 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 valued at $126,000 after purchasing an additional 867 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% during 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 last quarter. SG Americas Securities LLC boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 7.7% during the 4th 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 last quarter. Quadrant Capital Group LLC grew its stake in shares of Compañía de Minas Buenaventura S.A.A. by 13.0% during the 4th quarter. Quadrant Capital Group LLC now owns 15,217 shares of the mining company's stock valued at $175,000 after acquiring an additional 1,749 shares during the period. Finally, Sei Investments Co. raised its position in shares of Compañía de Minas Buenaventura S.A.A. by 9.5% during 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.

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

Shares of BVN stock traded up $0.16 on Wednesday, reaching $14.89. The company's stock had a trading volume of 828,920 shares, compared to its average volume of 1,135,944. The stock's fifty day simple moving average is $14.63 and its 200-day simple moving average is $13.45. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.50. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 10.56 and a beta of 0.42. 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. Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th were paid a $0.2922 dividend. The ex-dividend date was Wednesday, April 16th. This represents a dividend yield of 0.5%. 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 is currently 14.81%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wall Street Zen upgraded Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Scotiabank upped 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.

About Compañía de Minas Buenaventura S.A.A.

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.