121,942 Shares in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Purchased by PKO Investment Management Joint Stock Co

PKO Investment Management Joint Stock Co acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 121,942 shares of the mining company's stock, valued at approximately $1,405,000.

Other hedge funds also recently made changes to their positions in the company. TFG Asset Management GP Ltd bought a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at $426,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 0.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,252,971 shares of the mining company's stock worth $14,434,000 after buying an additional 9,808 shares in the last quarter. Squarepoint Ops LLC raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 22.1% in the 4th quarter. Squarepoint Ops LLC now owns 45,193 shares of the mining company's stock worth $521,000 after buying an additional 8,195 shares in the last quarter. Tidal Investments LLC raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 56.6% in the 4th quarter. Tidal Investments LLC now owns 3,332,263 shares of the mining company's stock worth $38,388,000 after buying an additional 1,204,879 shares in the last quarter. Finally, Point72 Asset Management L.P. raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 3.3% in the 4th quarter. Point72 Asset Management L.P. now owns 78,100 shares of the mining company's stock worth $900,000 after buying an additional 2,500 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BVN. Wall Street Zen raised Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Scotiabank boosted 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.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.5%

Shares of BVN stock traded down $0.07 on Friday, reaching $14.96. 1,195,889 shares of the company's stock traded hands, compared to its average volume of 1,112,411. Compañía de Minas Buenaventura S.A.A. has a 12-month low of $11.50 and a 12-month high of $17.98. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82. The company has a market capitalization of $3.80 billion, a P/E ratio of 10.61 and a beta of 0.42. The business's 50 day moving average price is $14.60 and its two-hundred day moving average price is $13.52.

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

The business also recently declared a semi-annual dividend, which was paid on Monday, May 12th. Shareholders of record on Wednesday, April 16th were given a $0.2922 dividend. The ex-dividend date of this dividend was 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 currently 14.81%.

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.