Buenaventura Mining Company Inc. (NYSE:BVN) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its stake in shares of Buenaventura Mining Company Inc. (NYSE:BVN - Free Report) by 15.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 339,493 shares of the mining company's stock after acquiring an additional 46,610 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.13% of Buenaventura Mining worth $5,306,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. purchased a new stake in Buenaventura Mining in the fourth quarter valued at approximately $50,000. BNP Paribas Financial Markets boosted its holdings in shares of Buenaventura Mining by 1,534.8% in the 4th quarter. BNP Paribas Financial Markets now owns 149,876 shares of the mining company's stock valued at $1,727,000 after purchasing an additional 140,708 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Buenaventura Mining by 16.7% during the 4th quarter. Bank of New York Mellon Corp now owns 197,202 shares of the mining company's stock valued at $2,272,000 after buying an additional 28,261 shares during the period. QRG Capital Management Inc. acquired a new stake in shares of Buenaventura Mining during the 1st quarter worth $184,000. Finally, Natixis Advisors LLC purchased a new position in shares of Buenaventura Mining in the 4th quarter worth $248,000.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Scotiabank boosted their price target on Buenaventura Mining from $15.00 to $15.50 and gave the company a "sector perform" rating in a research report on Monday, April 14th. Wall Street Zen raised Buenaventura Mining from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st.

Buenaventura Mining Stock Down 0.9%

Shares of NYSE BVN traded down $0.15 during trading on Friday, reaching $16.47. 280,353 shares of the stock were exchanged, compared to its average volume of 1,110,348. The business's 50-day moving average price is $15.56 and its 200 day moving average price is $14.20. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 8.71 and a beta of 0.43. Buenaventura Mining Company Inc. has a twelve month low of $11.50 and a twelve month high of $17.71. The company has a quick ratio of 1.58, a current ratio of 1.75 and a debt-to-equity ratio of 0.17.

Buenaventura Mining Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th were paid a dividend of $0.2922 per share. This is a boost from Buenaventura Mining's previous semi-annual dividend of $0.07. This represents a dividend yield of 0.5%. The ex-dividend date was Wednesday, April 16th. Buenaventura Mining's dividend payout ratio is 14.81%.

About Buenaventura Mining

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.