Robeco Institutional Asset Management B.V. Grows Holdings in Buenaventura Mining Company Inc. (NYSE:BVN)

Robeco Institutional Asset Management B.V. raised its holdings in Buenaventura Mining Company Inc. (NYSE:BVN - Free Report) by 15.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 339,493 shares of the mining company's stock after buying 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 reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. SBI Securities Co. Ltd. purchased a new position in shares of Buenaventura Mining in the 4th quarter valued at approximately $50,000. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Buenaventura Mining during the 4th quarter valued at approximately $63,000. Sequoia Financial Advisors LLC increased its stake in Buenaventura Mining by 8.6% during the 4th 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 in the last quarter. Voya Investment Management LLC purchased a new position in shares of Buenaventura Mining in the fourth quarter worth $144,000. Finally, Bridgefront Capital LLC acquired a new stake in shares of Buenaventura Mining during the fourth quarter worth $158,000.

Buenaventura Mining Stock Performance

NYSE BVN traded up $0.12 on Wednesday, hitting $16.52. 61,667 shares of the company's stock traded hands, compared to its average volume of 1,109,142. The firm's 50-day moving average price is $15.45 and its two-hundred day moving average price is $14.13. The firm has a market capitalization of $4.19 billion, a PE ratio of 8.75 and a beta of 0.43. The company has a current ratio of 1.75, a quick ratio of 1.58 and a debt-to-equity ratio of 0.17. Buenaventura Mining Company Inc. has a 1-year low of $11.50 and a 1-year high of $17.71.

Buenaventura Mining Increases Dividend

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

Analyst Ratings Changes

Several research firms recently issued reports on BVN. Wall Street Zen raised Buenaventura Mining from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. 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 note on Monday, April 14th.

Buenaventura Mining 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.