TFG Asset Management GP Ltd Invests $426,000 in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

TFG Asset Management GP Ltd purchased a new stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 37,000 shares of the mining company's stock, valued at approximately $426,000. Compañía de Minas Buenaventura S.A.A. comprises about 0.1% of TFG Asset Management GP Ltd's investment portfolio, making the stock its 22nd biggest position.

Several other hedge funds have also made changes to their positions in BVN. SBI Securities Co. Ltd. purchased a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $50,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company's stock worth $58,000 after acquiring an additional 1,389 shares during the period. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth about $63,000. R Squared Ltd purchased a new position in Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth about $74,000. Finally, Sequoia Financial Advisors LLC lifted its position in Compañía de Minas Buenaventura S.A.A. by 8.6% in 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 period.

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

Compañía de Minas Buenaventura S.A.A. stock traded up $0.14 during mid-day trading on Wednesday, reaching $14.95. The company had a trading volume of 1,423,917 shares, compared to its average volume of 1,151,318. The company has a market capitalization of $3.79 billion, a P/E ratio of 10.60 and a beta of 0.42. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. The stock's 50-day simple moving average is $14.68 and its 200-day simple moving average is $13.37. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.50.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last issued 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 business had revenue of $299.59 million during the quarter, compared to analyst estimates of $315.77 million. On average, equities 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 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 dividend of $0.2922 per share. This is an increase from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. The ex-dividend date was Wednesday, April 16th. This represents a yield of 0.5%. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio (DPR) is presently 14.81%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Scotiabank boosted 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.

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.