Tidal Investments LLC Buys 1,204,879 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Tidal Investments LLC lifted its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 56.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,332,263 shares of the mining company's stock after acquiring an additional 1,204,879 shares during the quarter. Tidal Investments LLC owned approximately 1.31% of Compañía de Minas Buenaventura S.A.A. worth $38,388,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. SBI Securities Co. Ltd. bought a new position in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at $50,000. Barclays PLC increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 37.2% in the third quarter. Barclays PLC now owns 161,288 shares of the mining company's stock valued at $2,232,000 after buying an additional 43,692 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 1,534.8% in the fourth quarter. BNP Paribas Financial Markets now owns 149,876 shares of the mining company's stock valued at $1,727,000 after buying an additional 140,708 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 16.7% in the fourth 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 last quarter. Finally, Matthews International Capital Management LLC acquired a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth about $290,000.

Compañía de Minas Buenaventura S.A.A. Trading Up 2.5%

Shares of BVN stock traded up $0.37 on Friday, reaching $14.94. 167,938 shares of the stock were exchanged, compared to its average volume of 1,138,711. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. Compañía de Minas Buenaventura S.A.A. has a one year low of $11.50 and a one year high of $18.50. The stock has a market cap of $3.79 billion, a PE ratio of 10.59 and a beta of 0.42. The stock has a 50 day moving average price of $14.66 and a 200 day moving average price of $13.40.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07). The firm had revenue of $299.59 million for the quarter, compared to the consensus estimate of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. Equities research analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

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

The firm also recently announced 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 a boost 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 dividend yield of 0.5%. Compañía de Minas Buenaventura S.A.A.'s payout ratio is presently 14.81%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Scotiabank raised their price objective on shares of Compañía de Minas Buenaventura S.A.A. 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 shares of Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a report on Thursday, May 1st.

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.