U.S. Capital Wealth Advisors LLC Sells 10,969 Shares of Southern Copper Corporation $SCCO

Key Points

• U.S. Capital Wealth Advisors trimmed its stake in Southern Copper by 9%, selling 10,969 shares and leaving 110,518 shares worth about $15.86 million.
• Company fundamentals remain strong—Southern Copper slightly beat Q4 estimates (EPS $1.55 vs. $1.54; revenue $3.87B vs. $3.73B) and raised its quarterly dividend to $1.00 (annualized $4.00, ~2.1% yield).
• Mixed-to-negative market signals: analysts’ consensus is a "Reduce" with a $145.19 target below the current ~$192 price, while insider selling and Peru’s revocation of the Tía María permit pose additional downside risks.

U.S. Capital Wealth Advisors LLC lessened its holdings in Southern Copper Corporation (NYSE:SCCO - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 110,518 shares of the basic materials company's stock after selling 10,969 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Southern Copper were worth $15,856,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCCO. Royal Bank of Canada grew its holdings in Southern Copper by 42.1% in the first quarter. Royal Bank of Canada now owns 44,879 shares of the basic materials company's stock worth $4,194,000 after purchasing an additional 13,293 shares during the period. Empowered Funds LLC grew its holdings in Southern Copper by 17.9% in the first quarter. Empowered Funds LLC now owns 6,705 shares of the basic materials company's stock worth $627,000 after purchasing an additional 1,020 shares during the period. Focus Partners Wealth grew its holdings in Southern Copper by 21.5% in the first quarter. Focus Partners Wealth now owns 5,944 shares of the basic materials company's stock worth $556,000 after purchasing an additional 1,052 shares during the period. First Trust Advisors LP grew its holdings in Southern Copper by 37.4% in the second quarter. First Trust Advisors LP now owns 73,379 shares of the basic materials company's stock worth $7,424,000 after purchasing an additional 19,957 shares during the period. Finally, Baird Financial Group Inc. grew its holdings in Southern Copper by 17.7% in the second quarter. Baird Financial Group Inc. now owns 4,864 shares of the basic materials company's stock worth $492,000 after purchasing an additional 731 shares during the period. Hedge funds and other institutional investors own 7.94% of the company's stock.

Southern Copper Trading Up 2.2%

Shares of SCCO stock opened at $192.21 on Friday. Southern Copper Corporation has a 12-month low of $82.56 and a 12-month high of $223.88. The company has a current ratio of 3.89, a quick ratio of 3.40 and a debt-to-equity ratio of 0.61. The firm's 50 day moving average is $187.94 and its 200 day moving average is $158.80. The stock has a market capitalization of $157.44 billion, a P/E ratio of 36.13, a P/E/G ratio of 1.99 and a beta of 1.16.

Southern Copper (NYSE:SCCO - Get Free Report) last issued its earnings results on Wednesday, January 28th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.01. Southern Copper had a net margin of 32.30% and a return on equity of 41.97%. The company had revenue of $3.87 billion for the quarter, compared to analysts' expectations of $3.73 billion. During the same quarter last year, the company posted $0.98 earnings per share. Research analysts expect that Southern Copper Corporation will post 4.66 earnings per share for the current year.

Southern Copper Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 10th were issued a $1.00 dividend. This is an increase from Southern Copper's previous quarterly dividend of $0.90. This represents a $4.00 annualized dividend and a yield of 2.1%. The ex-dividend date was Tuesday, February 10th. Southern Copper's dividend payout ratio is 75.19%.

Insider Activity at Southern Copper

In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 193 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $174.60, for a total value of $33,697.80. Following the transaction, the director directly owned 1,707 shares in the company, valued at approximately $298,042.20. This trade represents a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lerdo De Tejada Leon Contreras sold 9,326 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $209.56, for a total transaction of $1,954,344.91. Following the completion of the transaction, the director owned 605 shares in the company, valued at $126,783.04. The trade was a 93.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 9,526 shares of company stock worth $1,989,373 in the last 90 days. 0.07% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on SCCO shares. Weiss Ratings restated a "buy (b)" rating on shares of Southern Copper in a report on Friday, March 27th. Itau BBA Securities downgraded shares of Southern Copper from a "market perform" rating to an "underperform" rating and set a $124.94 price target for the company. in a research report on Monday, December 22nd. Citigroup reissued a "sell" rating on shares of Southern Copper in a research report on Monday, January 12th. UBS Group reduced their price target on shares of Southern Copper from $150.00 to $140.00 and set a "sell" rating for the company in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. raised their price target on shares of Southern Copper from $117.50 to $127.00 and gave the company an "underweight" rating in a research report on Friday. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus price target of $145.19.

Southern Copper News Roundup

Here are the key news stories impacting Southern Copper this week:

• Positive Sentiment: Solid fundamentals — Southern Copper’s latest quarter beat expectations (EPS and revenue) and the company shows high margins and return on equity, which supports investor confidence and helps explain buying interest today.
• Positive Sentiment: Technicals and momentum — the stock is trading above its 50‑day and well above its 200‑day moving averages, and recent strong YTD/1‑year returns are attracting momentum flows that can lift the share price.
• Neutral Sentiment: Analyst upgrade to neutral — Goldman Sachs moved SCCO from "sell" to "neutral" with a $178 target; the upgrade is a vote of confidence on near‑term risk versus prior ratings but the target still implies modest downside versus the current price. Goldman Sachs upgrade
• Negative Sentiment: Permit revoked for Tía María — Peru pulled the permit for the US$1.8B Tía María copper mine, a long‑running Southern Copper project in Peru, creating direct project risk and potential loss of future production upside. This is a material country‑level headwind for SCCO’s Peruvian pipeline. Peru pulls permit for Tia María
• Negative Sentiment: Mixed analyst signals with downside bias — JPMorgan raised its price target but kept an "underweight" stance (PT to $127), and Morgan Stanley raised its PT but also retains an "underweight" view; both imply notable downside from current levels and add selling pressure/uncertainty. JPMorgan / Morgan Stanley notes
• Negative Sentiment: Valuation concern piece — recent commentary questioning whether SCCO “has run too far” highlights valuation risk after the stock’s large one‑year run; such narratives can temper further upside and encourage profit‑taking. Valuation analysis

Southern Copper Profile

Southern Copper Corporation NYSE: SCCO is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.

Southern Copper's operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities.

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