Geode Capital Management LLC Grows Stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Geode Capital Management LLC lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 4.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,002,441 shares of the mining company's stock after acquiring an additional 38,427 shares during the period. Geode Capital Management LLC owned approximately 0.40% of Compañía de Minas Buenaventura S.A.A. worth $11,472,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 23.9% during the 4th quarter. JPMorgan Chase & Co. now owns 2,103,645 shares of the mining company's stock worth $24,234,000 after acquiring an additional 405,601 shares during the last quarter. Sagil Capital LLP lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 35.1% during the 4th quarter. Sagil Capital LLP now owns 1,658,518 shares of the mining company's stock worth $19,106,000 after acquiring an additional 430,960 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in Compañía de Minas Buenaventura S.A.A. by 5.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 381,561 shares of the mining company's stock worth $4,396,000 after purchasing an additional 20,000 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in Compañía de Minas Buenaventura S.A.A. by 8.0% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 204,046 shares of the mining company's stock valued at $2,351,000 after buying an additional 15,072 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of Compañía de Minas Buenaventura S.A.A. by 16.7% during 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.

Compañía de Minas Buenaventura S.A.A. Trading Down 1.4 %

BVN stock traded down $0.20 during trading on Monday, hitting $14.37. 1,756,693 shares of the company traded hands, compared to its average volume of 1,173,168. The firm has a market capitalization of $3.65 billion, a PE ratio of 10.19 and a beta of 0.37. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.84. The company has a 50-day moving average of $14.23 and a 200-day moving average of $13.24. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last issued its earnings results 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). Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. The company had revenue of $299.59 million for the quarter, compared to analysts' expectations of $315.77 million. Analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

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

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, May 12th. Shareholders of record on Wednesday, April 16th will be issued a $0.2922 dividend. The ex-dividend date is Wednesday, April 16th. This represents a yield of 0.5%. This is a boost from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio (DPR) is 17.72%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Scotiabank boosted their target price on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a "sector perform" rating in a research note on Monday, April 14th. StockNews.com cut Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a report on Monday, February 24th.

About Compañía de Minas Buenaventura S.A.A.

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.