Hsbc Holdings PLC Acquires 22,548 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Hsbc Holdings PLC boosted its position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 29.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,232 shares of the mining company's stock after buying an additional 22,548 shares during the period. Hsbc Holdings PLC's holdings in Compañía de Minas Buenaventura S.A.A. were worth $1,136,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BVN. Sequoia Financial Advisors LLC grew its stake in shares of Compañía de Minas Buenaventura S.A.A. 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 buying an additional 867 shares during the period. Mirae Asset Global Investments Co. Ltd. raised 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 valued at $58,000 after purchasing an additional 1,389 shares during the period. SG Americas Securities LLC lifted its holdings in Compañía de Minas Buenaventura S.A.A. by 7.7% in the 4th quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company's stock worth $249,000 after buying an additional 1,543 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 13.0% in the fourth quarter. Quadrant Capital Group LLC now owns 15,217 shares of the mining company's stock worth $175,000 after acquiring an additional 1,749 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in Compañía de Minas Buenaventura S.A.A. by 9.5% during the 4th quarter. Sei Investments Co. now owns 28,841 shares of the mining company's stock worth $332,000 after purchasing an additional 2,500 shares during the last quarter.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Scotiabank boosted their price objective on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a "sector perform" rating in a report on Monday, April 14th. StockNews.com 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. Stock Up 2.4 %

Shares of NYSE BVN traded up $0.35 during mid-day trading on Friday, reaching $15.05. The company had a trading volume of 151,308 shares, compared to its average volume of 1,184,182. 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. has a twelve month low of $11.50 and a twelve month high of $18.84. The stock's 50 day moving average is $14.51 and its 200-day moving average is $13.30. The stock has a market capitalization of $3.82 billion, a PE ratio of 10.67 and a beta of 0.42.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.07). The company had revenue of $299.59 million for the quarter, compared to analyst estimates of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. As a group, equities analysts anticipate 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 company also recently disclosed a semi-annual dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 16th will be paid a dividend of $0.2922 per share. This is a positive change from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. The ex-dividend date of this dividend is 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%.

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.