Jump Financial LLC Sells 152,252 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Jump Financial LLC reduced its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 77.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,886 shares of the mining company's stock after selling 152,252 shares during the quarter. Jump Financial LLC's holdings in Compañía de Minas Buenaventura S.A.A. were worth $506,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. FIL Ltd increased its stake in Compañía de Minas Buenaventura S.A.A. by 810.7% in the fourth quarter. FIL Ltd now owns 2,635,020 shares of the mining company's stock valued at $30,355,000 after acquiring an additional 2,345,676 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 23.9% in the 4th quarter. JPMorgan Chase & Co. now owns 2,103,645 shares of the mining company's stock valued at $24,234,000 after purchasing an additional 405,601 shares during the last quarter. Sagil Capital LLP increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 35.1% in the 4th quarter. Sagil Capital LLP now owns 1,658,518 shares of the mining company's stock valued at $19,106,000 after purchasing an additional 430,960 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 1,002,441 shares of the mining company's stock worth $11,472,000 after buying an additional 38,427 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Compañía de Minas Buenaventura S.A.A. by 5.5% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 381,561 shares of the mining company's stock worth $4,396,000 after buying an additional 20,000 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have commented on BVN shares. Scotiabank boosted their target price on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the stock 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.

Compañía de Minas Buenaventura S.A.A. Trading Down 0.6 %

BVN traded down $0.09 during trading on Wednesday, reaching $14.09. 3,735,134 shares of the stock traded hands, compared to its average volume of 1,176,161. The stock's 50-day moving average is $14.28 and its 200 day moving average is $13.25. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $11.50 and a 12 month high of $18.84. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $3.57 billion, a PE ratio of 9.99 and a beta of 0.37.

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 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. The company had revenue of $299.59 million for the quarter, compared to analyst estimates of $315.77 million. Equities analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current year.

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

The company also recently announced a semi-annual dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 16th will be given a $0.2922 dividend. This represents a yield of 0.5%. 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 is Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.'s payout ratio is presently 17.72%.

Compañía de Minas Buenaventura S.A.A. 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.