Russell Investments Group Ltd. Increases Stock Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Russell Investments Group Ltd. boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 162.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,008 shares of the mining company's stock after acquiring an additional 21,659 shares during the quarter. Russell Investments Group Ltd.'s holdings in Compañía de Minas Buenaventura S.A.A. were worth $417,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Aviva PLC increased its stake in Compañía de Minas Buenaventura S.A.A. by 2.2% during the fourth quarter. Aviva PLC now owns 120,609 shares of the mining company's stock worth $1,389,000 after acquiring an additional 2,600 shares during the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth $484,000. Geode Capital Management LLC increased its stake in Compañía de Minas Buenaventura S.A.A. by 4.0% during the fourth quarter. Geode Capital Management LLC now owns 1,002,441 shares of the mining company's stock worth $11,472,000 after acquiring an additional 38,427 shares during the last quarter. Sagil Capital LLP increased its stake in Compañía de Minas Buenaventura S.A.A. by 35.1% during the fourth 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. Finally, JPMorgan Chase & Co. grew its stake in shares of Compañía de Minas Buenaventura S.A.A. by 23.9% in the fourth quarter. JPMorgan Chase & Co. now owns 2,103,645 shares of the mining company's stock valued at $24,234,000 after buying an additional 405,601 shares in the last quarter.

Compañía de Minas Buenaventura S.A.A. Stock Down 1.6 %

NYSE BVN traded down $0.24 during trading hours on Tuesday, hitting $14.15. 94,063 shares of the company were exchanged, compared to its average volume of 1,169,064. 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 firm has a market cap of $3.59 billion, a price-to-earnings ratio of 10.03 and a beta of 0.37. The company has a 50 day moving average of $14.23 and a two-hundred day moving average of $13.24. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.50 and a 52-week high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates 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 firm had revenue of $299.59 million for the quarter, compared to analysts' expectations of $315.77 million. Equities research 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 paid a dividend of $0.2922 per share. This represents a dividend 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 of this dividend is Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio is presently 17.72%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Scotiabank lifted 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 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 research note on Monday, February 24th.

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.