Compania de Minas Buenaventura SAA (BVN) Position Reduced by Northern Trust Corp

Northern Trust Corp trimmed its holdings in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 6.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,563,940 shares of the mining company’s stock after selling 109,273 shares during the quarter. Northern Trust Corp owned about 0.62% of Compania de Minas Buenaventura SAA worth $21,316,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of BVN. JPMorgan Chase & Co. grew its position in Compania de Minas Buenaventura SAA by 13.1% during the first quarter. JPMorgan Chase & Co. now owns 222,946 shares of the mining company’s stock worth $3,395,000 after buying an additional 25,830 shares in the last quarter. Cubist Systematic Strategies LLC boosted its holdings in shares of Compania de Minas Buenaventura SAA by 25.5% in the 1st quarter. Cubist Systematic Strategies LLC now owns 19,110 shares of the mining company’s stock worth $291,000 after purchasing an additional 3,877 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of Compania de Minas Buenaventura SAA by 19.7% in the 1st quarter. Legal & General Group Plc now owns 1,192,351 shares of the mining company’s stock worth $18,159,000 after purchasing an additional 196,486 shares in the last quarter. Calamos Advisors LLC purchased a new position in shares of Compania de Minas Buenaventura SAA in the 2nd quarter worth about $2,081,000. Finally, BNP Paribas Arbitrage SA boosted its holdings in shares of Compania de Minas Buenaventura SAA by 14.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 389,808 shares of the mining company’s stock worth $5,313,000 after purchasing an additional 49,705 shares in the last quarter. Institutional investors and hedge funds own 51.49% of the company’s stock.

BVN has been the subject of a number of research reports. Scotiabank reiterated a “hold” rating and issued a $16.00 price objective on shares of Compania de Minas Buenaventura SAA in a report on Tuesday, July 17th. ValuEngine upgraded Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a report on Tuesday, October 2nd. Zacks Investment Research upgraded Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a report on Tuesday, October 16th. Finally, TheStreet cut Compania de Minas Buenaventura SAA from a “b-” rating to a “c+” rating in a report on Thursday, July 12th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Compania de Minas Buenaventura SAA presently has an average rating of “Hold” and an average price target of $16.00.



BVN opened at $13.98 on Tuesday. Compania de Minas Buenaventura SAA has a 12-month low of $11.67 and a 12-month high of $16.80. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.20 and a quick ratio of 1.80. The stock has a market capitalization of $3.52 billion, a PE ratio of 37.78 and a beta of 1.05.

Compania de Minas Buenaventura SAA (NYSE:BVN) last posted its quarterly earnings data on Thursday, October 25th. The mining company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.19). The firm had revenue of $271.85 million during the quarter. Compania de Minas Buenaventura SAA had a return on equity of 3.31% and a net margin of 5.28%. As a group, equities research analysts expect that Compania de Minas Buenaventura SAA will post 0.63 EPS for the current year.

Compania de Minas Buenaventura SAA Profile

Compañía de Minas Buenaventura SAA., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru, the United States, Europe, and Asia. The company operates five operating mining units, including Uchucchacua, Orcopampa, Julcani, Mallay, and Tambomayo in Peru; and San Gabriel, a mining unit under development stage.

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Institutional Ownership by Quarter for Compania de Minas Buenaventura SAA (NYSE:BVN)

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