Compania de Minas Buenaventura SAA (NYSE:BVN) Shares Sold by Deltec Asset Management LLC

Deltec Asset Management LLC trimmed its holdings in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 12.9% during the third quarter, Holdings Channel reports. The firm owned 40,500 shares of the mining company’s stock after selling 6,000 shares during the quarter. Deltec Asset Management LLC’s holdings in Compania de Minas Buenaventura SAA were worth $615,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Compania de Minas Buenaventura SAA in the second quarter worth about $77,000. Voloridge Investment Management LLC bought a new position in shares of Compania de Minas Buenaventura SAA during the second quarter worth about $170,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Compania de Minas Buenaventura SAA during the second quarter worth about $173,000. NumerixS Investment Technologies Inc raised its position in shares of Compania de Minas Buenaventura SAA by 181.6% during the second quarter. NumerixS Investment Technologies Inc now owns 10,700 shares of the mining company’s stock worth $178,000 after acquiring an additional 6,900 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its position in shares of Compania de Minas Buenaventura SAA by 16.2% during the second quarter. Nomura Asset Management Co. Ltd. now owns 12,900 shares of the mining company’s stock worth $215,000 after acquiring an additional 1,800 shares during the last quarter. 61.17% of the stock is currently owned by institutional investors.

NYSE:BVN opened at $13.98 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.44 and a current ratio of 1.77. The stock has a market capitalization of $3.51 billion, a P/E ratio of 43.69 and a beta of 0.41. The company has a 50 day moving average price of $14.68 and a 200 day moving average price of $15.50. Compania de Minas Buenaventura SAA has a fifty-two week low of $13.46 and a fifty-two week high of $17.85.

Compania de Minas Buenaventura SAA (NYSE:BVN) last posted its quarterly earnings data on Thursday, July 25th. The mining company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.04). The company had revenue of $216.15 million for the quarter, compared to analysts’ expectations of $259.47 million. Compania de Minas Buenaventura SAA had a positive return on equity of 1.37% and a negative net margin of 4.37%. Research analysts forecast that Compania de Minas Buenaventura SAA will post 0.46 earnings per share for the current fiscal year.

BVN has been the topic of several recent research reports. Zacks Investment Research raised shares of Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a report on Monday, August 26th. ValuEngine cut shares of Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $17.50.

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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