3,856 Shares in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Bought by GAMMA Investing LLC

GAMMA Investing LLC bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) in the fourth quarter, Holdings Channel reports. The fund bought 3,856 shares of the mining company’s stock, valued at approximately $58,000.

Several other hedge funds also recently added to or reduced their stakes in BVN. International Assets Investment Management LLC purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter worth about $174,000. Citigroup Inc. boosted its position in Compañía de Minas Buenaventura S.A.A. by 9.8% in the 3rd quarter. Citigroup Inc. now owns 12,193,046 shares of the mining company’s stock worth $103,885,000 after purchasing an additional 1,083,419 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Compañía de Minas Buenaventura S.A.A. by 249.1% during the 4th quarter. Blue Trust Inc. now owns 8,081 shares of the mining company’s stock worth $123,000 after purchasing an additional 5,766 shares during the period. Fox Run Management L.L.C. grew its stake in shares of Compañía de Minas Buenaventura S.A.A. by 170.8% during the 3rd quarter. Fox Run Management L.L.C. now owns 35,101 shares of the mining company’s stock worth $299,000 after purchasing an additional 22,139 shares during the period. Finally, TSP Capital Management Group LLC increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 12.8% during the 4th quarter. TSP Capital Management Group LLC now owns 1,300,326 shares of the mining company’s stock valued at $19,817,000 after purchasing an additional 147,900 shares in the last quarter.

Analyst Ratings Changes

Several analysts recently commented on BVN shares. StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “sell” rating to a “hold” rating in a research report on Wednesday. Morgan Stanley cut Compañía de Minas Buenaventura S.A.A. from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, March 12th. Finally, Scotiabank upped their price target on Compañía de Minas Buenaventura S.A.A. from $13.00 to $15.00 and gave the stock a “sector underperform” rating in a report on Wednesday.

Compañía de Minas Buenaventura S.A.A. Price Performance

Compañía de Minas Buenaventura S.A.A. stock opened at $16.60 on Thursday. The stock has a market capitalization of $4.22 billion, a P/E ratio of 237.14 and a beta of 0.88. The company’s fifty day moving average price is $16.22 and its 200 day moving average price is $13.50. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.14 and a current ratio of 1.31. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $6.45 and a 1 year high of $17.86.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its earnings results on Monday, April 29th. The mining company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.13. Compañía de Minas Buenaventura S.A.A. had a net margin of 2.41% and a return on equity of 0.84%. The business had revenue of $246.80 million for the quarter, compared to analyst estimates of $171.25 million. As a group, equities research analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1 earnings per share for the current fiscal year.

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

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, May 10th. Shareholders of record on Thursday, April 18th will be paid a dividend of $0.0726 per share. The ex-dividend date is Wednesday, April 17th. This represents a yield of 0.5%. Compañía de Minas Buenaventura S.A.A.’s dividend payout ratio (DPR) is currently 100.00%.

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.