Caisse DE Depot ET Placement DU Quebec Reduces Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Caisse DE Depot ET Placement DU Quebec trimmed its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 53.3% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 83,810 shares of the mining company’s stock after selling 95,500 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $1,160,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Ashton Thomas Private Wealth LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at $35,000. EverSource Wealth Advisors LLC increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock valued at $42,000 after purchasing an additional 1,054 shares during the last quarter. Employees Retirement System of Texas bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth approximately $47,000. Headlands Technologies LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter worth approximately $80,000. Finally, GAMMA Investing LLC grew its position in Compañía de Minas Buenaventura S.A.A. by 16.8% during the second quarter. GAMMA Investing LLC now owns 4,968 shares of the mining company’s stock valued at $84,000 after buying an additional 716 shares during the period.

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

Shares of NYSE BVN opened at $12.18 on Wednesday. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $8.86 and a 1 year high of $18.84. The firm has a fifty day moving average price of $13.03 and a 200-day moving average price of $14.63. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17.

Wall Street Analyst Weigh In

BVN has been the topic of several analyst reports. Morgan Stanley dropped their price target on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, September 19th. Scotiabank raised Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target for the company in a report on Thursday, November 21st. Finally, StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, November 22nd.

About Compañía de Minas Buenaventura S.A.A.

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.