Quantamental Technologies LLC Acquires Shares of 4,503 Compania de Minas Buenaventura SAA (BVN)

Quantamental Technologies LLC acquired a new position in Compania de Minas Buenaventura SAA (NYSE:BVN) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 4,503 shares of the mining company’s stock, valued at approximately $78,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Compania de Minas Buenaventura SAA by 115.2% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 187,755 shares of the mining company’s stock valued at $3,244,000 after purchasing an additional 100,500 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in Compania de Minas Buenaventura SAA by 19.5% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 24,738 shares of the mining company’s stock valued at $427,000 after purchasing an additional 4,041 shares during the period. Bank of Montreal Can raised its holdings in shares of Compania de Minas Buenaventura SAA by 6.9% in the first quarter. Bank of Montreal Can now owns 66,657 shares of the mining company’s stock worth $1,152,000 after buying an additional 4,291 shares during the period. BNP Paribas Arbitrage SA raised its holdings in shares of Compania de Minas Buenaventura SAA by 21.5% in the first quarter. BNP Paribas Arbitrage SA now owns 317,973 shares of the mining company’s stock worth $5,495,000 after buying an additional 56,165 shares during the period. Finally, Oldfield Partners LLP raised its holdings in shares of Compania de Minas Buenaventura SAA by 0.4% in the first quarter. Oldfield Partners LLP now owns 4,368,545 shares of the mining company’s stock worth $75,489,000 after buying an additional 19,100 shares during the period. 60.34% of the stock is owned by institutional investors.

Several brokerages have recently weighed in on BVN. Citigroup set a $20.00 price target on Compania de Minas Buenaventura SAA and gave the stock a “buy” rating in a report on Thursday, April 4th. Morgan Stanley downgraded Compania de Minas Buenaventura SAA from an “overweight” rating to an “equal weight” rating in a report on Monday, February 25th. JPMorgan Chase & Co. increased their price target on Compania de Minas Buenaventura SAA from $14.00 to $18.00 and gave the stock an “overweight” rating in a report on Tuesday, March 19th. Zacks Investment Research downgraded Compania de Minas Buenaventura SAA from a “hold” rating to a “sell” rating in a report on Monday, March 18th. Finally, Goldman Sachs Group began coverage on Compania de Minas Buenaventura SAA in a report on Tuesday, February 19th. They issued a “sell” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $18.00.

Shares of NYSE:BVN opened at $15.04 on Friday. Compania de Minas Buenaventura SAA has a 52-week low of $11.67 and a 52-week high of $17.78. The company has a market capitalization of $3.83 billion, a P/E ratio of 47.00 and a beta of 0.46. The company has a current ratio of 1.91, a quick ratio of 1.57 and a debt-to-equity ratio of 0.18.

Compania de Minas Buenaventura SAA (NYSE:BVN) last announced its quarterly earnings data on Thursday, February 21st. The mining company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.04). Compania de Minas Buenaventura SAA had a positive return on equity of 2.29% and a negative net margin of 0.87%. The firm had revenue of $256.02 million during the quarter, compared to the consensus estimate of $247.38 million. As a group, equities research analysts predict that Compania de Minas Buenaventura SAA will post 0.67 earnings per share for the current fiscal year.

The company also recently disclosed a semiannual dividend, which was paid on Friday, May 10th. Investors of record on Monday, April 15th were paid a $0.06 dividend. The ex-dividend date was Friday, April 12th. This represents a yield of 0.7%. Compania de Minas Buenaventura SAA’s dividend payout ratio (DPR) is currently 37.50%.

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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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