Quantbot Technologies LP Cuts Stock Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Quantbot Technologies LP lessened its stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 59.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,304 shares of the mining company’s stock after selling 69,872 shares during the quarter. Quantbot Technologies LP’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $545,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in BVN. SBI Securities Co. Ltd. acquired a new position in Compañía de Minas Buenaventura S.A.A. during the fourth quarter valued at approximately $50,000. Point72 Hong Kong Ltd purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter valued at $56,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company’s stock valued at $58,000 after acquiring an additional 1,389 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $63,000. Finally, R Squared Ltd acquired a new stake in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at $74,000.

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

Shares of NYSE:BVN opened at $15.79 on Friday. The company has a market cap of $4.00 billion, a PE ratio of 11.20 and a beta of 0.76. Compañía de Minas Buenaventura S.A.A. has a fifty-two week low of $11.50 and a fifty-two week high of $18.84. The firm has a 50-day simple moving average of $13.53 and a 200 day simple moving average of $13.07. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.07). The firm had revenue of $299.59 million for the quarter, compared to analyst estimates of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. On average, sell-side analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a report on Monday, February 24th.

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.