Pictet Asset Management Holding SA Reduces Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Pictet Asset Management Holding SA reduced its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 270,075 shares of the mining company’s stock after selling 5,400 shares during the quarter. Pictet Asset Management Holding SA owned 0.11% of Compañía de Minas Buenaventura S.A.A. worth $3,111,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 8.6% during the fourth quarter. Sequoia Financial Advisors LLC now owns 10,977 shares of the mining company’s stock valued at $126,000 after purchasing an additional 867 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in 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 buying an additional 1,389 shares in the last quarter. SG Americas Securities LLC boosted its position in Compañía de Minas Buenaventura S.A.A. by 7.7% in the 4th quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company’s stock valued at $249,000 after buying an additional 1,543 shares during the period. Sei Investments Co. grew its stake in Compañía de Minas Buenaventura S.A.A. by 9.5% in the 4th quarter. Sei Investments Co. now owns 28,841 shares of the mining company’s stock worth $332,000 after acquiring an additional 2,500 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in Compañía de Minas Buenaventura S.A.A. by 64.8% in the 4th quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company’s stock worth $112,000 after acquiring an additional 3,820 shares in the last quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a research note on Monday, February 24th.

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

BVN opened at $13.35 on Friday. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 9.46 and a beta of 0.37. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a 12-month low of $11.50 and a 12-month high of $18.84. The business’s fifty day simple moving average is $13.78 and its 200-day simple moving average is $13.18.

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

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.