15,505 Shares in Buenaventura Mining Company Inc. $BVN Purchased by Centiva Capital LP

Centiva Capital LP acquired a new stake in Buenaventura Mining Company Inc. (NYSE:BVN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,505 shares of the mining company’s stock, valued at approximately $377,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BVN. JPMorgan Chase & Co. lifted its holdings in Buenaventura Mining by 20.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,291,838 shares of the mining company’s stock worth $37,632,000 after buying an additional 391,465 shares during the last quarter. Sprott Inc. bought a new stake in shares of Buenaventura Mining in the 3rd quarter valued at approximately $25,647,000. William Blair Investment Management LLC bought a new stake in shares of Buenaventura Mining in the 3rd quarter valued at approximately $8,509,000. APG Asset Management N.V. raised its position in shares of Buenaventura Mining by 125.6% during the 3rd quarter. APG Asset Management N.V. now owns 91,787 shares of the mining company’s stock valued at $2,233,000 after acquiring an additional 51,100 shares in the last quarter. Finally, Compound Planning Inc. bought a new position in Buenaventura Mining during the third quarter worth $813,000.

Buenaventura Mining Trading Up 2.4%

Shares of NYSE BVN opened at $36.10 on Tuesday. Buenaventura Mining Company Inc. has a 12-month low of $12.56 and a 12-month high of $44.67. The company has a market cap of $9.16 billion, a price-to-earnings ratio of 11.72 and a beta of 0.26. The company has a current ratio of 2.27, a quick ratio of 2.05 and a debt-to-equity ratio of 0.18. The stock’s 50 day simple moving average is $37.04 and its 200 day simple moving average is $28.65.

Buenaventura Mining (NYSE:BVN) last issued its quarterly earnings data on Thursday, February 26th. The mining company reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $1.03. Buenaventura Mining had a return on equity of 21.09% and a net margin of 45.17%.The firm had revenue of $623.40 million during the quarter, compared to the consensus estimate of $451.60 million. Equities research analysts expect that Buenaventura Mining Company Inc. will post 1.13 EPS for the current year.

Wall Street Analysts Forecast Growth

BVN has been the subject of a number of research reports. Wall Street Zen raised shares of Buenaventura Mining from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Zacks Research raised shares of Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Scotiabank raised their price target on shares of Buenaventura Mining from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Buenaventura Mining in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $44.00.

Buenaventura Mining Company Profile

Compañía de Minas Buenaventura SAA. (NYSE: BVN) is one of Peru’s leading precious metals producers, primarily engaged in the exploration, development and operation of gold, silver and base metal mines. Headquartered in Lima, the company’s core activities cover the entire mining cycle from concession acquisition and project evaluation to extraction, milling and metal refining. Buenaventura also holds interests in smelting, refining and trading services, enabling it to market its products both domestically and internationally.

The company’s principal assets include several operating mines in Peru such as Uchucchacua (silver-lead-zinc), Orcopampa (gold-silver) and the Tambomayo gold mine.