Parametric Portfolio Associates LLC lifted its holdings in Compania de Minas Buenaventura SAA (NYSE:BVN) by 1.4% during the first quarter, Holdings Channel reports. The institutional investor owned 1,726,120 shares of the mining company’s stock after acquiring an additional 23,777 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in Compania de Minas Buenaventura SAA were worth $29,827,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. QS Investors LLC boosted its stake in shares of Compania de Minas Buenaventura SAA by 2.0% in the 4th quarter. QS Investors LLC now owns 35,870 shares of the mining company’s stock worth $582,000 after buying an additional 700 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of Compania de Minas Buenaventura SAA by 1.1% in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 82,900 shares of the mining company’s stock worth $1,433,000 after buying an additional 900 shares during the last quarter. Comerica Bank boosted its stake in shares of Compania de Minas Buenaventura SAA by 9.1% in the 1st quarter. Comerica Bank now owns 17,505 shares of the mining company’s stock worth $302,000 after buying an additional 1,457 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of Compania de Minas Buenaventura SAA by 0.5% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 647,370 shares of the mining company’s stock worth $11,187,000 after buying an additional 3,014 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Compania de Minas Buenaventura SAA by 0.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 380,221 shares of the mining company’s stock worth $6,158,000 after buying an additional 3,319 shares during the last quarter. Hedge funds and other institutional investors own 59.56% of the company’s stock.

NYSE:BVN opened at $15.17 on Friday. The company has a current ratio of 1.91, a quick ratio of 1.57 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $3.72 billion, a P/E ratio of 47.41 and a beta of 0.46. Compania de Minas Buenaventura SAA has a 12 month low of $11.67 and a 12 month high of $17.78.

Compania de Minas Buenaventura SAA (NYSE:BVN) last posted its quarterly earnings results on Tuesday, April 30th. The mining company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. The company had revenue of $186.20 million for the quarter, compared to analysts’ expectations of $178.62 million. Compania de Minas Buenaventura SAA had a negative net margin of 0.87% and a positive return on equity of 2.29%. As a group, sell-side analysts expect that Compania de Minas Buenaventura SAA will post 0.63 EPS for the current year.

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

A number of research firms recently commented on BVN. Zacks Investment Research raised shares of Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Monday, May 27th. Citigroup set a $20.00 price target on shares of Compania de Minas Buenaventura SAA and gave the stock a “buy” rating in a report on Thursday, April 4th. Morgan Stanley cut shares of Compania de Minas Buenaventura SAA from an “overweight” rating to an “equal weight” rating in a report on Monday, February 25th. JPMorgan Chase & Co. lifted their price target on shares of 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. Finally, Goldman Sachs Group began coverage on shares of 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 assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $17.50.

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Compania de Minas Buenaventura SAA Company 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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