Swiss National Bank grew its stake in Compania de Minas Buenaventura SAA (NYSE:BVN) by 62.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 686,612 shares of the mining company’s stock after buying an additional 263,257 shares during the quarter. Swiss National Bank’s holdings in Compania de Minas Buenaventura SAA were worth $11,865,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Quantamental Technologies LLC bought a new stake in Compania de Minas Buenaventura SAA during the 1st quarter valued at approximately $78,000. Signaturefd LLC raised its stake in Compania de Minas Buenaventura SAA by 49.5% during the 1st quarter. Signaturefd LLC now owns 6,524 shares of the mining company’s stock valued at $113,000 after purchasing an additional 2,159 shares during the period. Advisor Group Inc. raised its stake in Compania de Minas Buenaventura SAA by 1,126.3% during the 1st quarter. Advisor Group Inc. now owns 6,867 shares of the mining company’s stock valued at $119,000 after purchasing an additional 6,307 shares during the period. Parallel Advisors LLC raised its stake in Compania de Minas Buenaventura SAA by 276.3% during the 4th quarter. Parallel Advisors LLC now owns 8,361 shares of the mining company’s stock valued at $135,000 after purchasing an additional 6,139 shares during the period. Finally, Alta Advisers Ltd bought a new stake in Compania de Minas Buenaventura SAA during the 4th quarter valued at approximately $202,000. Institutional investors own 59.56% of the company’s stock.

Several analysts recently issued reports on the company. Zacks Investment Research downgraded Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a research note on Friday, May 31st. Citigroup set a $20.00 price objective on Compania de Minas Buenaventura SAA and gave the stock a “buy” rating in a research note on Thursday, April 4th. JPMorgan Chase & Co. lifted their price objective on Compania de Minas Buenaventura SAA from $14.00 to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 19th. Goldman Sachs Group started coverage on Compania de Minas Buenaventura SAA in a research note on Tuesday, February 19th. They issued a “sell” rating on the stock. Finally, Morgan Stanley downgraded Compania de Minas Buenaventura SAA from an “overweight” rating to an “equal weight” rating in a research note on Monday, February 25th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Compania de Minas Buenaventura SAA has an average rating of “Hold” and an average price target of $17.50.

Shares of NYSE BVN traded down $0.07 during trading hours on Wednesday, hitting $15.70. 14,996 shares of the company traded hands, compared to its average volume of 1,195,176. The company has a market cap of $3.96 billion, a P/E ratio of 49.06 and a beta of 0.56. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.57 and a current ratio of 1.91. 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 released its earnings results on Tuesday, April 30th. The mining company reported $0.11 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.02. The firm had revenue of $186.20 million for the quarter, compared to the consensus estimate of $178.62 million. Compania de Minas Buenaventura SAA had a positive return on equity of 2.29% and a negative net margin of 0.87%. As a group, equities analysts predict that Compania de Minas Buenaventura SAA will post 0.63 EPS for the current year.

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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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