Royal London Asset Management Ltd. Buys New Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Royal London Asset Management Ltd. purchased a new position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 146,600 shares of the mining company’s stock, valued at approximately $1,689,000. Royal London Asset Management Ltd. owned 0.06% of Compañía de Minas Buenaventura S.A.A. as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Sequoia Financial Advisors LLC raised its stake in Compañía de Minas Buenaventura S.A.A. by 8.6% during the 4th 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 last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% during the fourth 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 during the last quarter. SG Americas Securities LLC lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 7.7% in the fourth 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. GAMMA Investing LLC grew its position in Compañía de Minas Buenaventura S.A.A. by 64.8% during the fourth quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company’s stock worth $112,000 after buying an additional 3,820 shares in the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter valued at about $56,000.

Wall Street Analysts Forecast Growth

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

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

Shares of Compañía de Minas Buenaventura S.A.A. stock opened at $15.40 on Tuesday. The firm has a market cap of $3.91 billion, a P/E ratio of 10.92 and a beta of 0.76. The firm’s 50-day simple moving average is $13.37 and its 200-day simple moving average is $13.01. Compañía de Minas Buenaventura S.A.A. has a twelve month low of $11.50 and a twelve month high of $18.84. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 earnings per share 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 company had revenue of $299.59 million for the quarter, compared to analyst estimates of $315.77 million. As a group, research analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

Compañía de Minas Buenaventura S.A.A. Company 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.