Bank of New York Mellon Corp Acquires 28,261 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Bank of New York Mellon Corp lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 16.7% during the 4th quarter, Holdings Channel reports. The firm owned 197,202 shares of the mining company’s stock after purchasing an additional 28,261 shares during the quarter. Bank of New York Mellon Corp’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $2,272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Atria Investments Inc raised its stake in Compañía de Minas Buenaventura S.A.A. by 19.1% during the 3rd quarter. Atria Investments Inc now owns 25,211 shares of the mining company’s stock worth $349,000 after buying an additional 4,048 shares during the period. Citigroup Inc. raised its stake in Compañía de Minas Buenaventura S.A.A. by 4.2% during the 3rd quarter. Citigroup Inc. now owns 381,706 shares of the mining company’s stock worth $5,283,000 after buying an additional 15,302 shares during the period. Sagil Capital LLP acquired a new position in Compañía de Minas Buenaventura S.A.A. during the 3rd quarter worth approximately $16,989,000. Quantbot Technologies LP raised its stake in Compañía de Minas Buenaventura S.A.A. by 1,666.8% during the 3rd quarter. Quantbot Technologies LP now owns 117,176 shares of the mining company’s stock worth $1,622,000 after buying an additional 110,544 shares during the period. Finally, FMR LLC raised its stake in Compañía de Minas Buenaventura S.A.A. by 245.4% during the 3rd quarter. FMR LLC now owns 17,552 shares of the mining company’s stock worth $243,000 after buying an additional 12,471 shares during the period.

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

Shares of NYSE BVN opened at $15.47 on Friday. The stock has a market cap of $3.92 billion, a PE ratio of 10.97 and a beta of 0.76. Compañía de Minas Buenaventura S.A.A. has a fifty-two week low of $11.50 and a fifty-two week 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. The stock has a fifty day moving average of $13.31 and a 200-day moving average of $12.98.

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

Analyst Ratings Changes

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

About Compañía de Minas Buenaventura S.A.A.

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.