Oldfield Partners LLP Sells 85,300 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Oldfield Partners LLP reduced its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 14.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 522,320 shares of the mining company’s stock after selling 85,300 shares during the quarter. Compañía de Minas Buenaventura S.A.A. comprises about 1.7% of Oldfield Partners LLP’s portfolio, making the stock its 12th largest position. Oldfield Partners LLP owned about 0.21% of Compañía de Minas Buenaventura S.A.A. worth $6,017,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. R Squared Ltd acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at approximately $74,000. Matthews International Capital Management LLC acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at approximately $290,000. Blue Trust Inc. boosted its position in Compañía de Minas Buenaventura S.A.A. by 20.9% during the 4th quarter. Blue Trust Inc. now owns 55,843 shares of the mining company’s stock worth $643,000 after buying an additional 9,666 shares during the period. SG Americas Securities LLC boosted its position in Compañía de Minas Buenaventura S.A.A. by 7.7% during the 4th quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company’s stock worth $249,000 after buying an additional 1,543 shares during the period. Finally, GAMMA Investing LLC boosted its position in Compañía de Minas Buenaventura S.A.A. by 64.8% during the 4th 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 during the period.

Compañía de Minas Buenaventura S.A.A. Stock Up 0.1 %

Shares of NYSE BVN opened at $12.55 on Wednesday. Compañía de Minas Buenaventura S.A.A. has a one year low of $11.50 and a one year high of $18.84. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. The firm’s 50 day simple moving average is $12.47 and its two-hundred day simple moving average is $13.27. The stock has a market capitalization of $3.18 billion, a P/E ratio of 8.82 and a beta of 0.81.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its quarterly earnings results on Wednesday, October 30th. The mining company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. The company had revenue of $331.11 million during the quarter, compared to analyst estimates of $332.94 million. During the same quarter last year, the firm posted ($0.11) earnings per share. As a group, analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BVN. Scotiabank upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target on the stock in a research report on Thursday, November 21st. StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, December 27th.

Compañía de Minas Buenaventura S.A.A. 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.