Qtron Investments LLC Invests $252,000 in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Qtron Investments LLC purchased a new stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 21,909 shares of the mining company’s stock, valued at approximately $252,000.

Several other hedge funds also recently modified their holdings of the stock. FMR LLC increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 245.4% during the third quarter. FMR LLC now owns 17,552 shares of the mining company’s stock valued at $243,000 after acquiring an additional 12,471 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 132.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,168 shares of the mining company’s stock valued at $127,000 after purchasing an additional 5,229 shares during the last quarter. HighTower Advisors LLC bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 3rd quarter worth $341,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth about $382,000. Finally, Public Employees Retirement System of Ohio bought a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter valued at about $148,000.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of 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. Stock Performance

Shares of BVN opened at $14.82 on Monday. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 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 stock’s fifty day moving average price is $13.91 and its two-hundred day moving average price is $13.17. The firm has a market cap of $3.76 billion, a PE ratio of 10.51 and a beta of 0.37.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). The firm had revenue of $299.59 million during the quarter, compared to the consensus estimate 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%. On average, equities research analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

Compañía de Minas Buenaventura S.A.A. Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 16th will be paid a dividend of $0.2922 per share. This is a boost from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07. This represents a dividend yield of 0.5%. The ex-dividend date is Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.’s dividend payout ratio is presently 22.15%.

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.