Allianz Asset Management GmbH trimmed its stake in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 6.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,026,253 shares of the mining company’s stock after selling 65,000 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.40% of Compania de Minas Buenaventura SAA worth $13,762,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. BlackRock Inc. grew its position in Compania de Minas Buenaventura SAA by 4.9% during the 3rd quarter. BlackRock Inc. now owns 15,505,739 shares of the mining company’s stock worth $207,932,000 after acquiring an additional 722,222 shares during the last quarter. Van ECK Associates Corp grew its position in Compania de Minas Buenaventura SAA by 12.8% during the 2nd quarter. Van ECK Associates Corp now owns 14,681,652 shares of the mining company’s stock worth $200,111,000 after acquiring an additional 1,671,451 shares during the last quarter. FMR LLC grew its position in Compania de Minas Buenaventura SAA by 19.2% during the 3rd quarter. FMR LLC now owns 12,965,401 shares of the mining company’s stock worth $173,866,000 after acquiring an additional 2,092,676 shares during the last quarter. Oldfield Partners LLP grew its position in Compania de Minas Buenaventura SAA by 13.2% during the 3rd quarter. Oldfield Partners LLP now owns 5,038,275 shares of the mining company’s stock worth $67,563,000 after acquiring an additional 589,330 shares during the last quarter. Finally, Credit Suisse AG grew its position in Compania de Minas Buenaventura SAA by 9.8% during the 3rd quarter. Credit Suisse AG now owns 1,799,341 shares of the mining company’s stock worth $24,128,000 after acquiring an additional 160,138 shares during the last quarter. Institutional investors and hedge funds own 52.26% of the company’s stock.

Several equities analysts recently issued reports on BVN shares. ValuEngine lowered Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a research report on Wednesday, August 15th. Scotiabank set a $16.00 price target on Compania de Minas Buenaventura SAA and gave the stock a “hold” rating in a research report on Wednesday, October 31st. Finally, Zacks Investment Research upgraded Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $16.00.

Shares of BVN stock opened at $15.06 on Monday. The company has a market capitalization of $3.83 billion, a PE ratio of 40.70 and a beta of 0.84. Compania de Minas Buenaventura SAA has a fifty-two week low of $11.67 and a fifty-two week high of $16.80. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.56 and a current ratio of 1.88.

Compania de Minas Buenaventura SAA (NYSE:BVN) last issued its quarterly earnings data on Thursday, October 25th. The mining company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.19). The business had revenue of $271.85 million during the quarter. Compania de Minas Buenaventura SAA had a return on equity of 3.31% and a net margin of 5.28%. Research analysts forecast that Compania de Minas Buenaventura SAA will post 0.38 earnings per share for the current year.

The firm also recently disclosed a semiannual dividend, which was paid on Friday, December 7th. Stockholders of record on Friday, November 16th were given a $0.06 dividend. This is a positive change from Compania de Minas Buenaventura SAA’s previous semiannual dividend of $0.02. This represents a dividend yield of 0.85%. The ex-dividend date was Thursday, November 15th. Compania de Minas Buenaventura SAA’s dividend payout ratio (DPR) is currently 32.43%.

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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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