Skandinaviska Enskilda Banken AB publ Increases Stock Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 10.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,300 shares of the mining company’s stock after purchasing an additional 4,900 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $636,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth approximately $50,000. Point72 Hong Kong Ltd purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the third quarter worth $56,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% in 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 acquiring an additional 1,389 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at $63,000. Finally, R Squared Ltd acquired a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $74,000.

Compañía de Minas Buenaventura S.A.A. Trading Up 3.5 %

BVN opened at $15.36 on Tuesday. 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. has a one year low of $11.50 and a one year high of $18.84. The company has a market cap of $3.90 billion, a P/E ratio of 10.89 and a beta of 0.76. The business’s 50-day simple moving average is $13.08 and its 200-day simple moving average is $12.90.

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 EPS 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%. As a group, equities research analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BVN has been the topic of a number of recent research reports. 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 target price on the stock in a research note on Thursday, November 21st. StockNews.com lowered shares of Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a report on Monday, February 24th.

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.