Pictet Asset Management Holding SA Cuts Stock Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Pictet Asset Management Holding SA lowered its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 270,075 shares of the mining company’s stock after selling 5,400 shares during the period. Pictet Asset Management Holding SA’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $3,111,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 23.9% during the fourth quarter. JPMorgan Chase & Co. now owns 2,103,645 shares of the mining company’s stock worth $24,234,000 after purchasing an additional 405,601 shares in the last quarter. Sagil Capital LLP increased its position in Compañía de Minas Buenaventura S.A.A. by 35.1% during the 4th quarter. Sagil Capital LLP now owns 1,658,518 shares of the mining company’s stock valued at $19,106,000 after buying an additional 430,960 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Compañía de Minas Buenaventura S.A.A. by 203.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,243,163 shares of the mining company’s stock valued at $17,205,000 after buying an additional 833,819 shares in the last quarter. Geode Capital Management LLC raised its stake in Compañía de Minas Buenaventura S.A.A. by 2.2% in the third quarter. Geode Capital Management LLC now owns 964,014 shares of the mining company’s stock valued at $13,225,000 after buying an additional 20,899 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 35.9% in the third quarter. Jane Street Group LLC now owns 958,956 shares of the mining company’s stock worth $13,272,000 after acquiring an additional 253,421 shares in the last quarter.

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

Shares of BVN opened at $13.35 on Friday. The company’s fifty day moving average price is $13.78 and its 200-day moving average price is $13.18. 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 firm has a market capitalization of $3.39 billion, a PE ratio of 9.46 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 the consensus estimate of $0.20 by ($0.07). The firm 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 return on equity of 6.15% and a net margin of 32.40%. On average, equities research analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

Wall Street Analyst Weigh In

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.

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.