United Services Automobile Association Has $12.07 Million Stake in Compania de Minas Buenaventura SAA (BVN)

United Services Automobile Association lessened its position in Compania de Minas Buenaventura SAA (NYSE:BVN) by 17.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 900,000 shares of the mining company’s stock after selling 187,000 shares during the quarter. United Services Automobile Association owned 0.35% of Compania de Minas Buenaventura SAA worth $12,069,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in BVN. Commerzbank Aktiengesellschaft FI lifted its holdings in Compania de Minas Buenaventura SAA by 8.3% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 294,855 shares of the mining company’s stock valued at $4,019,000 after buying an additional 22,531 shares in the last quarter. Marathon Asset Management LLP lifted its holdings in Compania de Minas Buenaventura SAA by 0.4% during the 3rd quarter. Marathon Asset Management LLP now owns 1,014,919 shares of the mining company’s stock valued at $13,610,000 after buying an additional 4,164 shares in the last quarter. Pinebridge Investments L.P. lifted its holdings in Compania de Minas Buenaventura SAA by 11.8% during the 2nd quarter. Pinebridge Investments L.P. now owns 92,139 shares of the mining company’s stock valued at $1,256,000 after buying an additional 9,705 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in Compania de Minas Buenaventura SAA by 53.6% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 69,566 shares of the mining company’s stock valued at $948,000 after buying an additional 24,266 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in Compania de Minas Buenaventura SAA by 14.5% during the 3rd quarter. Bank of Montreal Can now owns 100,966 shares of the mining company’s stock valued at $1,354,000 after buying an additional 12,800 shares in the last quarter. Hedge funds and other institutional investors own 52.26% of the company’s stock.

Shares of BVN opened at $15.06 on Friday. Compania de Minas Buenaventura SAA has a 1-year low of $11.67 and a 1-year high of $16.80. The stock has a market cap of $3.74 billion, a P/E ratio of 40.70 and a beta of 0.84. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.88 and a quick ratio of 1.56.

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

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

A number of equities research analysts recently weighed in on BVN shares. ValuEngine upgraded shares of Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a report on Tuesday, October 2nd. Scotiabank set a $16.00 price objective on shares of Compania de Minas Buenaventura SAA and gave the company a “hold” rating in a report on Wednesday, October 31st. Finally, Zacks Investment Research upgraded shares of Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a report on Tuesday, October 16th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Compania de Minas Buenaventura SAA has a consensus rating of “Hold” and an average target price of $16.00.

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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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