Artisan Partners Limited Partnership Has $30.24 Million Holdings in Buenaventura Mining Company Inc. $BVN

Artisan Partners Limited Partnership grew its stake in Buenaventura Mining Company Inc. (NYSE:BVN) by 2.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,242,845 shares of the mining company’s stock after acquiring an additional 25,469 shares during the period. Artisan Partners Limited Partnership owned 0.49% of Buenaventura Mining worth $30,238,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Diversify Wealth Management LLC acquired a new stake in shares of Buenaventura Mining in the third quarter valued at approximately $1,604,000. Intech Investment Management LLC boosted its position in Buenaventura Mining by 11.2% in the 3rd quarter. Intech Investment Management LLC now owns 24,696 shares of the mining company’s stock valued at $601,000 after buying an additional 2,496 shares during the last quarter. Compound Planning Inc. acquired a new stake in shares of Buenaventura Mining in the 3rd quarter valued at $813,000. Personal CFO Solutions LLC acquired a new stake in shares of Buenaventura Mining in the 3rd quarter valued at $310,000. Finally, Beverly Hills Private Wealth LLC bought a new stake in shares of Buenaventura Mining during the third quarter worth $218,000.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on BVN shares. Scotiabank decreased their price target on Buenaventura Mining from $27.50 to $27.00 and set a “sector perform” rating on the stock in a report on Wednesday, November 19th. Wall Street Zen upgraded shares of Buenaventura Mining from a “hold” rating to a “buy” rating in a research report on Sunday. Zacks Research raised shares of Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Buenaventura Mining in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Buenaventura Mining presently has a consensus rating of “Buy” and an average target price of $27.00.

Buenaventura Mining Price Performance

Buenaventura Mining stock opened at $43.48 on Friday. The company has a current ratio of 2.27, a quick ratio of 2.05 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $11.03 billion, a P/E ratio of 14.12 and a beta of 0.31. The business has a 50-day moving average of $35.03 and a 200-day moving average of $27.08. Buenaventura Mining Company Inc. has a 1 year low of $12.45 and a 1 year high of $44.67.

Buenaventura Mining (NYSE:BVN) last released its quarterly earnings data on Thursday, February 26th. The mining company reported $1.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $1.03. The business had revenue of $623.40 million for the quarter, compared to analyst estimates of $451.60 million. Buenaventura Mining had a net margin of 30.70% and a return on equity of 11.76%. On average, equities analysts anticipate that Buenaventura Mining Company Inc. will post 1.13 EPS for the current year.

Buenaventura Mining Profile

Compañía de Minas Buenaventura SAA. (NYSE: BVN) is one of Peru’s leading precious metals producers, primarily engaged in the exploration, development and operation of gold, silver and base metal mines. Headquartered in Lima, the company’s core activities cover the entire mining cycle from concession acquisition and project evaluation to extraction, milling and metal refining. Buenaventura also holds interests in smelting, refining and trading services, enabling it to market its products both domestically and internationally.

The company’s principal assets include several operating mines in Peru such as Uchucchacua (silver-lead-zinc), Orcopampa (gold-silver) and the Tambomayo gold mine.