Deprince Race & Zollo Inc. Acquires Shares of 146,786 Buenaventura Mining Company Inc. $BVN

Deprince Race & Zollo Inc. bought a new position in shares of Buenaventura Mining Company Inc. (NYSE:BVN) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 146,786 shares of the mining company’s stock, valued at approximately $5,290,000. Deprince Race & Zollo Inc. owned about 0.06% of Buenaventura Mining at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. SmartHarvest Portfolios LLC raised its holdings in shares of Buenaventura Mining by 5.6% during the 1st quarter. SmartHarvest Portfolios LLC now owns 9,898 shares of the mining company’s stock worth $357,000 after buying an additional 529 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in Buenaventura Mining in the first quarter valued at about $45,000. PKO Investment Management Joint Stock Co boosted its stake in Buenaventura Mining by 0.7% in the first quarter. PKO Investment Management Joint Stock Co now owns 88,544 shares of the mining company’s stock valued at $3,191,000 after buying an additional 602 shares in the last quarter. Diversified Trust Co bought a new position in Buenaventura Mining in the first quarter valued at about $2,035,000. Finally, Rockefeller Capital Management L.P. grew its position in Buenaventura Mining by 199.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,449 shares of the mining company’s stock valued at $96,000 after acquiring an additional 2,298 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wall Street Zen raised shares of Buenaventura Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 28th. Zacks Research lowered shares of Buenaventura Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, Weiss Ratings cut shares of Buenaventura Mining from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Buenaventura Mining presently has an average rating of “Hold” and an average target price of $44.00.

Buenaventura Mining Trading Up 1.8%

NYSE BVN opened at $29.72 on Friday. The company has a market cap of $7.54 billion, a price-to-earnings ratio of 7.72 and a beta of 0.42. Buenaventura Mining Company Inc. has a twelve month low of $16.06 and a twelve month high of $44.67. The company has a quick ratio of 1.88, a current ratio of 2.01 and a debt-to-equity ratio of 0.16. The business’s fifty day moving average is $33.08 and its 200 day moving average is $34.33.

Buenaventura Mining (NYSE:BVN) last issued its earnings results on Thursday, April 30th. The mining company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.23. The business had revenue of $624.56 million during the quarter, compared to analysts’ expectations of $666.00 million. Buenaventura Mining had a return on equity of 24.89% and a net margin of 47.72%. As a group, sell-side analysts expect that Buenaventura Mining Company Inc. will post 4.31 EPS for the current fiscal year.

Buenaventura Mining Company 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.