Eurizon Capital SGR S.p.A. Makes New $649,000 Investment in Buenaventura Mining Company Inc. $BVN

Eurizon Capital SGR S.p.A. acquired a new position in shares of Buenaventura Mining Company Inc. (NYSE:BVN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 23,321 shares of the mining company’s stock, valued at approximately $649,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Savant Capital LLC boosted its stake in Buenaventura Mining by 6.0% during the fourth quarter. Savant Capital LLC now owns 12,585 shares of the mining company’s stock worth $350,000 after buying an additional 712 shares during the last quarter. Personal CFO Solutions LLC boosted its stake in Buenaventura Mining by 5.6% during the fourth quarter. Personal CFO Solutions LLC now owns 13,443 shares of the mining company’s stock worth $374,000 after buying an additional 717 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Buenaventura Mining by 10.2% during the third quarter. Public Employees Retirement System of Ohio now owns 8,615 shares of the mining company’s stock worth $210,000 after buying an additional 800 shares during the last quarter. Lester Murray Antman dba SimplyRich boosted its stake in Buenaventura Mining by 1.8% during the fourth quarter. Lester Murray Antman dba SimplyRich now owns 45,728 shares of the mining company’s stock worth $1,272,000 after buying an additional 801 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in Buenaventura Mining by 14.9% during the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 10,800 shares of the mining company’s stock worth $263,000 after buying an additional 1,400 shares during the last quarter.

Buenaventura Mining Stock Performance

Shares of Buenaventura Mining stock opened at $33.93 on Thursday. Buenaventura Mining Company Inc. has a 52 week low of $15.62 and a 52 week high of $44.67. The business’s fifty day simple moving average is $34.75 and its 200-day simple moving average is $33.32. The firm has a market cap of $8.61 billion, a PE ratio of 8.81 and a beta of 0.36. The company has a quick ratio of 1.88, a current ratio of 2.01 and a debt-to-equity ratio of 0.16.

Buenaventura Mining (NYSE:BVN) last announced its quarterly earnings results on Thursday, April 30th. The mining company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.09 by $0.23. Buenaventura Mining had a return on equity of 24.89% and a net margin of 47.72%.The business had revenue of $624.56 million for the quarter, compared to analyst estimates of $666.00 million. Equities analysts forecast that Buenaventura Mining Company Inc. will post 4.31 earnings per share for the current year.

Buenaventura Mining Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Tuesday, May 12th. Investors of record on Tuesday, April 21st were issued a $0.9904 dividend. The ex-dividend date was Tuesday, April 21st. Buenaventura Mining’s payout ratio is currently 28.31%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on BVN shares. Weiss Ratings lowered Buenaventura Mining from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Scotiabank boosted their price objective on Buenaventura Mining from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Wall Street Zen raised Buenaventura Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 28th. Finally, Zacks Research lowered Buenaventura Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $44.00.

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.