Banco BTG Pactual S.A. Acquires 15,500 Shares of Buenaventura Mining Company Inc. $BVN

Banco BTG Pactual S.A. boosted its position in shares of Buenaventura Mining Company Inc. (NYSE:BVN) by 76.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,900 shares of the mining company’s stock after purchasing an additional 15,500 shares during the period. Banco BTG Pactual S.A.’s holdings in Buenaventura Mining were worth $999,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Buenaventura Mining by 38.5% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,196,976 shares of the mining company’s stock valued at $175,102,000 after purchasing an additional 1,999,475 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Buenaventura Mining by 3,096,894.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,884,290 shares of the mining company’s stock valued at $163,760,000 after purchasing an additional 5,884,100 shares during the last quarter. Tidal Investments LLC grew its holdings in Buenaventura Mining by 10.5% during the 3rd quarter. Tidal Investments LLC now owns 3,158,341 shares of the mining company’s stock valued at $76,842,000 after purchasing an additional 299,822 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in Buenaventura Mining by 738.7% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,979,757 shares of the mining company’s stock valued at $82,927,000 after purchasing an additional 2,624,485 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in Buenaventura Mining by 146.5% during the 3rd quarter. American Century Companies Inc. now owns 1,737,984 shares of the mining company’s stock valued at $42,285,000 after purchasing an additional 1,033,045 shares during the last quarter.

Buenaventura Mining Price Performance

Shares of BVN stock opened at $32.88 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.01 and a quick ratio of 1.88. The company has a market capitalization of $8.34 billion, a P/E ratio of 8.54 and a beta of 0.36. The company’s 50-day simple moving average is $34.51 and its two-hundred day simple moving average is $33.67. Buenaventura Mining Company Inc. has a one year low of $15.62 and a one year high of $44.67.

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

Buenaventura Mining Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently commented on BVN shares. Wall Street Zen upgraded shares of Buenaventura Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 28th. Scotiabank upped their price target on shares of Buenaventura Mining from $42.00 to $44.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Zacks Research downgraded shares of Buenaventura Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, Weiss Ratings downgraded shares of Buenaventura Mining from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $44.00.

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.