Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 51.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 466,284 shares of the mining company’s stock after selling 492,672 shares during the quarter. Jane Street Group LLC’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $5,372,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BVN. FIL Ltd increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 810.7% during the 4th quarter. FIL Ltd now owns 2,635,020 shares of the mining company’s stock worth $30,355,000 after purchasing an additional 2,345,676 shares during the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at approximately $25,970,000. Northern Trust Corp lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 105.3% in the 4th quarter. Northern Trust Corp now owns 1,235,916 shares of the mining company’s stock worth $14,238,000 after acquiring an additional 633,793 shares during the last quarter. Sagil Capital LLP boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 35.1% during the 4th quarter. Sagil Capital LLP now owns 1,658,518 shares of the mining company’s stock worth $19,106,000 after purchasing an additional 430,960 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Compañía de Minas Buenaventura S.A.A. by 23.9% in the 4th quarter. JPMorgan Chase & Co. now owns 2,103,645 shares of the mining company’s stock valued at $24,234,000 after purchasing an additional 405,601 shares during the last quarter.

Compañía de Minas Buenaventura S.A.A. Stock Up 2.0 %

Compañía de Minas Buenaventura S.A.A. stock opened at $14.99 on Friday. The firm has a market capitalization of $3.80 billion, a P/E ratio of 10.63 and a beta of 0.42. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a twelve month low of $11.50 and a twelve month high of $18.84. The stock’s fifty day simple moving average is $14.55 and its 200-day simple moving average is $13.31.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last posted its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. The company had revenue of $299.59 million during the quarter, compared to analyst estimates of $315.77 million. As a group, equities analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

Compañía de Minas Buenaventura S.A.A. Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.2922 per share. This is a boost from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07. This represents a dividend yield of 0.5%. The ex-dividend date is Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.’s payout ratio is 14.81%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on BVN shares. StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research report on Thursday, May 1st. Scotiabank raised their target price on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a “sector perform” rating in a report on Monday, April 14th.

About Compañía de Minas Buenaventura S.A.A.

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region.