Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 2.2% in the third quarter, Holdings Channel.com reports. The fund owned 964,014 shares of the mining company’s stock after purchasing an additional 20,899 shares during the period. Geode Capital Management LLC’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $13,225,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Sagil Capital LLP acquired a new stake in Compañía de Minas Buenaventura S.A.A. in the 3rd quarter valued at about $16,989,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 203.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,243,163 shares of the mining company’s stock valued at $17,205,000 after purchasing an additional 833,819 shares in the last quarter. Jane Street Group LLC grew its position in shares of Compañía de Minas Buenaventura S.A.A. by 35.9% in the third quarter. Jane Street Group LLC now owns 958,956 shares of the mining company’s stock valued at $13,272,000 after purchasing an additional 253,421 shares during the last quarter. Dorsey Wright & Associates purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth approximately $2,590,000. Finally, Acadian Asset Management LLC raised its position in shares of Compañía de Minas Buenaventura S.A.A. by 65.2% during the 2nd quarter. Acadian Asset Management LLC now owns 326,206 shares of the mining company’s stock worth $5,527,000 after purchasing an additional 128,736 shares during the last quarter.

Compañía de Minas Buenaventura S.A.A. Stock Down 2.7 %

Shares of NYSE BVN opened at $11.93 on Tuesday. The firm has a market cap of $3.03 billion, a P/E ratio of 8.46 and a beta of 0.80. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.61 and a 1 year high of $18.84. The firm’s 50 day moving average price is $12.60 and its 200 day moving average price is $13.96.

Wall Street Analysts Forecast Growth

BVN has been the topic of a number of analyst reports. Morgan Stanley lowered their target price on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, September 19th. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday. Finally, Scotiabank raised shares of Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 target price for the company in a research note on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. Company Profile

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.