Pictet Asset Management SA Trims Stock Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Pictet Asset Management SA lessened its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVNGet Rating) by 9.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 448,859 shares of the mining company’s stock after selling 47,200 shares during the period. Pictet Asset Management SA’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $2,963,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Rational Advisors LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the first quarter valued at approximately $44,000. KBC Group NV purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter valued at approximately $34,000. Advisor Group Holdings Inc. lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 14,350.0% during the first quarter. Advisor Group Holdings Inc. now owns 7,225 shares of the mining company’s stock valued at $73,000 after buying an additional 7,175 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the first quarter valued at approximately $104,000. Finally, IFM Investors Pty Ltd purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter valued at approximately $88,000. Hedge funds and other institutional investors own 50.50% of the company’s stock.

Compañía de Minas Buenaventura S.A.A. Stock Performance

Shares of BVN stock opened at $7.88 on Monday. Compañía de Minas Buenaventura S.A.A. has a one year low of $5.09 and a one year high of $12.35. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 1.80. The company has a 50 day moving average price of $6.83 and a 200 day moving average price of $6.80. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 5.75 and a beta of 0.42.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Citigroup upped their price objective on shares of Compañía de Minas Buenaventura S.A.A. from $6.00 to $7.00 in a research note on Thursday, October 13th. StockNews.com began coverage on shares of Compañía de Minas Buenaventura S.A.A. in a research report on Wednesday, October 12th. They set a “sell” rating for the company.

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

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Compañía de Minas Buenaventura SAA. engages in the exploration, mining development, processing, and trading of precious and base metals. 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.

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Institutional Ownership by Quarter for Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

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