Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 1,730.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 177,901 shares of the mining company’s stock after purchasing an additional 168,184 shares during the period. GAMMA Investing LLC’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $2,781,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BVN. FIL Ltd boosted its stake in 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 period. Canada Pension Plan Investment Board acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $25,970,000. Tidal Investments LLC boosted its stake in Compañía de Minas Buenaventura S.A.A. by 56.6% during the 4th quarter. Tidal Investments LLC now owns 3,332,263 shares of the mining company’s stock worth $38,388,000 after purchasing an additional 1,204,879 shares during the period. Northern Trust Corp boosted its stake in Compañía de Minas Buenaventura S.A.A. by 105.3% during the 4th quarter. Northern Trust Corp now owns 1,235,916 shares of the mining company’s stock worth $14,238,000 after purchasing an additional 633,793 shares during the period. Finally, Moore Capital Management LP acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $5,752,000.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Scotiabank lifted their target price on shares of 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. Wall Street Zen raised shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Thursday, May 1st.

Compañía de Minas Buenaventura S.A.A. Stock Up 1.1%

Shares of NYSE BVN opened at $16.79 on Friday. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.50 and a 52-week high of $17.73. The firm has a fifty day moving average of $14.90 and a 200-day moving average of $13.77. The stock has a market capitalization of $4.26 billion, a PE ratio of 11.91 and a beta of 0.42. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07.

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

The company also recently disclosed a semi-annual dividend, which was paid on Monday, May 12th. Shareholders of record on Wednesday, April 16th were issued a $0.2922 dividend. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a yield of 0.5%. This is a positive change from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07. Compañía de Minas Buenaventura S.A.A.’s payout ratio is currently 14.81%.

Compañía de Minas Buenaventura S.A.A. 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.