Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Acquired by Atlas Capital Advisors LLC

Atlas Capital Advisors LLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 4,608.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,637 shares of the mining company’s stock after purchasing an additional 27,050 shares during the quarter. Atlas Capital Advisors LLC’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $439,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Fifth Third Bancorp acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at $46,000. GAMMA Investing LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth about $58,000. Creekmur Asset Management LLC acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth about $60,000. Barometer Capital Management Inc. acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at about $120,000. Finally, Blue Trust Inc. grew its stake in Compañía de Minas Buenaventura S.A.A. by 249.1% during the 4th quarter. Blue Trust Inc. now owns 8,081 shares of the mining company’s stock worth $123,000 after buying an additional 5,766 shares during the last quarter.

Analyst Ratings Changes

A number of brokerages have weighed in on BVN. Morgan Stanley upgraded Compañía de Minas Buenaventura S.A.A. from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $19.00 to $21.00 in a research note on Friday, June 21st. StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. Finally, Scotiabank lifted their price objective on shares of Compañía de Minas Buenaventura S.A.A. from $15.00 to $16.00 and gave the company a “sector underperform” rating in a research note on Thursday, May 23rd.

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

NYSE:BVN opened at $16.64 on Friday. Compañía de Minas Buenaventura S.A.A. has a 12-month low of $7.06 and a 12-month high of $18.84. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.32 and a quick ratio of 1.14. The stock’s 50 day simple moving average is $17.21 and its 200-day simple moving average is $15.92.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its quarterly earnings data on Monday, April 29th. The mining company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.13. Compañía de Minas Buenaventura S.A.A. had a net margin of 1.91% and a return on equity of 0.76%. The company had revenue of $246.80 million for the quarter, compared to analysts’ expectations of $171.25 million. As a group, analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.41 earnings per share for the current year.

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

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, May 10th. Shareholders of record on Thursday, April 18th were issued a $0.0726 dividend. This represents a yield of 0.5%. The ex-dividend date was Wednesday, April 17th. Compañía de Minas Buenaventura S.A.A.’s dividend payout ratio is presently 116.69%.

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.