Citigroup Inc. Acquires 15,302 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Citigroup Inc. lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 4.2% in the third quarter, HoldingsChannel.com reports. The fund owned 381,706 shares of the mining company’s stock after acquiring an additional 15,302 shares during the quarter. Citigroup Inc.’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $5,283,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC increased its stake in Compañía de Minas Buenaventura S.A.A. by 189.8% in the 1st quarter. Jane Street Group LLC now owns 346,379 shares of the mining company’s stock worth $5,500,000 after purchasing an additional 732,158 shares during the period. GAMMA Investing LLC grew its stake in shares of Compañía de Minas Buenaventura S.A.A. by 16.8% in the second quarter. GAMMA Investing LLC now owns 4,968 shares of the mining company’s stock worth $84,000 after acquiring an additional 716 shares during the last quarter. Csenge Advisory Group lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 266.9% in the second quarter. Csenge Advisory Group now owns 126,300 shares of the mining company’s stock worth $2,141,000 after buying an additional 91,881 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth $243,000. Finally, Blue Trust Inc. lifted its stake in Compañía de Minas Buenaventura S.A.A. by 530.7% during the 2nd quarter. Blue Trust Inc. now owns 15,276 shares of the mining company’s stock valued at $243,000 after acquiring an additional 12,854 shares during the period.

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

Compañía de Minas Buenaventura S.A.A. stock opened at $12.10 on Monday. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $8.86 and a 1 year high of $18.84. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 8.58 and a beta of 0.83. The firm has a 50-day moving average of $13.06 and a two-hundred day moving average of $14.68. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Scotiabank raised Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 target price on the stock in a report on Thursday, November 21st. StockNews.com raised shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Friday, November 22nd. Finally, Morgan Stanley cut their price target on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, September 19th.

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.