Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Stock Position Decreased by Quantinno Capital Management LP

Quantinno Capital Management LP lessened its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 33.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,784 shares of the mining company’s stock after selling 5,528 shares during the quarter. Quantinno Capital Management LP’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $149,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at about $35,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock worth $42,000 after buying an additional 1,054 shares during the period. Employees Retirement System of Texas acquired a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at $47,000. Point72 Hong Kong Ltd acquired a new position in Compañía de Minas Buenaventura S.A.A. in the 3rd quarter valued at $56,000. Finally, Headlands Technologies LLC bought a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth $80,000.

Analysts Set New Price Targets

A number of research firms have recently commented on BVN. Morgan Stanley dropped their price objective on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note 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 report on Friday, November 22nd. Finally, Scotiabank raised Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price objective for the company in a research report on Thursday, November 21st.

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

Shares of BVN opened at $12.83 on Wednesday. The company has a 50-day simple moving average of $12.76 and a 200-day simple moving average of $14.23. 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 52 week low of $11.61 and a 52 week high of $18.84. The firm has a market capitalization of $3.26 billion, a P/E ratio of 9.10 and a beta of 0.80.

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.