Stifel Financial Corp Cuts Stock Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Stifel Financial Corp lessened its stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 7.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,787 shares of the mining company’s stock after selling 2,335 shares during the period. Stifel Financial Corp’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $385,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BVN. Ashton Thomas Private Wealth LLC purchased a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth approximately $35,000. EverSource Wealth Advisors LLC grew its holdings in Compañía de Minas Buenaventura S.A.A. by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock worth $42,000 after acquiring an additional 1,054 shares during the last quarter. Employees Retirement System of Texas bought a new stake in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth $47,000. Point72 Hong Kong Ltd purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the third quarter worth about $56,000. Finally, Headlands Technologies LLC bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter worth about $80,000.

Analyst Ratings Changes

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

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

Shares of BVN stock opened at $12.26 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.40 and a debt-to-equity ratio of 0.20. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 8.70 and a beta of 0.80. The business’s fifty day moving average is $12.60 and its 200 day moving average is $14.00. Compañía de Minas Buenaventura S.A.A. has a twelve month low of $11.61 and a twelve month high of $18.84.

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.