Today, Compania de Minas Buenaventura SAA (BVN) Stake Maintained by Macquarie Group Ltd.

Today, Compania de Minas Buenaventura SAA (BVN) Stake Maintained by Macquarie Group Ltd.
Macquarie Group Ltd. continued to hold its stake in Compania de Minas Buenaventura SAA (NYSE:BVN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,709,940 shares of the mining company’s stock at the end of the second quarter. Macquarie Group Ltd.’s holdings in Compania de Minas Buenaventura SAA were worth $20,433,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in BVN. Rational Advisors LLC purchased a new stake in Compania de Minas Buenaventura SAA during the second quarter valued at about $105,000. Global X Management Co. LLC raised its stake in shares of Compania de Minas Buenaventura SAA by 7.7% in the second quarter. Global X Management Co. LLC now owns 11,628 shares of the mining company’s stock worth $139,000 after buying an additional 836 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Compania de Minas Buenaventura SAA during the second quarter worth about $145,000. Timber Hill LLC bought a new stake in shares of Compania de Minas Buenaventura SAA during the second quarter worth about $146,000. Finally, Janus Capital Management LLC bought a new stake in shares of Compania de Minas Buenaventura SAA during the second quarter worth about $177,000. 50.89% of the stock is owned by institutional investors.

Shares of Compania de Minas Buenaventura SAA (NYSE:BVN) traded down 1.17% during mid-day trading on Friday, reaching $10.96. The company had a trading volume of 907,148 shares. The stock’s 50-day moving average price is $12.47 and its 200 day moving average price is $12.64. The company’s market capitalization is $2.80 billion. Compania de Minas Buenaventura SAA has a 1-year low of $3.30 and a 1-year high of $16.45.

Compania de Minas Buenaventura SAA (NYSE:BVN) last announced its quarterly earnings results on Friday, October 28th. The mining company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by $0.22. Compania de Minas Buenaventura SAA had a negative net margin of 20.68% and a negative return on equity of 5.78%. The company earned $269 million during the quarter, compared to analyst estimates of $262 million. During the same period in the previous year, the firm posted ($0.09) earnings per share. The company’s revenue was up 27.5% compared to the same quarter last year. Equities analysts expect that Compania de Minas Buenaventura SAA will post $0.66 EPS for the current year.

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Thursday, November 10th will be given a $0.029 dividend. The ex-dividend date is Tuesday, November 8th. Compania de Minas Buenaventura SAA’s dividend payout ratio (DPR) is presently -3.61%.

BVN has been the subject of a number of research reports. Zacks Investment Research upgraded Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research report on Wednesday, September 28th. HSBC downgraded Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating and set a $15.10 target price for the company. in a research report on Thursday, November 3rd. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Compania de Minas Buenaventura SAA has an average rating of “Hold” and an average price target of $12.60.

About Compania de Minas Buenaventura SAA

Compania de Minas Buenaventura SAA. (Buenaventura) is a precious metals company. The Company is engaged in the exploration, mining and processing of gold, silver and other metals in Peru. The Company’s segments include Production and sale of minerals; Exploration and development activities; Construction and engineering services; Energy generation and transmission services; Insurance brokerage; Rental of mining concessions; Holding of investment in shares (mainly in Minera Yanacocha S.R.L.

Related posts

Leave a Comment