Jane Street Group LLC Trims Stock Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Jane Street Group LLC trimmed its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 51.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 466,284 shares of the mining company’s stock after selling 492,672 shares during the quarter. Jane Street Group LLC owned 0.18% of Compañía de Minas Buenaventura S.A.A. worth $5,372,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter worth about $50,000. Mirae Asset Global Investments Co. Ltd. boosted its position in Compañía de Minas Buenaventura S.A.A. by 41.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company’s stock worth $58,000 after purchasing an additional 1,389 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth approximately $63,000. R Squared Ltd acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth approximately $74,000. Finally, GAMMA Investing LLC increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 64.8% during the 4th quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company’s stock valued at $112,000 after purchasing an additional 3,820 shares in the last quarter.

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

Compañía de Minas Buenaventura S.A.A. stock opened at $14.99 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82. The company’s fifty day moving average price is $14.55 and its 200 day moving average price is $13.31. The stock has a market capitalization of $3.80 billion, a P/E ratio of 10.63 and a beta of 0.42. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. The company had revenue of $299.59 million for the quarter, compared to analyst estimates of $315.77 million. As a group, equities research analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

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

The company also recently declared a semi-annual dividend, which will be paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th will be paid a $0.2922 dividend. The ex-dividend date is Wednesday, April 16th. This is a positive change from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07. This represents a dividend yield of 0.5%. Compañía de Minas Buenaventura S.A.A.’s payout ratio is currently 14.81%.

Analyst Upgrades and Downgrades

BVN has been the topic of several analyst reports. StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research report on Thursday, May 1st. Scotiabank raised their target price on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a “sector perform” rating in a research report on Monday, April 14th.

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.