Buenaventura Mining Company Inc. $BVN Stock Position Lifted by Fox Run Management L.L.C.

Fox Run Management L.L.C. lifted its stake in shares of Buenaventura Mining Company Inc. (NYSE:BVN) by 174.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,223 shares of the mining company’s stock after purchasing an additional 36,395 shares during the quarter. Fox Run Management L.L.C.’s holdings in Buenaventura Mining were worth $940,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Buenaventura Mining by 12.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,502,101 shares of the mining company’s stock valued at $85,998,000 after buying an additional 591,482 shares during the period. Helikon Investments Ltd bought a new position in shares of Buenaventura Mining in the first quarter valued at approximately $26,686,000. Northern Trust Corp increased its stake in shares of Buenaventura Mining by 32.9% during the first quarter. Northern Trust Corp now owns 1,642,557 shares of the mining company’s stock valued at $25,673,000 after acquiring an additional 406,641 shares during the period. Acadian Asset Management LLC raised its holdings in Buenaventura Mining by 14.0% during the first quarter. Acadian Asset Management LLC now owns 1,398,194 shares of the mining company’s stock worth $21,849,000 after purchasing an additional 171,815 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Buenaventura Mining by 2.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,278,411 shares of the mining company’s stock worth $19,982,000 after purchasing an additional 25,440 shares during the period.

Buenaventura Mining Trading Up 3.2%

Shares of BVN opened at $22.40 on Monday. The business’s 50-day moving average price is $22.52 and its 200 day moving average price is $18.60. The company has a current ratio of 2.54, a quick ratio of 2.31 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $5.68 billion, a P/E ratio of 11.37 and a beta of 0.26. Buenaventura Mining Company Inc. has a 1-year low of $11.50 and a 1-year high of $26.97.

Buenaventura Mining (NYSE:BVN) last announced its earnings results on Thursday, October 30th. The mining company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.41 by $0.25. Buenaventura Mining had a net margin of 38.38% and a return on equity of 9.47%. The company had revenue of $431.00 million during the quarter, compared to analysts’ expectations of $355.57 million. Analysts expect that Buenaventura Mining Company Inc. will post 1.13 earnings per share for the current year.

Buenaventura Mining Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Wednesday, November 19th will be issued a $0.1446 dividend. The ex-dividend date is Wednesday, November 19th. Buenaventura Mining’s dividend payout ratio is presently 24.12%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wall Street Zen raised Buenaventura Mining from a “hold” rating to a “buy” rating in a research note on Saturday, October 25th. Zacks Research raised Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 16th. Scotiabank lifted their target price on Buenaventura Mining from $27.00 to $27.50 and gave the stock a “sector perform” rating in a report on Friday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Buenaventura Mining in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Buenaventura Mining has a consensus rating of “Buy” and an average price target of $27.50.

About Buenaventura Mining

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.