108,452 Shares in Southern Copper Corporation $SCCO Acquired by Y Intercept Hong Kong Ltd

Posted by Geri Gentry on Jul 3rd, 2026

Y Intercept Hong Kong Ltd purchased a new position in Southern Copper Corporation (NYSE:SCCO – Free Report) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 108,452 shares of the basic materials company’s stock, valued at approximately $18,660,000. Southern Copper accounts for 0.4% of Y Intercept Hong Kong Ltd’s investment portfolio, making the stock its 28th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in SCCO. National Wealth Management Group LLC bought a new position in Southern Copper during the fourth quarter valued at approximately $1,281,000. Vanguard Group Inc. raised its holdings in shares of Southern Copper by 11.2% during the 3rd quarter. Vanguard Group Inc. now owns 950,018 shares of the basic materials company’s stock worth $115,294,000 after acquiring an additional 96,013 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of Southern Copper by 74.0% during the 4th quarter. Nordea Investment Management AB now owns 258,341 shares of the basic materials company’s stock worth $37,142,000 after acquiring an additional 109,857 shares in the last quarter. Oak Harvest Investment Services bought a new position in shares of Southern Copper during the 4th quarter valued at approximately $7,650,000. Finally, Savvy Advisors Inc. bought a new position in shares of Southern Copper during the 4th quarter valued at approximately $1,434,000. 7.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SCCO has been the subject of a number of recent research reports. The Goldman Sachs Group raised shares of Southern Copper from a “sell” rating to a “neutral” rating and set a $178.00 target price for the company in a report on Friday, April 10th. Wall Street Zen upgraded shares of Southern Copper from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Southern Copper in a research report on Wednesday, June 24th. Wells Fargo & Company set a $171.00 price objective on shares of Southern Copper and gave the stock an “equal weight” rating in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Southern Copper from $127.00 to $131.50 and gave the stock an “underweight” rating in a report on Wednesday, June 17th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and eight have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $147.19.

Check Out Our Latest Report on SCCO

Southern Copper Price Performance

Shares of Southern Copper stock opened at $171.73 on Friday. The stock has a market cap of $141.86 billion, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 1.52 and a beta of 1.11. The company has a debt-to-equity ratio of 0.57, a quick ratio of 3.89 and a current ratio of 4.38. The stock has a 50 day moving average price of $181.85 and a 200-day moving average price of $179.90. Southern Copper Corporation has a one year low of $88.73 and a one year high of $223.88.

Southern Copper Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, May 13th. Southern Copper’s payout ratio is presently 66.12%.

Insider Buying and Selling

In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 200 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $177.82, for a total transaction of $35,564.00. Following the transaction, the director owned 1,807 shares in the company, valued at $321,320.74. The trade was a 9.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 404 shares of company stock worth $74,108 over the last ninety days. 0.07% of the stock is owned by insiders.

Southern Copper Company Profile

(Free Report)

Southern Copper Corporation (NYSE: SCCO) is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.

Southern Copper’s operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities.