APG Asset Management N.V. Lowers Holdings in Compania de Minas Buenaventura SAA (NYSE:BVN)

APG Asset Management N.V. decreased its position in Compania de Minas Buenaventura SAA (NYSE:BVN) by 29.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92,400 shares of the mining company’s stock after selling 37,700 shares during the quarter. APG Asset Management N.V.’s holdings in Compania de Minas Buenaventura SAA were worth $1,353,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BVN. Skandinaviska Enskilda Banken AB publ bought a new position in Compania de Minas Buenaventura SAA in the second quarter worth $77,000. Signaturefd LLC raised its holdings in Compania de Minas Buenaventura SAA by 49.5% in the first quarter. Signaturefd LLC now owns 6,524 shares of the mining company’s stock worth $113,000 after purchasing an additional 2,159 shares in the last quarter. Comerica Bank raised its holdings in Compania de Minas Buenaventura SAA by 9.1% in the first quarter. Comerica Bank now owns 17,505 shares of the mining company’s stock worth $302,000 after purchasing an additional 1,457 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Compania de Minas Buenaventura SAA in the first quarter worth $389,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in Compania de Minas Buenaventura SAA by 22.2% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 30,238 shares of the mining company’s stock worth $504,000 after purchasing an additional 5,500 shares in the last quarter. Institutional investors and hedge funds own 61.15% of the company’s stock.

A number of equities analysts have issued reports on the company. ValuEngine downgraded Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research upgraded Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a report on Monday, August 26th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. Compania de Minas Buenaventura SAA presently has an average rating of “Hold” and an average target price of $17.50.

Shares of NYSE:BVN traded down $0.22 on Friday, hitting $14.35. 891,572 shares of the company traded hands, compared to its average volume of 1,261,100. Compania de Minas Buenaventura SAA has a 52 week low of $13.46 and a 52 week high of $17.85. The company has a quick ratio of 1.44, a current ratio of 1.77 and a debt-to-equity ratio of 0.15. The stock has a 50 day simple moving average of $14.85 and a 200-day simple moving average of $15.69. The company has a market cap of $3.65 billion, a PE ratio of 44.84 and a beta of 0.41.

Compania de Minas Buenaventura SAA (NYSE:BVN) last issued its quarterly earnings results on Thursday, July 25th. The mining company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.04). Compania de Minas Buenaventura SAA had a negative net margin of 4.37% and a positive return on equity of 1.37%. The company had revenue of $216.15 million for the quarter, compared to the consensus estimate of $259.47 million. As a group, sell-side analysts anticipate that Compania de Minas Buenaventura SAA will post 0.49 earnings per share for the current year.

Compania de Minas Buenaventura SAA Company Profile

Compañía de Minas Buenaventura SAA., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru, the United States, Europe, and Asia. The company operates five operating mining units, including Uchucchacua, Orcopampa, Julcani, Mallay, and Tambomayo in Peru; and San Gabriel, a mining unit under development stage.

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Institutional Ownership by Quarter for Compania de Minas Buenaventura SAA (NYSE:BVN)

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