Schroder Investment Management Group Cuts Holdings in Compania de Minas Buenaventura SAA (NYSE:BVN)

Schroder Investment Management Group reduced its stake in Compania de Minas Buenaventura SAA (NYSE:BVN) by 4.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 408,958 shares of the mining company’s stock after selling 18,854 shares during the quarter. Schroder Investment Management Group owned about 0.16% of Compania de Minas Buenaventura SAA worth $5,353,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Empirical Finance LLC acquired a new stake in Compania de Minas Buenaventura SAA in the third quarter valued at approximately $140,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Compania de Minas Buenaventura SAA by 23.2% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 20,697 shares of the mining company’s stock valued at $265,000 after buying an additional 3,897 shares in the last quarter. Voya Investment Management LLC raised its stake in shares of Compania de Minas Buenaventura SAA by 18.7% during the second quarter. Voya Investment Management LLC now owns 27,338 shares of the mining company’s stock valued at $314,000 after acquiring an additional 4,303 shares during the last quarter. Stevens Capital Management LP bought a new position in Compania de Minas Buenaventura SAA during the third quarter worth $372,000. Finally, Aviva PLC raised its stake in Compania de Minas Buenaventura SAA by 5.6% during the second quarter. Aviva PLC now owns 35,772 shares of the mining company’s stock worth $411,000 after buying an additional 1,900 shares during the last quarter. 45.27% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Compania de Minas Buenaventura SAA (BVN) traded up $0.44 during mid-day trading on Tuesday, reaching $14.52. 1,642,222 shares of the company’s stock traded hands, compared to its average volume of 1,250,550. The company has a market capitalization of $3,576.14, a price-to-earnings ratio of -10.45 and a beta of 0.92. The company has a current ratio of 1.21, a quick ratio of 0.95 and a debt-to-equity ratio of 0.16. Compania de Minas Buenaventura SAA has a twelve month low of $10.87 and a twelve month high of $14.96.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Compania de Minas Buenaventura SAA from a “hold” rating to a “sell” rating in a research note on Wednesday, September 27th. Scotiabank upgraded shares of Compania de Minas Buenaventura SAA from an “underperform” rating to a “sector perform” rating in a report on Monday, October 30th. Finally, Morgan Stanley upgraded shares of Compania de Minas Buenaventura SAA from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $13.00 to $17.30 in a report on Monday, September 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Compania de Minas Buenaventura SAA has a consensus rating of “Hold” and an average price target of $16.65.

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Compania de Minas Buenaventura SAA Profile

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.

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

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