Marathon Asset Management LLP Buys 20,788 Shares of Compania de Minas Buenaventura SAA (BVN)

Marathon Asset Management LLP boosted its stake in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 2.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 951,208 shares of the mining company’s stock after purchasing an additional 20,788 shares during the quarter. Marathon Asset Management LLP’s holdings in Compania de Minas Buenaventura SAA were worth $13,393,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BVN. FMR LLC boosted its stake in Compania de Minas Buenaventura SAA by 74.5% during the second quarter. FMR LLC now owns 8,204,360 shares of the mining company’s stock worth $94,351,000 after buying an additional 3,502,137 shares during the last quarter. Macquarie Group Ltd. boosted its stake in Compania de Minas Buenaventura SAA by 39.6% during the second quarter. Macquarie Group Ltd. now owns 4,678,583 shares of the mining company’s stock worth $53,806,000 after buying an additional 1,326,244 shares during the last quarter. Majedie Asset Management Ltd boosted its stake in Compania de Minas Buenaventura SAA by 48.9% during the third quarter. Majedie Asset Management Ltd now owns 2,024,790 shares of the mining company’s stock worth $25,897,000 after buying an additional 665,390 shares during the last quarter. APG Asset Management N.V. boosted its stake in Compania de Minas Buenaventura SAA by 116.8% during the third quarter. APG Asset Management N.V. now owns 1,090,300 shares of the mining company’s stock worth $13,945,000 after buying an additional 587,400 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Compania de Minas Buenaventura SAA by 2,006.2% during the third quarter. Jane Street Group LLC now owns 290,042 shares of the mining company’s stock worth $3,710,000 after buying an additional 276,271 shares during the last quarter. 45.27% of the stock is currently owned by institutional investors.

BVN has been the topic of a number of recent research reports. Zacks Investment Research raised Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Tuesday, October 24th. Morgan Stanley raised Compania de Minas Buenaventura SAA from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $13.00 to $17.30 in a research note on Monday, September 25th. Finally, Scotiabank raised Compania de Minas Buenaventura SAA from an “underperform” rating to a “sector perform” rating in a research note on Monday, October 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $17.15.

Compania de Minas Buenaventura SAA (BVN) opened at $14.73 on Thursday. Compania de Minas Buenaventura SAA has a 12 month low of $10.87 and a 12 month high of $15.15. The company has a market capitalization of $3,774.25, a price-to-earnings ratio of -10.60 and a beta of 0.92. The company has a quick ratio of 0.95, a current ratio of 1.21 and a debt-to-equity ratio of 0.16.

Compania de Minas Buenaventura SAA (NYSE:BVN) last announced its quarterly earnings results on Friday, October 27th. The mining company reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.29). Compania de Minas Buenaventura SAA had a negative net margin of 29.67% and a negative return on equity of 11.11%. sell-side analysts expect that Compania de Minas Buenaventura SAA will post 0.5 earnings per share for the current year.

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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.

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

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