United Services Automobile Association Has $12.07 Million Stake in Compania de Minas Buenaventura SAA (BVN)

United Services Automobile Association lowered its position in Compania de Minas Buenaventura SAA (NYSE:BVN) by 17.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 900,000 shares of the mining company’s stock after selling 187,000 shares during the period. United Services Automobile Association’s holdings in Compania de Minas Buenaventura SAA were worth $12,069,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. US Bancorp DE grew its position in shares of Compania de Minas Buenaventura SAA by 47.2% in the 2nd quarter. US Bancorp DE now owns 11,914 shares of the mining company’s stock worth $162,000 after buying an additional 3,819 shares during the last quarter. Marathon Asset Management LLP grew its position in shares of Compania de Minas Buenaventura SAA by 0.4% in the 3rd quarter. Marathon Asset Management LLP now owns 1,014,919 shares of the mining company’s stock worth $13,610,000 after buying an additional 4,164 shares during the last quarter. Deltec Asset Management LLC grew its position in shares of Compania de Minas Buenaventura SAA by 14.2% in the 2nd quarter. Deltec Asset Management LLC now owns 40,300 shares of the mining company’s stock worth $549,000 after buying an additional 5,000 shares during the last quarter. AMP Capital Investors Ltd grew its position in shares of Compania de Minas Buenaventura SAA by 29.8% in the 3rd quarter. AMP Capital Investors Ltd now owns 22,401 shares of the mining company’s stock worth $298,000 after buying an additional 5,146 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Compania de Minas Buenaventura SAA by 4.8% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 123,472 shares of the mining company’s stock worth $1,656,000 after buying an additional 5,680 shares during the last quarter. 52.26% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th. ValuEngine downgraded shares of Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a research report on Wednesday, August 15th. Finally, Scotiabank set a $16.00 target price on shares of Compania de Minas Buenaventura SAA and gave the stock a “hold” rating in a research report on Wednesday, October 31st. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Compania de Minas Buenaventura SAA has an average rating of “Hold” and a consensus target price of $16.00.

NYSE:BVN opened at $15.06 on Friday. The company has a market cap of $3.74 billion, a price-to-earnings ratio of 40.70 and a beta of 0.84. Compania de Minas Buenaventura SAA has a twelve month low of $11.67 and a twelve month high of $16.80. The company has a current ratio of 1.88, a quick ratio of 1.56 and a debt-to-equity ratio of 0.18.

Compania de Minas Buenaventura SAA (NYSE:BVN) last released its earnings results on Thursday, October 25th. The mining company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.19). The company had revenue of $271.85 million for the quarter. Compania de Minas Buenaventura SAA had a return on equity of 3.31% and a net margin of 5.28%. On average, equities research analysts expect that Compania de Minas Buenaventura SAA will post 0.38 earnings per share for the current year.

The business also recently announced a semiannual dividend, which was paid on Friday, December 7th. Shareholders of record on Friday, November 16th were given a dividend of $0.06 per share. This represents a yield of 0.85%. The ex-dividend date of this dividend was Thursday, November 15th. This is an increase from Compania de Minas Buenaventura SAA’s previous semiannual dividend of $0.02. Compania de Minas Buenaventura SAA’s payout ratio is currently 32.43%.

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Compania de Minas Buenaventura SAA 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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