APG Asset Management N.V. Sells 37,700 Shares of Compania de Minas Buenaventura SAA (NYSE:BVN)

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APG Asset Management N.V. cut its stake in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 29.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of BVN. Dimensional Fund Advisors LP increased its holdings in shares of Compania de Minas Buenaventura SAA by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 380,221 shares of the mining company’s stock valued at $6,158,000 after acquiring an additional 3,319 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of Compania de Minas Buenaventura SAA by 6.9% during the first quarter. Bank of Montreal Can now owns 66,657 shares of the mining company’s stock valued at $1,152,000 after acquiring an additional 4,291 shares in the last quarter. Comerica Bank increased its holdings in shares of Compania de Minas Buenaventura SAA by 9.1% during the first quarter. Comerica Bank now owns 17,505 shares of the mining company’s stock valued at $302,000 after acquiring an additional 1,457 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of Compania de Minas Buenaventura SAA by 0.5% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 647,370 shares of the mining company’s stock valued at $11,187,000 after acquiring an additional 3,014 shares in the last quarter. Finally, TD Asset Management Inc. increased its holdings in shares of Compania de Minas Buenaventura SAA by 46.0% during the first quarter. TD Asset Management Inc. now owns 161,117 shares of the mining company’s stock valued at $2,784,000 after acquiring an additional 50,761 shares in the last quarter. Hedge funds and other institutional investors own 61.15% of the company’s stock.

Several research firms recently commented on BVN. 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 research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Compania de Minas Buenaventura SAA presently has an average rating of “Hold” and a consensus price target of $17.50.

NYSE BVN traded down $0.22 during trading hours on Friday, hitting $14.35. The company’s stock had a trading volume of 891,572 shares, compared to its average volume of 1,261,100. Compania de Minas Buenaventura SAA has a 12 month low of $13.46 and a 12 month high of $17.85. The company’s 50 day simple moving average is $14.85 and its two-hundred day simple moving average is $15.69. The company has a market cap of $3.65 billion, a P/E ratio of 44.84 and a beta of 0.41. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.77 and a quick ratio of 1.44.

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

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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