Pictet Asset Management Ltd. Has $7.07 Million Stock Holdings in Compania de Minas Buenaventura SAA (NYSE:BVN)

Pictet Asset Management Ltd. lifted its position in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 0.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 418,071 shares of the mining company’s stock after buying an additional 2,205 shares during the period. Pictet Asset Management Ltd. owned about 0.16% of Compania de Minas Buenaventura SAA worth $7,071,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Van ECK Associates Corp raised its holdings in Compania de Minas Buenaventura SAA by 122.5% during the fourth quarter. Van ECK Associates Corp now owns 34,458,637 shares of the mining company’s stock worth $558,919,000 after acquiring an additional 18,971,580 shares in the last quarter. Deutsche Bank AG raised its holdings in Compania de Minas Buenaventura SAA by 206.1% during the fourth quarter. Deutsche Bank AG now owns 2,588,834 shares of the mining company’s stock worth $41,988,000 after acquiring an additional 1,743,080 shares in the last quarter. FMR LLC raised its holdings in Compania de Minas Buenaventura SAA by 7.7% during the fourth quarter. FMR LLC now owns 13,958,480 shares of the mining company’s stock worth $226,407,000 after acquiring an additional 993,079 shares in the last quarter. Janus Henderson Group PLC bought a new stake in Compania de Minas Buenaventura SAA during the first quarter worth about $9,084,000. Finally, California Public Employees Retirement System raised its holdings in Compania de Minas Buenaventura SAA by 47.7% during the first quarter. California Public Employees Retirement System now owns 999,338 shares of the mining company’s stock worth $17,269,000 after acquiring an additional 322,890 shares in the last quarter. 59.56% of the stock is owned by institutional investors.

NYSE:BVN traded up $0.13 on Friday, hitting $16.67. The company’s stock had a trading volume of 867,188 shares, compared to its average volume of 1,237,312. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.91 and a quick ratio of 1.57. The firm has a fifty day moving average of $15.50. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 52.09 and a beta of 0.56. Compania de Minas Buenaventura SAA has a one year low of $11.67 and a one year high of $17.78.

Compania de Minas Buenaventura SAA (NYSE:BVN) last released its quarterly earnings data on Tuesday, April 30th. The mining company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.02. The firm had revenue of $186.20 million for the quarter, compared to analyst estimates of $178.62 million. Compania de Minas Buenaventura SAA had a positive return on equity of 2.29% and a negative net margin of 0.87%. On average, equities research analysts anticipate that Compania de Minas Buenaventura SAA will post 0.53 EPS for the current fiscal year.

Several analysts recently issued reports on BVN shares. JPMorgan Chase & Co. upped their target price on Compania de Minas Buenaventura SAA from $14.00 to $18.00 and gave the stock an “overweight” rating in a report on Tuesday, March 19th. Zacks Investment Research upgraded Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a report on Wednesday, April 17th. Finally, Citigroup set a $20.00 price objective on Compania de Minas Buenaventura SAA and gave the company a “buy” rating in a research note on Thursday, April 4th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $17.50.

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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