Cloverfields Capital Group LP Boosts Stock Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Cloverfields Capital Group LP grew its stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 11.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,779 shares of the mining company’s stock after acquiring an additional 3,539 shares during the period. Cloverfields Capital Group LP’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $315,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in BVN. Van ECK Associates Corp increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 9.8% in the second quarter. Van ECK Associates Corp now owns 25,827,685 shares of the mining company’s stock worth $233,741,000 after purchasing an additional 2,302,559 shares during the period. Westwood Global Investments LLC increased its stake in Compañía de Minas Buenaventura S.A.A. by 25.9% in the first quarter. Westwood Global Investments LLC now owns 8,035,945 shares of the mining company’s stock valued at $80,601,000 after acquiring an additional 1,653,784 shares during the last quarter. Geode Capital Management LLC bought a new position in Compañía de Minas Buenaventura S.A.A. in the first quarter valued at $6,832,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Compañía de Minas Buenaventura S.A.A. by 9.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,797,667 shares of the mining company’s stock valued at $48,121,000 after acquiring an additional 424,915 shares during the last quarter. Finally, BlackRock Inc. grew its stake in shares of Compañía de Minas Buenaventura S.A.A. by 3.4% during the second quarter. BlackRock Inc. now owns 12,648,480 shares of the mining company’s stock valued at $114,470,000 after buying an additional 415,899 shares during the last quarter. 53.68% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:BVN opened at $7.25 on Monday. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $6.11 and a 12 month high of $13.44. The company has a 50 day simple moving average of $7.56 and a two-hundred day simple moving average of $9.33. The company has a current ratio of 1.34, a quick ratio of 1.15 and a debt-to-equity ratio of 0.13. The company has a market cap of $1.84 billion, a PE ratio of 103.57 and a beta of 0.69.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued its earnings results on Monday, August 2nd. The mining company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.08). Compañía de Minas Buenaventura S.A.A. had a return on equity of 1.09% and a net margin of 2.05%. The firm had revenue of $240.86 million during the quarter. Research analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 0.84 earnings per share for the current year.

Separately, Zacks Investment Research upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 14th.

About Compañía de Minas Buenaventura S.A.A.

Compañía de Minas Buenaventura SAA engages in the development and exploration of mineral properties. It operates through the following segments: Production and Sale of Minerals, Exploration and Development Activitie, Energy Generation and Transmission Services, Insurance Brokerage, Rental of Mining Concessions, Holding of Investments in Shares, and Industrial Activities.

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Institutional Ownership by Quarter for Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

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