Buenaventura Mining Company Inc. $BVN Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in shares of Buenaventura Mining Company Inc. (NYSE:BVN) by 0.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,311,426 shares of the mining company’s stock after purchasing an additional 40,110 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Buenaventura Mining were worth $136,155,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mather Group LLC. bought a new stake in shares of Buenaventura Mining in the 3rd quarter worth approximately $31,000. Banque Cantonale Vaudoise purchased a new position in shares of Buenaventura Mining during the first quarter valued at approximately $45,000. Rockefeller Capital Management L.P. increased its stake in shares of Buenaventura Mining by 199.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,449 shares of the mining company’s stock valued at $96,000 after buying an additional 2,298 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Buenaventura Mining during the first quarter valued at approximately $212,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Buenaventura Mining by 21.6% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,808 shares of the mining company’s stock valued at $310,000 after acquiring an additional 1,744 shares in the last quarter.

Analysts Set New Price Targets

Several research firms have recently commented on BVN. Morgan Stanley dropped their target price on shares of Buenaventura Mining from $42.50 to $34.50 and set an “overweight” rating for the company in a research report on Wednesday, July 8th. Scotiabank decreased their price target on shares of Buenaventura Mining from $44.00 to $40.00 and set a “sector perform” rating for the company in a research note on Tuesday, July 14th. Zacks Research upgraded shares of Buenaventura Mining from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 13th. Wall Street Zen upgraded Buenaventura Mining from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Buenaventura Mining in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Buenaventura Mining currently has an average rating of “Moderate Buy” and a consensus target price of $37.25.

Buenaventura Mining Trading Up 0.8%

NYSE:BVN opened at $30.48 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.59 and a quick ratio of 2.43. The firm has a market capitalization of $7.73 billion, a P/E ratio of 6.90 and a beta of 0.43. The company’s 50-day simple moving average is $33.18 and its 200 day simple moving average is $33.03. Buenaventura Mining Company Inc. has a one year low of $21.00 and a one year high of $44.67.

Buenaventura Mining (NYSE:BVN) last announced its quarterly earnings data on Thursday, July 30th. The mining company reported $0.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.05). Buenaventura Mining had a net margin of 50.88% and a return on equity of 26.53%. The company had revenue of $528.99 million for the quarter, compared to analysts’ expectations of $610.00 million. As a group, analysts forecast that Buenaventura Mining Company Inc. will post 3.99 EPS for the current fiscal year.

About Buenaventura Mining

Compañía de Minas Buenaventura SAA., known as Buenaventura Mining, is a Peru-based mining company engaged in the exploration, development, construction, and operation of mineral projects. Its portfolio includes precious and base metals, with primary exposure to gold, silver, copper, lead, and zinc.

Founded in 1953, Buenaventura operates primarily in Peru. Its activities have included the Uchucchacua, Tambomayo, La Zanja, Coimolache, and El Brocal mining operations, as well as exploration and development projects across the country.