UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 203.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,243,163 shares of the mining company’s stock after acquiring an additional 833,819 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $17,205,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC purchased a new position in Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at about $35,000. EverSource Wealth Advisors LLC increased its holdings in Compañía de Minas Buenaventura S.A.A. by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock valued at $42,000 after acquiring an additional 1,054 shares in the last quarter. Employees Retirement System of Texas purchased a new position in Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at about $47,000. Headlands Technologies LLC purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter worth about $80,000. Finally, GAMMA Investing LLC grew its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 16.8% during the second quarter. GAMMA Investing LLC now owns 4,968 shares of the mining company’s stock worth $84,000 after buying an additional 716 shares in the last quarter.

Compañía de Minas Buenaventura S.A.A. Price Performance

BVN opened at $12.10 on Friday. The company’s 50 day simple moving average is $12.88 and its 200 day simple moving average is $14.52. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $9.13 and a 1 year high of $18.84. The stock has a market capitalization of $3.07 billion, a PE ratio of 8.58 and a beta of 0.80.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Scotiabank upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target for the company in a report on Thursday, November 21st. Morgan Stanley lowered their price target on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, September 19th. Finally, StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Friday, November 22nd.

About Compañía de Minas Buenaventura S.A.A.

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region.