CoreCommodity Management LLC trimmed its holdings in Compania de Minas Buenaventura SAA (NYSE:BVN) by 63.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,488 shares of the mining company’s stock after selling 25,195 shares during the period. CoreCommodity Management LLC’s holdings in Compania de Minas Buenaventura SAA were worth $235,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Parallel Advisors LLC grew its position in shares of Compania de Minas Buenaventura SAA by 276.3% during the 4th quarter. Parallel Advisors LLC now owns 8,361 shares of the mining company’s stock valued at $135,000 after purchasing an additional 6,139 shares in the last quarter. Engineers Gate Manager LP purchased a new position in shares of Compania de Minas Buenaventura SAA during the 3rd quarter valued at $198,000. HRT Financial LLC purchased a new position in shares of Compania de Minas Buenaventura SAA during the 3rd quarter valued at $198,000. Alta Advisers Ltd purchased a new position in shares of Compania de Minas Buenaventura SAA during the 4th quarter valued at $202,000. Finally, Townsquare Capital LLC purchased a new position in shares of Compania de Minas Buenaventura SAA during the 4th quarter valued at $214,000. Institutional investors and hedge funds own 60.04% of the company’s stock.

A number of research analysts have recently commented on BVN shares. Scotiabank lowered shares of Compania de Minas Buenaventura SAA from a “sector perform” rating to an “underperform” rating in a research report on Friday, January 18th. Morgan Stanley lowered shares of Compania de Minas Buenaventura SAA from an “overweight” rating to an “equal weight” rating in a research report on Monday, February 25th. Goldman Sachs Group started coverage on shares of Compania de Minas Buenaventura SAA in a research report on Tuesday, February 19th. They set a “sell” rating for the company. Finally, Zacks Investment Research upgraded shares of Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Thursday, January 3rd. Two analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The company has a consensus rating of “Hold” and an average target price of $17.00.

BVN opened at $17.14 on Friday. The firm has a market cap of $4.35 billion, a PE ratio of 53.56 and a beta of 0.51. The company has a quick ratio of 1.57, a current ratio of 1.91 and a debt-to-equity ratio of 0.18. Compania de Minas Buenaventura SAA has a one year low of $11.67 and a one year high of $17.31.

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Compania de Minas Buenaventura SAA Company 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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