Swiss National Bank Has $6.16 Million Stake in Buenaventura Mining Company Inc. (BVN)

Swiss National Bank trimmed its holdings in shares of Buenaventura Mining Company Inc. (NYSE:BVN) by 12.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 481,699 shares of the mining company’s stock after selling 70,494 shares during the quarter. Swiss National Bank owned 189,652.74% of Buenaventura Mining worth $6,161,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of Nova Scotia increased its position in shares of Buenaventura Mining by 43.8% during the second quarter. Bank of Nova Scotia now owns 628,609 shares of the mining company’s stock worth $7,233,000 after acquiring an additional 191,400 shares during the last quarter. Janus Henderson Group PLC bought a new stake in Buenaventura Mining in the second quarter valued at about $1,884,000. Macquarie Group Ltd. increased its holdings in Buenaventura Mining by 39.6% in the second quarter. Macquarie Group Ltd. now owns 4,678,583 shares of the mining company’s stock valued at $53,806,000 after buying an additional 1,326,244 shares during the last quarter. APG Asset Management N.V. increased its holdings in Buenaventura Mining by 116.8% in the third quarter. APG Asset Management N.V. now owns 1,090,300 shares of the mining company’s stock valued at $13,945,000 after buying an additional 587,400 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in Buenaventura Mining by 4.1% in the second quarter. Vanguard Group Inc. now owns 6,246,199 shares of the mining company’s stock valued at $71,832,000 after buying an additional 245,096 shares during the last quarter. 44.95% of the stock is currently owned by institutional investors and hedge funds.

Buenaventura Mining Company Inc. (NYSE BVN) opened at $14.30 on Wednesday. The company has a current ratio of 1.21, a quick ratio of 0.95 and a debt-to-equity ratio of 0.16. Buenaventura Mining Company Inc. has a 52-week low of $9.87 and a 52-week high of $14.96.

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Several analysts recently weighed in on the company. Zacks Investment Research lowered Buenaventura Mining from a “hold” rating to a “sell” rating in a report on Wednesday, September 27th. BidaskClub raised Buenaventura Mining from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Credit Suisse Group reaffirmed a “hold” rating on shares of Buenaventura Mining in a report on Friday, July 28th. Scotiabank raised Buenaventura Mining from an “underperform” rating to a “sector perform” rating in a report on Monday, October 30th. Finally, Morgan Stanley raised Buenaventura Mining from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $13.00 to $17.30 in a report on Monday, September 25th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $16.65.

Buenaventura Mining Company Profile

Compania de Minas Buenaventura SAA. (Buenaventura) is a precious metals company. The Company is engaged in the exploration, mining and processing of gold, silver and other metals in Peru. The Company’s segments include Production and sale of minerals; Exploration and development activities; Construction and engineering services; Energy generation and transmission services; Insurance brokerage; Rental of mining concessions; Holding of investment in shares (mainly in Minera Yanacocha S.R.L.

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Institutional Ownership by Quarter for Buenaventura Mining (NYSE:BVN)

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