Aviva PLC increased its position in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 5.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,575,568 shares of the basic materials company’s stock after purchasing an additional 89,524 shares during the quarter. Aviva PLC owned 3.38% of Compania de Minas Buenaventura worth $16,549,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. increased its stake in shares of Compania de Minas Buenaventura by 2.0% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 507,404 shares of the basic materials company’s stock valued at $9,905,000 after purchasing an additional 10,775 shares during the period. TD Asset Management Inc. increased its stake in shares of Compania de Minas Buenaventura by 5.6% in the 4th quarter. TD Asset Management Inc. now owns 217,311 shares of the basic materials company’s stock valued at $3,360,000 after purchasing an additional 11,239 shares during the period. Victory Capital Management Inc. increased its stake in shares of Compania de Minas Buenaventura by 10.1% in the 4th quarter. Victory Capital Management Inc. now owns 117,087 shares of the basic materials company’s stock valued at $2,785,000 after purchasing an additional 10,346 shares during the period. BlackRock Inc. increased its stake in shares of Compania de Minas Buenaventura by 0.8% in the 4th quarter. BlackRock Inc. now owns 13,926,892 shares of the basic materials company’s stock valued at $278,031,000 after purchasing an additional 123,802 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of Compania de Minas Buenaventura by 8.2% in the 4th quarter. Rhumbline Advisers now owns 108,819 shares of the basic materials company’s stock valued at $2,772,000 after purchasing an additional 8,203 shares during the period. 2.65% of the stock is owned by institutional investors.

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A number of brokerages have recently weighed in on BVN. Wells Fargo & Co reiterated a “market perform” rating and issued a $9.00 price objective (down previously from $10.00) on shares of Compania de Minas Buenaventura in a research note on Friday, February 2nd. Guggenheim reiterated a “buy” rating and issued a $16.00 price objective on shares of Compania de Minas Buenaventura in a research note on Thursday, January 17th. ValuEngine cut Compania de Minas Buenaventura from a “buy” rating to a “hold” rating in a research note on Tuesday, January 15th. Zacks Investment Research upgraded Compania de Minas Buenaventura from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research note on Tuesday, February 5th. Finally, First Analysis reiterated a “buy” rating and issued a $13.00 price objective on shares of Compania de Minas Buenaventura in a research note on Thursday, January 17th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $10.65.

Shares of NASDAQ BVN opened at $7.11 on Friday. Compania de Minas Buenaventura SAA has a 52 week low of $6.68 and a 52 week high of $11.95. The stock has a market capitalization of $3.32 billion, a PE ratio of 5.15 and a beta of 0.89.

Compania de Minas Buenaventura (NYSE:BVN) last issued its quarterly earnings results on Tuesday, January 15th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter,