Compañía de Minas Buenaventura S.A.A. (BVN) Is At $15.52 Formed Wedge; Digi International Has 1.31 Sentiment

May 22, 2018 - By Clifton Ray

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Logo

Digi International Inc (DGII) investors sentiment increased to 1.31 in 2017 Q4. It’s up 0.36, from 0.95 in 2017Q3. The ratio has improved, as 47 hedge funds increased and opened new stock positions, while 36 trimmed and sold positions in Digi International Inc. The hedge funds in our database now hold: 20.88 million shares, up from 20.57 million shares in 2017Q3. Also, the number of hedge funds holding Digi International Inc in top ten stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 4 Reduced: 32 Increased: 34 New Position: 13.

Compañía de Minas Buenaventura S.A.A. (BVN) formed wedge up with $16.14 target or 4.00% above today’s $15.52 share price. Compañía de Minas Buenaventura S.A.A. (BVN) has $3.94 billion valuation. It closed at $15.52 lastly. It is down 16.18% since May 22, 2017 and is uptrending. It has outperformed by 4.63% the S&P500.

Among 4 analysts covering Compania de Minas Buenaventura SA (NYSE:BVN), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Compania de Minas Buenaventura SA had 12 analyst reports since August 4, 2015 according to SRatingsIntel. On Wednesday, April 13 the stock rating was downgraded by HSBC to “Hold”. The rating was downgraded by Credit Suisse to “Neutral” on Monday, September 21. As per Friday, August 7, the company rating was downgraded by Zacks. The stock has “Buy” rating by HSBC on Tuesday, December 13. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Friday, April 15. Bank of America upgraded Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) on Tuesday, June 28 to “Buy” rating. On Friday, July 28 the stock rating was maintained by Credit Suisse with “Hold”. The rating was upgraded by HSBC on Friday, May 6 to “Buy”.

Analysts await Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) to report earnings on July, 26. BVN’s profit will be $83.82 million for 11.76 P/E if the $0.33 EPS becomes a reality. After $0.11 actual earnings per share reported by Compañía de Minas Buenaventura S.A.A. for the previous quarter, Wall Street now forecasts 200.00% EPS growth.

Ratings analysis reveals 50% of Digi Intl’s analysts are positive. Out of 2 Wall Street analysts rating Digi Intl, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. DGII was included in 2 notes of analysts from August 24, 2016. Lake Street maintained Digi International Inc. (NASDAQ:DGII) rating on Friday, January 27. Lake Street has “Buy” rating and $15.0 target. The firm has “Neutral” rating given on Wednesday, August 24 by Sidoti.

Millrace Asset Group Inc. holds 1.83% of its portfolio in Digi International Inc. for 200,000 shares. Punch & Associates Investment Management Inc. owns 1.41 million shares or 1.16% of their US portfolio. Moreover, Edgepoint Investment Group Inc. has 0.26% invested in the company for 1.91 million shares. The Minnesota-based Riverbridge Partners Llc has invested 0.24% in the stock. Heartland Advisors Inc, a Wisconsin-based fund reported 150,000 shares.

Digi International Inc. provides Internet of Things networking hardware products and solutions. The company has market cap of $325.81 million. The firm provides cellular routers that offers connectivity for devices over a cellular data network; cellular gateway products that enable devices or groups of devices to be networked in locations where there is no existing network or where access to a network is prohibited; radio frequency products that utilize a range of wireless protocols for PC-to-device or device-to-device connectivity; and Connect, Rabbit, and ARM embedded systems on module and single board computers for medical, transportation, and industrial device manufacturers. It has a 428.57 P/E ratio. It also offers console and serial servers, as well as universal serial bus -to-serial converters, USB over IP products, and multiport USB hubs.

Analysts await Digi International Inc. (NASDAQ:DGII) to report earnings on July, 26. They expect $0.04 earnings per share, down 50.00% or $0.04 from last year’s $0.08 per share. DGII’s profit will be $1.09 million for 75.00 P/E if the $0.04 EPS becomes a reality. After $-0.01 actual earnings per share reported by Digi International Inc. for the previous quarter, Wall Street now forecasts -500.00% EPS growth.

The stock increased 0.84% or $0.1 during the last trading session, reaching $12. About 38,557 shares traded. Digi International Inc. (DGII) has declined 11.62% since May 22, 2017 and is downtrending. It has underperformed by 23.17% the S&P500.

More recent Digi International Inc. (NASDAQ:DGII) news were published by: Seekingalpha.com which released: “Digi International’s (DGII) CEO Ron Konezny on Q2 2018 Results – Earnings Call Transcript” on April 27, 2018. Also Prnewswire.com published the news titled: “Top Industry Experts and Business Leaders Gather for Digi International Global IoT Conference” on May 15, 2018. Prnewswire.com‘s news article titled: “Digi International Brings Global IoT Leadership to Minnesota-based IoT Fuse Conference” with publication date: April 24, 2018 was also an interesting one.

Since January 1, 0001, it had 0 buys, and 1 sale for $42,000 activity.

Digi International Inc. (NASDAQ:DGII) Institutional Positions Chart

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