American Century Companies Inc. boosted its position in Credicorp Ltd. (NYSE:BAP - Free Report) by 1.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 318,211 shares of the bank's stock after purchasing an additional 3,104 shares during the quarter. American Century Companies Inc. owned about 0.40% of Credicorp worth $58,334,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Credicorp by 782.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,326,947 shares of the bank's stock worth $240,138,000 after purchasing an additional 1,176,612 shares during the period. Public Employees Retirement System of Ohio acquired a new position in Credicorp in the third quarter valued at about $42,794,000. FMR LLC lifted its position in Credicorp by 6.1% during the third quarter. FMR LLC now owns 3,446,621 shares of the bank's stock worth $623,735,000 after purchasing an additional 199,137 shares during the period. TT International Asset Management LTD acquired a new stake in Credicorp during the third quarter worth about $25,081,000. Finally, SPX Gestao de Recursos Ltda bought a new position in Credicorp in the 3rd quarter valued at about $22,285,000. Institutional investors own 89.81% of the company's stock.
Credicorp Price Performance
Shares of Credicorp stock traded down $2.46 during trading on Friday, reaching $188.17. 244,673 shares of the company's stock were exchanged, compared to its average volume of 250,020. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02. Credicorp Ltd. has a 1-year low of $153.27 and a 1-year high of $200.00. The company has a market cap of $14.97 billion, a P/E ratio of 10.23, a PEG ratio of 0.56 and a beta of 1.10. The firm's 50-day moving average price is $185.61 and its 200 day moving average price is $185.38.
Credicorp (NYSE:BAP - Get Free Report) last posted its earnings results on Monday, February 10th. The bank reported $3.76 EPS for the quarter, missing analysts' consensus estimates of $4.42 by ($0.66). Credicorp had a return on equity of 16.25% and a net margin of 20.94%. As a group, research analysts anticipate that Credicorp Ltd. will post 21.9 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, Bank of America downgraded shares of Credicorp from a "buy" rating to a "neutral" rating and cut their price target for the stock from $209.00 to $208.00 in a report on Monday, December 16th.
Check Out Our Latest Stock Report on BAP
About Credicorp
(
Free Report)
Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts.
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