Amundi Sells 9,452 Shares of Credicorp Ltd. (NYSE:BAP)

Amundi reduced its position in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 383,604 shares of the bank's stock after selling 9,452 shares during the period. Amundi owned 0.48% of Credicorp worth $70,498,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of BAP. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Credicorp by 782.7% during the 3rd 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 buying an additional 1,176,612 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Credicorp during the 3rd quarter worth $42,794,000. FMR LLC boosted its holdings in shares of Credicorp by 6.1% during the 3rd quarter. FMR LLC now owns 3,446,621 shares of the bank's stock worth $623,735,000 after buying an additional 199,137 shares during the period. TT International Asset Management LTD bought a new stake in shares of Credicorp during the 3rd quarter worth $25,081,000. Finally, SPX Gestao de Recursos Ltda bought a new stake in shares of Credicorp during the 3rd quarter worth $22,285,000. 89.81% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BAP shares. JPMorgan Chase & Co. increased their price target on shares of Credicorp from $200.00 to $219.00 and gave the company an "overweight" rating in a report on Tuesday, November 12th. Bank of America downgraded shares of Credicorp from a "buy" rating to a "neutral" rating and reduced their price target for the company from $209.00 to $208.00 in a report on Monday, December 16th.

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Credicorp Price Performance

Shares of Credicorp stock opened at $181.05 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.02 and a quick ratio of 1.07. Credicorp Ltd. has a fifty-two week low of $153.27 and a fifty-two week high of $200.00. The firm has a fifty day moving average price of $184.00 and a two-hundred day moving average price of $183.82. The company has a market cap of $14.40 billion, a PE ratio of 9.84, a price-to-earnings-growth ratio of 0.56 and a beta of 1.10.

Credicorp (NYSE:BAP - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The bank reported $3.76 earnings per share for the quarter, missing analysts' consensus estimates of $4.42 by ($0.66). Credicorp had a net margin of 20.94% and a return on equity of 16.25%. Analysts expect that Credicorp Ltd. will post 21.9 EPS for the current year.

Credicorp Company Profile

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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