Artemis Investment Management LLP purchased a new stake in Credicorp Ltd. (NYSE:BAP - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 51,000 shares of the bank's stock, valued at approximately $9,349,000. Artemis Investment Management LLP owned approximately 0.06% of Credicorp at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. bought a new stake in shares of Credicorp during the third quarter worth approximately $58,000. Aprio Wealth Management LLC acquired a new position in shares of Credicorp in the 4th quarter valued at $200,000. Dynamic Advisor Solutions LLC bought a new position in shares of Credicorp in the 3rd quarter worth $216,000. Sanctuary Advisors LLC acquired a new stake in shares of Credicorp during the second quarter worth $210,000. Finally, Park Avenue Securities LLC bought a new stake in Credicorp in the fourth quarter valued at about $238,000. Institutional investors and hedge funds own 89.81% of the company's stock.
Analyst Ratings Changes
BAP has been the subject of several analyst reports. Bank of America lowered Credicorp from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $209.00 to $208.00 in a research report on Monday, December 16th. The Goldman Sachs Group boosted their price target on shares of Credicorp from $143.00 to $160.00 and gave the company a "sell" rating in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. raised their price objective on Credicorp from $200.00 to $219.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 12th.
View Our Latest Stock Report on Credicorp
Credicorp Stock Down 2.7 %
BAP traded down $4.95 during trading on Monday, hitting $181.80. The company had a trading volume of 372,958 shares, compared to its average volume of 206,978. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $14.46 billion, a PE ratio of 10.43, a PEG ratio of 0.48 and a beta of 1.12. Credicorp Ltd. has a one year low of $146.05 and a one year high of $200.00. The firm's 50-day moving average price is $187.42 and its 200 day moving average price is $179.70.
Credicorp Profile
(
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.
Recommended Stories
Before you consider Credicorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Credicorp wasn't on the list.
While Credicorp currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
