Baillie Gifford & Co. Sells 51,935 Shares of Credicorp Ltd. (NYSE:BAP)

Baillie Gifford & Co. trimmed its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,622,326 shares of the bank's stock after selling 51,935 shares during the period. Baillie Gifford & Co. owned 2.04% of Credicorp worth $297,405,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. FMR LLC raised its stake in shares of 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 buying an additional 199,137 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Credicorp by 0.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,042,882 shares of the bank's stock worth $550,670,000 after buying an additional 13,868 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake 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 buying an additional 1,176,612 shares during the last quarter. State Street Corp raised its stake in shares of Credicorp by 2.0% during the third quarter. State Street Corp now owns 1,123,023 shares of the bank's stock worth $207,235,000 after buying an additional 21,943 shares during the last quarter. Finally, Ninety One UK Ltd raised its stake in shares of Credicorp by 4.7% during the fourth quarter. Ninety One UK Ltd now owns 1,089,334 shares of the bank's stock worth $199,697,000 after buying an additional 49,031 shares during the last quarter. 89.81% of the stock is owned by institutional investors.

Credicorp Stock Up 0.3 %

Shares of Credicorp stock traded up $0.61 on Thursday, hitting $184.76. The company had a trading volume of 365,937 shares, compared to its average volume of 268,313. The firm has a market capitalization of $14.69 billion, a P/E ratio of 10.05, a P/E/G ratio of 0.58 and a beta of 1.12. Credicorp Ltd. has a twelve month low of $153.27 and a twelve month high of $200.00. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a 50-day moving average of $184.44 and a 200-day moving average of $182.17.

Credicorp (NYSE:BAP - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The bank reported $3.76 earnings per share for the quarter, missing the consensus estimate of $4.42 by ($0.66). Credicorp had a net margin of 20.94% and a return on equity of 16.43%. Research analysts predict that Credicorp Ltd. will post 21.9 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective 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 cut shares of Credicorp from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $209.00 to $208.00 in a report on Monday, December 16th.

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.