Barclays PLC reduced its holdings in Credicorp Ltd. (NYSE:BAP - Free Report) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 217,227 shares of the bank's stock after selling 1,506 shares during the period. Barclays PLC owned about 0.27% of Credicorp worth $39,823,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in BAP. Norges Bank acquired a new stake in Credicorp in the 4th quarter valued at $84,213,000. GQG Partners LLC acquired a new stake in shares of Credicorp in the fourth quarter valued at about $40,187,000. FMR LLC increased its stake in shares of Credicorp by 5.7% during the fourth quarter. FMR LLC now owns 3,642,818 shares of the bank's stock worth $667,801,000 after purchasing an additional 196,197 shares in the last quarter. Axiom Investors LLC DE raised its position in shares of Credicorp by 230.8% during the 4th quarter. Axiom Investors LLC DE now owns 194,209 shares of the bank's stock worth $35,602,000 after purchasing an additional 135,498 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda purchased a new position in Credicorp in the 3rd quarter valued at about $22,285,000. 89.81% of the stock is currently owned by hedge funds and other institutional investors.
Credicorp Price Performance
NYSE:BAP traded up $1.12 during trading hours on Wednesday, hitting $192.39. 57,117 shares of the stock were exchanged, compared to its average volume of 256,088. The firm's fifty day moving average price is $184.52 and its 200 day moving average price is $185.76. Credicorp Ltd. has a 52-week low of $153.27 and a 52-week high of $200.00. The company has a market cap of $15.30 billion, a P/E ratio of 10.46, a P/E/G ratio of 0.56 and a beta of 0.99. The company has a current ratio of 1.02, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68.
Credicorp (NYSE:BAP - Get Free Report) last released its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share (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, equities research analysts anticipate that Credicorp Ltd. will post 21.9 EPS for the current fiscal year.
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.
Further Reading
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
