Legal & General Group Plc lessened its holdings in Credicorp Ltd. (NYSE:BAP - Free Report) by 23.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 667,977 shares of the bank's stock after selling 201,796 shares during the period. Legal & General Group Plc owned 0.84% of Credicorp worth $122,454,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of BAP. Headlands Technologies LLC bought a new position in shares of Credicorp in the 4th quarter valued at approximately $38,000. MassMutual Private Wealth & Trust FSB raised its position in shares of Credicorp by 37.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock valued at $41,000 after purchasing an additional 62 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Credicorp by 45.7% in the fourth quarter. Wells Fargo & Company MN now owns 692 shares of the bank's stock worth $127,000 after buying an additional 217 shares during the last quarter. R Squared Ltd bought a new stake in shares of Credicorp during the 4th quarter worth $172,000. Finally, Aprio Wealth Management LLC acquired a new position in Credicorp in the 4th quarter valued at $200,000. 89.81% of the stock is currently owned by institutional investors.
Credicorp Stock Performance
BAP traded up $0.90 during trading on Wednesday, hitting $185.98. The stock had a trading volume of 96,017 shares, compared to its average volume of 306,597. 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 Ltd. has a 12 month low of $153.27 and a 12 month high of $200.00. The company has a 50 day simple moving average of $184.66 and a 200-day simple moving average of $185.62. The firm has a market cap of $14.79 billion, a PE ratio of 10.11, a P/E/G ratio of 0.56 and a beta of 0.99.
Credicorp (NYSE:BAP - Get Free Report) last posted its quarterly earnings data 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 return on equity of 16.25% and a net margin of 20.94%. Analysts expect that Credicorp Ltd. will post 21.9 EPS for the current year.
Credicorp Profile
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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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