LPL Financial LLC raised its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 44.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,419 shares of the bank's stock after buying an additional 1,358 shares during the quarter. LPL Financial LLC's holdings in Credicorp were worth $810,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB boosted its position in shares of Credicorp by 37.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock worth $41,000 after purchasing an additional 62 shares during the period. R Squared Ltd acquired a new position in Credicorp during the 4th quarter worth about $172,000. Aprio Wealth Management LLC purchased a new position in Credicorp during the 4th quarter valued at about $200,000. Callan Family Office LLC purchased a new stake in Credicorp during the fourth quarter worth about $204,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of Credicorp during the fourth quarter worth about $238,000. 89.81% of the stock is currently owned by institutional investors and hedge funds.
Credicorp Stock Up 0.9 %
Shares of BAP traded up $1.73 during midday trading on Wednesday, hitting $193.00. The company had a trading volume of 249,498 shares, compared to its average volume of 257,076. The company's 50-day simple moving average is $184.67 and its 200-day simple moving average is $185.81. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02. Credicorp Ltd. has a 1 year low of $153.27 and a 1 year high of $200.00. The firm has a market capitalization of $15.35 billion, a P/E ratio of 10.50, a P/E/G ratio of 0.56 and a beta of 0.99.
Credicorp (NYSE:BAP - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The bank reported $3.76 earnings per share (EPS) 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%. As a group, sell-side analysts expect that Credicorp Ltd. will post 21.9 EPS for the current year.
Credicorp Company 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.
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