Geode Capital Management LLC boosted its stake in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 10.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 503,587 shares of the bank's stock after purchasing an additional 47,449 shares during the period. Geode Capital Management LLC owned about 0.63% of Credicorp worth $91,845,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB grew its stake 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 valued at $41,000 after acquiring an additional 62 shares during the period. R Squared Ltd bought a new stake in shares of Credicorp during the 4th quarter valued at $172,000. Aprio Wealth Management LLC purchased a new position in shares of Credicorp during the 4th quarter valued at $200,000. Callan Family Office LLC bought a new stake in Credicorp during the fourth quarter valued at about $204,000. Finally, Park Avenue Securities LLC bought a new position in shares of Credicorp in the fourth quarter worth about $238,000. Institutional investors own 89.81% of the company's stock.
Credicorp Price Performance
Shares of BAP stock traded down $0.16 during mid-day trading on Wednesday, hitting $184.93. The company had a trading volume of 40,385 shares, compared to its average volume of 255,498. Credicorp Ltd. has a 52-week low of $153.27 and a 52-week high of $200.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.02 and a quick ratio of 1.07. The stock's 50 day moving average price is $184.66 and its 200-day moving average price is $185.62. The company has a market capitalization of $14.71 billion, a P/E ratio of 10.06, a P/E/G ratio of 0.56 and a beta of 0.99.
Credicorp (NYSE:BAP - Get Free Report) last released its quarterly earnings data 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%. Equities research analysts forecast that Credicorp Ltd. will post 21.9 earnings per share for the current 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.
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