APG Asset Management N.V. Grows Stock Holdings in Credicorp Ltd. (NYSE:BAP)

APG Asset Management N.V. boosted its position in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 15.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 96,424 shares of the bank's stock after buying an additional 13,243 shares during the period. APG Asset Management N.V. owned 0.12% of Credicorp worth $17,070,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its position in 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 last quarter. Sanctuary Advisors LLC boosted its stake in shares of Credicorp by 4.2% during the fourth quarter. Sanctuary Advisors LLC now owns 1,529 shares of the bank's stock worth $283,000 after buying an additional 62 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Credicorp by 4.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 1,555 shares of the bank's stock worth $285,000 after buying an additional 63 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in Credicorp by 4.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,628 shares of the bank's stock valued at $298,000 after acquiring an additional 67 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in Credicorp by 5.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank's stock valued at $292,000 after acquiring an additional 76 shares during the last quarter. 89.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Bank of America lowered Credicorp from a "buy" rating to a "neutral" rating and dropped their target price for the company from $209.00 to $208.00 in a report on Monday, December 16th.

Credicorp Stock Performance

Shares of NYSE:BAP traded up $1.00 during midday trading on Tuesday, hitting $185.28. The stock had a trading volume of 75,166 shares, compared to its average volume of 255,647. Credicorp Ltd. has a 1 year low of $153.27 and a 1 year high of $200.00. The company has a current ratio of 1.02, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68. The stock has a 50 day moving average price of $184.81 and a two-hundred day moving average price of $185.62. The company has a market capitalization of $14.74 billion, a PE ratio of 10.08, a P/E/G ratio of 0.56 and a beta of 0.99.

Credicorp (NYSE:BAP - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The bank reported $3.76 earnings per share for the quarter, missing analysts' consensus estimates of $4.42 by ($0.66). Credicorp had a net margin of 20.94% and a return on equity of 16.25%. As a group, equities analysts predict that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.

Credicorp 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.