Credicorp Ltd. (NYSE:BAP) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lifted its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 30.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,835 shares of the bank's stock after purchasing an additional 3,232 shares during the period. O Shaughnessy Asset Management LLC's holdings in Credicorp were worth $2,536,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. State Street Corp grew its holdings in Credicorp by 2.0% in the third quarter. State Street Corp now owns 1,123,023 shares of the bank's stock valued at $207,235,000 after purchasing an additional 21,943 shares during the period. Ninety One UK Ltd increased its holdings in shares of Credicorp by 4.7% during the 4th quarter. Ninety One UK Ltd now owns 1,089,334 shares of the bank's stock worth $199,697,000 after buying an additional 49,031 shares during the last quarter. Pzena Investment Management LLC raised its position in shares of Credicorp by 5.2% in the 4th quarter. Pzena Investment Management LLC now owns 1,080,579 shares of the bank's stock worth $198,092,000 after buying an additional 53,746 shares during the period. ARGA Investment Management LP boosted its holdings in Credicorp by 0.9% in the fourth quarter. ARGA Investment Management LP now owns 794,587 shares of the bank's stock valued at $145,664,000 after acquiring an additional 6,864 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Credicorp by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 659,904 shares of the bank's stock valued at $120,974,000 after acquiring an additional 19,145 shares during the period. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Credicorp Stock Up 2.6 %

Credicorp stock traded up $4.49 during trading on Tuesday, reaching $175.40. 150,704 shares of the company's stock were exchanged, compared to its average volume of 253,256. Credicorp Ltd. has a 52-week low of $153.27 and a 52-week high of $200.00. The firm has a market cap of $13.95 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 0.56 and a beta of 0.99. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02. The company's 50-day moving average is $185.99 and its two-hundred day moving average is $185.82.

Credicorp (NYSE:BAP - Get Free Report) last issued its earnings results 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%. On average, analysts predict that Credicorp Ltd. will post 21.9 earnings per share for the current 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.