National Pension Service Has $3.20 Million Holdings in Credicorp Ltd. (NYSE:BAP)

National Pension Service lowered its holdings in Credicorp Ltd. (NYSE:BAP - Free Report) by 10.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,475 shares of the bank's stock after selling 2,098 shares during the period. National Pension Service's holdings in Credicorp were worth $3,204,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of BAP. MassMutual Private Wealth & Trust FSB boosted its holdings in Credicorp by 37.8% in the 4th 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. Brown Brothers Harriman & Co. bought a new stake in Credicorp in the 3rd quarter valued at about $58,000. R Squared Ltd bought a new stake in Credicorp in the 4th quarter valued at about $172,000. Aprio Wealth Management LLC bought a new stake in Credicorp in the 4th quarter valued at about $200,000. Finally, Cigna Investments Inc. New bought a new stake in shares of Credicorp during the 3rd quarter worth approximately $237,000. Institutional investors own 89.81% of the company's stock.

Credicorp Price Performance

BAP stock traded up $0.72 during trading on Wednesday, reaching $183.66. 297,079 shares of the company were exchanged, compared to its average volume of 240,799. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.02 and a quick ratio of 1.07. Credicorp Ltd. has a twelve month low of $153.27 and a twelve month high of $200.00. The company has a 50-day moving average of $184.05 and a two-hundred day moving average of $183.37. The company has a market capitalization of $14.61 billion, a price-to-earnings ratio of 9.99, a P/E/G ratio of 0.56 and a beta of 1.10.

Credicorp (NYSE:BAP - Get Free Report) last announced its quarterly earnings results 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 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.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Credicorp from $200.00 to $219.00 and gave the stock an "overweight" rating in a report on Tuesday, November 12th. Bank of America cut shares of Credicorp from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $209.00 to $208.00 in a research report on Monday, December 16th.

Credicorp Company 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.