Dodge & Cox lowered its position in Credicorp Ltd. (NYSE:BAP - Free Report) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,337,180 shares of the bank's stock after selling 73,700 shares during the quarter. Dodge & Cox owned 6.71% of Credicorp worth $978,412,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in shares of Credicorp during the 4th quarter valued at $38,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of Credicorp by 37.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock worth $41,000 after buying an additional 62 shares during the period. Wells Fargo & Company MN grew its stake in shares of Credicorp by 45.7% in the fourth quarter. Wells Fargo & Company MN now owns 692 shares of the bank's stock valued at $127,000 after buying an additional 217 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Credicorp during the 4th quarter valued at about $172,000. Finally, Aprio Wealth Management LLC acquired a new position in Credicorp during the 4th quarter worth approximately $200,000. Hedge funds and other institutional investors own 89.81% of the company's stock.
Credicorp Stock Up 0.1 %
NYSE:BAP traded up $0.14 during trading hours on Friday, hitting $185.33. The stock had a trading volume of 180,431 shares, compared to its average volume of 256,663. The business has a 50 day simple moving average of $184.45 and a two-hundred day simple moving average of $185.64. 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 company has a market cap of $14.74 billion, a PE ratio of 10.08, a price-to-earnings-growth ratio of 0.56 and a beta of 0.99.
Credicorp (NYSE:BAP - Get Free Report) last released 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 return on equity of 16.25% and a net margin of 20.94%. Analysts predict that Credicorp Ltd. will post 21.9 EPS for the current year.
Credicorp 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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