Credicorp Ltd. (NYSE:BAP) Shares Sold by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. lessened its holdings in Credicorp Ltd. (NYSE:BAP - Free Report) by 18.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,460 shares of the bank's stock after selling 1,710 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in Credicorp were worth $1,368,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in BAP. MassMutual Private Wealth & Trust FSB grew its holdings in 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 purchasing an additional 62 shares in the last quarter. R Squared Ltd purchased a new position in Credicorp in the fourth quarter valued at about $172,000. Aprio Wealth Management LLC acquired a new stake in Credicorp during the 4th quarter valued at approximately $200,000. Callan Family Office LLC acquired a new position in shares of Credicorp in the 4th quarter valued at approximately $204,000. Finally, Park Avenue Securities LLC purchased a new position in shares of Credicorp during the 4th quarter valued at approximately $238,000. 89.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

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Credicorp Stock Performance

Shares of Credicorp stock traded down $9.98 on Friday, reaching $179.26. 646,325 shares of the company were exchanged, compared to its average volume of 250,974. Credicorp Ltd. has a 1-year low of $153.27 and a 1-year high of $200.00. The firm has a market cap of $14.26 billion, a price-to-earnings ratio of 9.75, a P/E/G 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 $186.20 and its two-hundred day moving average is $185.85.

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, research analysts expect that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.

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.