Envestnet Asset Management Inc. Sells 1,575 Shares of Credicorp Ltd. (NYSE:BAP)

Envestnet Asset Management Inc. decreased its position in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,769 shares of the bank's stock after selling 1,575 shares during the quarter. Envestnet Asset Management Inc. owned about 0.12% of Credicorp worth $18,106,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB boosted its position in shares of Credicorp by 37.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock valued at $41,000 after buying an additional 62 shares during the last quarter. Sanctuary Advisors LLC lifted its position in shares of Credicorp by 4.2% during the fourth quarter. Sanctuary Advisors LLC now owns 1,529 shares of the bank's stock valued at $283,000 after purchasing an additional 62 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Credicorp by 4.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,555 shares of the bank's stock valued at $285,000 after buying an additional 63 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Credicorp by 4.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,628 shares of the bank's stock worth $298,000 after buying an additional 67 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Credicorp by 5.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank's stock worth $292,000 after purchasing an additional 76 shares during the last quarter. 89.81% of the stock is owned by institutional investors and hedge funds.

Credicorp Stock Performance

Shares of Credicorp stock traded up $0.14 during trading hours on Friday, hitting $185.33. 180,431 shares of the company's stock traded hands, compared to its average volume of 256,917. The stock has a market capitalization of $14.74 billion, a price-to-earnings ratio of 10.08, a PEG ratio of 0.56 and a beta of 0.99. 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 12-month low of $153.27 and a 12-month high of $200.00. The company has a fifty day simple moving average of $184.38 and a 200-day simple moving average of $185.66.

Credicorp (NYSE:BAP - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The bank reported $3.76 EPS for the quarter, missing analysts' consensus estimates of $4.42 by ($0.66). Credicorp had a return on equity of 16.25% and a net margin of 20.94%. Equities research analysts anticipate that Credicorp Ltd. will post 21.9 EPS 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.