Credicorp Ltd. (NYSE:BAP) Shares Sold by Fourth Sail Capital LP

Fourth Sail Capital LP lowered its stake in Credicorp Ltd. (NYSE:BAP - Free Report) by 45.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,548 shares of the bank's stock after selling 62,808 shares during the period. Credicorp makes up approximately 4.1% of Fourth Sail Capital LP's investment portfolio, making the stock its 11th biggest position. Fourth Sail Capital LP owned 0.09% of Credicorp worth $13,849,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB increased its holdings in shares of 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 acquiring an additional 62 shares during the period. Brown Brothers Harriman & Co. bought a new position in Credicorp in the third quarter worth about $58,000. R Squared Ltd purchased a new stake in shares of Credicorp during the fourth quarter valued at about $172,000. Aprio Wealth Management LLC purchased a new stake in Credicorp during the fourth quarter valued at approximately $200,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of Credicorp in the 4th quarter worth $238,000. 89.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Credicorp Price Performance

NYSE BAP traded down $2.18 during trading hours on Thursday, reaching $181.77. The company's stock had a trading volume of 150,618 shares, compared to its average volume of 240,406. Credicorp Ltd. has a fifty-two week low of $153.27 and a fifty-two week high of $200.00. 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 $184.05 and its two-hundred day moving average is $183.37. The stock has a market cap of $14.46 billion, a PE ratio of 9.88, a PEG ratio of 0.56 and a beta of 1.10.

Credicorp (NYSE:BAP - Get Free Report) last announced its quarterly earnings data 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%. Analysts forecast that Credicorp Ltd. will post 21.9 EPS for the current 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.