GQG Partners LLC purchased a new stake in shares of Credicorp Ltd. (NYSE:BAP - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 219,219 shares of the bank's stock, valued at approximately $40,187,000. GQG Partners LLC owned approximately 0.28% of Credicorp at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its stake 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. Brown Brothers Harriman & Co. bought a new position in Credicorp in the 3rd quarter valued at approximately $58,000. R Squared Ltd purchased a new stake in Credicorp during the 4th quarter valued at $172,000. Aprio Wealth Management LLC bought a new stake in shares of Credicorp in the 4th quarter worth $200,000. Finally, Callan Family Office LLC purchased a new position in shares of Credicorp in the fourth quarter worth $204,000. Hedge funds and other institutional investors own 89.81% of the company's stock.
Credicorp Stock Performance
BAP traded down $2.46 during mid-day trading on Friday, reaching $188.17. 244,673 shares of the company traded hands, compared to its average volume of 250,020. The company's fifty day moving average price is $185.61 and its 200-day moving average price is $185.38. The stock has a market capitalization of $14.97 billion, a P/E ratio of 10.23, a P/E/G ratio of 0.56 and a beta of 1.10. The company has a quick ratio of 1.07, a current ratio of 1.02 and a debt-to-equity ratio of 0.68. Credicorp Ltd. has a 52-week low of $153.27 and a 52-week high of $200.00.
Credicorp (NYSE:BAP - Get Free Report) last posted its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share for the quarter, missing analysts' consensus estimates of $4.42 by ($0.66). Credicorp had a net margin of 20.94% and a return on equity of 16.25%. On average, sell-side analysts expect that Credicorp Ltd. will post 21.9 EPS for the current year.
Analyst Ratings Changes
Separately, Bank of America cut Credicorp from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $209.00 to $208.00 in a research report on Monday, December 16th.
View Our Latest Stock Analysis on Credicorp
About Credicorp
(
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.
Read More
Before you consider Credicorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Credicorp wasn't on the list.
While Credicorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
