Natural Investments LLC purchased a new position in shares of Credicorp Ltd. (NYSE:BAP - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 3,017 shares of the bank's stock, valued at approximately $553,000.
Several other institutional investors have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB increased its position in Credicorp by 37.8% in the 4th 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. Sanctuary Advisors LLC increased its position in Credicorp by 4.2% during the fourth quarter. Sanctuary Advisors LLC now owns 1,529 shares of the bank's stock worth $283,000 after acquiring an additional 62 shares during the period. Wasatch Advisors LP raised its stake in Credicorp by 0.7% during the 3rd quarter. Wasatch Advisors LP now owns 8,886 shares of the bank's stock valued at $1,608,000 after purchasing an additional 65 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Credicorp by 5.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank's stock valued at $292,000 after purchasing an additional 76 shares during the period. Finally, Cerity Partners LLC boosted its holdings in Credicorp by 3.8% in the 3rd quarter. Cerity Partners LLC now owns 3,068 shares of the bank's stock valued at $555,000 after purchasing an additional 111 shares during the period. 89.81% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, Bank of America lowered shares of Credicorp from a "buy" rating to a "neutral" rating and cut their price objective for the company from $209.00 to $208.00 in a research report on Monday, December 16th.
View Our Latest Stock Report on Credicorp
Credicorp Stock Performance
BAP traded up $3.89 during trading on Friday, reaching $188.97. 237,046 shares of the company's stock were exchanged, compared to its average volume of 240,862. The company has a market capitalization of $15.03 billion, a P/E ratio of 10.28, a PEG 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. The business has a 50 day moving average price of $184.10 and a 200 day moving average price of $183.96. Credicorp Ltd. has a fifty-two week low of $153.27 and a fifty-two 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 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%. As a group, analysts predict that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.
Credicorp Company 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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