4,775 Shares in Credicorp Ltd. (NYSE:BAP) Purchased by MBB Public Markets I LLC

MBB Public Markets I LLC acquired a new position in Credicorp Ltd. (NYSE:BAP - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 4,775 shares of the bank's stock, valued at approximately $770,000.

Several other hedge funds have also recently made changes to their positions in BAP. Headlands Technologies LLC bought a new stake in Credicorp in the second quarter valued at $84,000. Parallel Advisors LLC boosted its stake in shares of Credicorp by 25.2% during the 4th quarter. Parallel Advisors LLC now owns 671 shares of the bank's stock valued at $101,000 after purchasing an additional 135 shares in the last quarter. Atlas Capital Advisors LLC increased its position in shares of Credicorp by 14.9% during the second quarter. Atlas Capital Advisors LLC now owns 687 shares of the bank's stock valued at $111,000 after buying an additional 89 shares during the period. Janiczek Wealth Management LLC raised its stake in Credicorp by 7.8% in the first quarter. Janiczek Wealth Management LLC now owns 1,050 shares of the bank's stock worth $178,000 after buying an additional 76 shares in the last quarter. Finally, Tidal Investments LLC purchased a new stake in Credicorp in the first quarter worth about $223,000. 89.81% of the stock is owned by hedge funds and other institutional investors.

Credicorp Stock Down 1.1 %

Credicorp stock traded down $2.10 during trading hours on Wednesday, hitting $180.80. 190,681 shares of the stock traded hands, compared to its average volume of 233,631. Credicorp Ltd. has a one year low of $116.42 and a one year high of $186.36. The company has a market cap of $14.38 billion, a PE ratio of 10.85, a PEG ratio of 0.60 and a beta of 1.14. The firm's 50-day moving average price is $171.88 and its two-hundred day moving average price is $168.35. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.54.

Credicorp (NYSE:BAP - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The bank reported $4.49 earnings per share for the quarter, missing the consensus estimate of $4.64 by ($0.15). The firm had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.32 billion. Credicorp had a return on equity of 14.86% and a net margin of 19.31%. On average, research analysts forecast that Credicorp Ltd. will post 18.86 EPS for the current year.

Credicorp Cuts Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, October 18th. Investors of record on Monday, September 23rd will be given a dividend of $2.9084 per share. The ex-dividend date is Monday, September 23rd. This represents a yield of 3.8%. Credicorp's dividend payout ratio (DPR) is currently 55.07%.

Credicorp 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.