Trillium Asset Management LLC Sells 2,735 Shares of Credicorp Ltd. (NYSE:BAP)

Trillium Asset Management LLC reduced its holdings in Credicorp Ltd. (NYSE:BAP - Free Report) by 8.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 30,448 shares of the bank's stock after selling 2,735 shares during the quarter. Trillium Asset Management LLC's holdings in Credicorp were worth $5,582,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Credicorp by 782.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,326,947 shares of the bank's stock valued at $240,138,000 after purchasing an additional 1,176,612 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Credicorp during the 3rd quarter worth about $42,794,000. FMR LLC lifted its stake in Credicorp by 6.1% in the third quarter. FMR LLC now owns 3,446,621 shares of the bank's stock valued at $623,735,000 after acquiring an additional 199,137 shares during the last quarter. TT International Asset Management LTD acquired a new stake in shares of Credicorp in the 3rd quarter valued at $25,081,000. Finally, SPX Gestao de Recursos Ltda bought a new stake in shares of Credicorp during the 3rd quarter worth about $22,285,000. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Bank of America downgraded Credicorp from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $209.00 to $208.00 in a research report on Monday, December 16th.

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Credicorp Trading Down 0.6 %

NYSE:BAP traded down $1.14 on Monday, hitting $192.38. 172,551 shares of the stock were exchanged, compared to its average volume of 241,332. The company's 50-day moving average price is $184.95 and its 200 day moving average price is $184.77. Credicorp Ltd. has a 52 week low of $153.27 and a 52 week high of $200.00. The stock has a market capitalization of $15.30 billion, a price-to-earnings ratio of 10.46, a P/E/G ratio of 0.56 and a beta of 1.10. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02.

Credicorp (NYSE:BAP - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The bank reported $3.76 earnings per share (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%. On average, equities research analysts forecast that Credicorp Ltd. will post 21.9 earnings per share for the current year.

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.