Credicorp Ltd. (NYSE:BAP) Shares Sold by TT International Asset Management LTD

TT International Asset Management LTD reduced its position in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 98.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,700 shares of the bank's stock after selling 135,893 shares during the period. TT International Asset Management LTD's holdings in Credicorp were worth $494,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of BAP. Headlands Technologies LLC acquired a new position in Credicorp in the 2nd quarter valued at about $84,000. Qsemble Capital Management LP acquired a new position in shares of Credicorp in the second quarter valued at approximately $280,000. DekaBank Deutsche Girozentrale increased its stake in Credicorp by 0.8% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 21,871 shares of the bank's stock worth $3,446,000 after buying an additional 179 shares during the period. William Blair Investment Management LLC boosted its position in Credicorp by 13.9% in the 2nd quarter. William Blair Investment Management LLC now owns 318,666 shares of the bank's stock valued at $51,410,000 after buying an additional 39,001 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in Credicorp by 0.9% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,029,014 shares of the bank's stock valued at $488,671,000 after buying an additional 25,972 shares during the period. 89.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BAP has been the topic of a number of recent research reports. The Goldman Sachs Group upped their price objective on Credicorp from $143.00 to $160.00 and gave the stock a "sell" rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. upped their price target on Credicorp from $200.00 to $219.00 and gave the stock an "overweight" rating in a report on Tuesday, November 12th. Finally, Bank of America lowered Credicorp from a "buy" rating to a "neutral" rating and reduced their price target for the company from $209.00 to $208.00 in a research report on Monday, December 16th.

Credicorp Stock Up 0.0 %

Shares of Credicorp stock traded up $0.08 during trading on Monday, hitting $180.20. 434,031 shares of the stock were exchanged, compared to its average volume of 247,332. The stock has a market cap of $14.33 billion, a price-to-earnings ratio of 10.34, a price-to-earnings-growth ratio of 0.66 and a beta of 1.12. The firm's 50-day moving average price is $187.17 and its 200 day moving average price is $178.81. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.07 and a quick ratio of 1.07. Credicorp Ltd. has a 12-month low of $145.49 and a 12-month high of $200.00.

About Credicorp

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.