Credicorp Ltd. (NYSE:BAP) Shares Bought by Lbp Am Sa

Lbp Am Sa boosted its stake in shares of Credicorp Ltd. (NYSE:BAP) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,097 shares of the bank’s stock after buying an additional 565 shares during the quarter. Lbp Am Sa’s holdings in Credicorp were worth $5,334,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. MassMutual Private Wealth & Trust FSB boosted its stake in Credicorp by 37.8% during the fourth 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 boosted its stake 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 buying an additional 62 shares during the period. Sequoia Financial Advisors LLC boosted its stake in Credicorp by 4.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 1,555 shares of the bank’s stock worth $285,000 after buying an additional 63 shares during the period. Wasatch Advisors LP boosted its stake in Credicorp by 0.7% during the third quarter. Wasatch Advisors LP now owns 8,886 shares of the bank’s stock worth $1,608,000 after buying an additional 65 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Credicorp by 5.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank’s stock worth $292,000 after buying an additional 76 shares during the period. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Bank of America lowered shares of Credicorp from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $209.00 to $208.00 in a research note on Monday, December 16th.

Credicorp Stock Up 2.1 %

Shares of BAP opened at $188.97 on Friday. The stock has a market capitalization of $15.03 billion, a PE ratio of 10.28, a P/E/G ratio of 0.56 and a beta of 1.10. Credicorp Ltd. has a 1 year low of $153.27 and a 1 year high of $200.00. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02. The company’s 50-day simple moving average is $184.10 and its 200-day simple moving average is $183.96.

Credicorp (NYSE:BAP) last issued 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%. Analysts forecast that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.

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.