Credicorp Ltd. (NYSE:BAP) Shares Sold by Atlas Capital Advisors Inc.

Atlas Capital Advisors Inc. reduced its stake in shares of Credicorp Ltd. (NYSE:BAP) by 38.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,524 shares of the bank’s stock after selling 957 shares during the period. Atlas Capital Advisors Inc.’s holdings in Credicorp were worth $279,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Cerity Partners LLC grew 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 buying an additional 111 shares in the last quarter. BNP Paribas Financial Markets increased its position in Credicorp by 6.7% during the third quarter. BNP Paribas Financial Markets now owns 17,550 shares of the bank’s stock worth $3,176,000 after purchasing an additional 1,105 shares during the last quarter. Verition Fund Management LLC raised its stake in Credicorp by 229.2% during the third quarter. Verition Fund Management LLC now owns 9,613 shares of the bank’s stock worth $1,740,000 after purchasing an additional 6,693 shares during the period. Quantinno Capital Management LP boosted its holdings in Credicorp by 7.0% in the 3rd quarter. Quantinno Capital Management LP now owns 2,314 shares of the bank’s stock valued at $419,000 after purchasing an additional 152 shares during the last quarter. Finally, State Street Corp grew its stake in shares of Credicorp by 2.0% in the 3rd quarter. State Street Corp now owns 1,123,023 shares of the bank’s stock valued at $207,235,000 after buying an additional 21,943 shares during the period. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Credicorp Stock Down 5.3 %

Shares of NYSE:BAP opened at $179.26 on Friday. The company has a market capitalization of $14.26 billion, a price-to-earnings ratio of 9.75, a PEG ratio of 0.56 and a beta of 0.99. Credicorp Ltd. has a 12-month low of $153.27 and a 12-month high of $200.00. The business has a 50-day moving average price of $186.20 and a 200 day moving average price of $185.77. The company has a current ratio of 1.02, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68.

Credicorp (NYSE:BAP) last released its quarterly earnings results on Monday, February 10th. The bank reported $3.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.42 by ($0.66). Credicorp had a net margin of 20.94% and a return on equity of 16.25%. Sell-side analysts expect that Credicorp Ltd. will post 21.9 EPS for the current year.

Analyst Ratings Changes

Separately, Bank of America lowered shares of 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 Company 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.