Polaris Capital Management LLC increased its stake in shares of Credicorp Ltd. (NYSE:BAP – Get Rating) by 63.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,800 shares of the bank’s stock after acquiring an additional 700 shares during the period. Polaris Capital Management LLC’s holdings in Credicorp were worth $216,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in BAP. FNY Investment Advisers LLC acquired a new stake in shares of Credicorp during the second quarter worth $35,000. Signaturefd LLC raised its holdings in shares of Credicorp by 36.5% during the first quarter. Signaturefd LLC now owns 430 shares of the bank’s stock worth $74,000 after acquiring an additional 115 shares during the period. JJJ Advisors Inc. increased its stake in Credicorp by 23.0% in the 1st quarter. JJJ Advisors Inc. now owns 797 shares of the bank’s stock valued at $137,000 after buying an additional 149 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Credicorp by 20.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,040 shares of the bank’s stock valued at $179,000 after buying an additional 173 shares during the last quarter. Finally, Atlas Capital Advisors LLC increased its stake in Credicorp by 11.7% in the 1st quarter. Atlas Capital Advisors LLC now owns 1,181 shares of the bank’s stock valued at $203,000 after buying an additional 124 shares during the last quarter.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. StockNews.com assumed coverage on shares of Credicorp in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Citigroup upgraded shares of Credicorp from a “neutral” rating to a “buy” rating and lifted their price target for the company from $128.05 to $161.00 in a research note on Tuesday, October 4th.
Credicorp Stock Performance
Credicorp Company Profile
Credicorp Ltd., a financial service holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities.
- Get a free copy of the StockNews.com research report on Credicorp (BAP)
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