Credicorp Ltd. (NYSE:BAP) Shares Purchased by Barings LLC

Barings LLC raised its stake in shares of Credicorp Ltd. (NYSE:BAP) by 8.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 34,737 shares of the bank’s stock after buying an additional 2,567 shares during the quarter. Barings LLC’s holdings in Credicorp were worth $6,368,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. NS Partners Ltd grew its holdings in Credicorp by 33.2% during the 4th quarter. NS Partners Ltd now owns 80,200 shares of the bank’s stock valued at $14,702,000 after buying an additional 20,000 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Credicorp by 5.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank’s stock valued at $292,000 after buying an additional 76 shares during the last quarter. Callan Family Office LLC acquired a new stake in Credicorp during the 4th quarter valued at $204,000. Candriam S.C.A. acquired a new stake in Credicorp during the 4th quarter valued at $11,348,000. Finally, Assetmark Inc. grew its holdings in Credicorp by 173.1% during the 4th quarter. Assetmark Inc. now owns 17,701 shares of the bank’s stock valued at $3,245,000 after buying an additional 11,220 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Credicorp Trading Down 0.2 %

Shares of Credicorp stock opened at $181.68 on Friday. Credicorp Ltd. has a fifty-two week low of $153.27 and a fifty-two week high of $200.00. The firm has a market cap of $14.45 billion, a PE ratio of 9.88, a P/E/G ratio of 0.56 and a beta of 1.10. The business’s fifty day moving average is $184.05 and its two-hundred day moving average is $183.54. The company has a quick ratio of 1.07, a current ratio of 1.02 and a debt-to-equity ratio of 0.68.

Credicorp (NYSE:BAP) last issued its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share 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 anticipate that Credicorp Ltd. will post 21.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

BAP has been the topic of a number of recent analyst reports. Bank of America lowered Credicorp from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $209.00 to $208.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. increased their price target on Credicorp from $200.00 to $219.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th.

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.