Aristotle Capital Management LLC cut its stake in Credicorp Ltd. (NYSE:BAP - Free Report) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 824,370 shares of the bank's stock after selling 19,932 shares during the period. Aristotle Capital Management LLC owned 1.04% of Credicorp worth $151,124,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the stock. Headlands Technologies LLC acquired a new stake in Credicorp during the fourth quarter valued at approximately $38,000. MassMutual Private Wealth & Trust FSB grew its position in shares of 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 acquiring an additional 62 shares during the last quarter. Quarry LP acquired a new stake in shares of Credicorp in the fourth quarter valued at approximately $47,000. Wells Fargo & Company MN raised its stake in Credicorp by 45.7% during the 4th quarter. Wells Fargo & Company MN now owns 692 shares of the bank's stock valued at $127,000 after acquiring an additional 217 shares in the last quarter. Finally, R Squared Ltd bought a new stake in shares of Credicorp during the fourth quarter valued at about $172,000. Institutional investors and hedge funds own 89.81% of the company's stock.
Credicorp Price Performance
Shares of NYSE BAP traded up $3.20 during trading on Thursday, hitting $203.47. The company had a trading volume of 79,306 shares, compared to its average volume of 257,536. The business's 50-day moving average is $188.00 and its 200 day moving average is $186.81. The company has a market cap of $16.18 billion, a P/E ratio of 11.06, a PEG ratio of 0.56 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02. Credicorp Ltd. has a 52 week low of $153.27 and a 52 week high of $204.29.
Credicorp (NYSE:BAP - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The bank reported $3.76 EPS for the quarter, missing the consensus estimate of $4.42 by ($0.66). Credicorp had a net margin of 20.94% and a return on equity of 16.25%. Equities research analysts predict that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.
About Credicorp
(
Free Report)
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.
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