Bamco Inc. NY Grows Position in Credicorp Ltd. (NYSE:BAP)

Bamco Inc. NY boosted its position in Credicorp Ltd. (NYSE:BAP - Free Report) by 2.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 404,539 shares of the bank's stock after acquiring an additional 11,583 shares during the period. Bamco Inc. NY owned 0.51% of Credicorp worth $74,160,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Itau Unibanco Holding S.A. lifted its stake in shares of Credicorp by 243.8% during the 4th quarter. Itau Unibanco Holding S.A. now owns 1,716,777 shares of the bank's stock valued at $290,920,000 after buying an additional 1,217,368 shares in the last quarter. Norges Bank purchased a new stake in shares of Credicorp during the fourth quarter worth $84,213,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Credicorp by 59.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 757,271 shares of the bank's stock worth $138,824,000 after acquiring an additional 282,869 shares during the period. Canada Pension Plan Investment Board grew its position in shares of Credicorp by 130.9% in the fourth quarter. Canada Pension Plan Investment Board now owns 494,526 shares of the bank's stock valued at $90,657,000 after purchasing an additional 280,361 shares in the last quarter. Finally, GQG Partners LLC bought a new stake in shares of Credicorp during the 4th quarter valued at $40,187,000. 89.81% of the stock is owned by hedge funds and other institutional investors.

Credicorp Price Performance

BAP traded down $1.72 during trading on Wednesday, reaching $200.16. 331,344 shares of the company were exchanged, compared to its average volume of 258,231. Credicorp Ltd. has a 12-month low of $153.27 and a 12-month high of $203.09. The company's 50-day moving average is $187.65 and its two-hundred day moving average is $186.72. The company has a quick ratio of 1.07, a current ratio of 1.02 and a debt-to-equity ratio of 0.68. The company has a market cap of $15.92 billion, a price-to-earnings ratio of 10.88, a P/E/G ratio of 0.56 and a beta of 1.00.

Credicorp (NYSE:BAP - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The bank reported $3.76 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%. Research 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.