Credicorp Ltd. (NYSE:BAP) Shares Bought by Lazard Asset Management LLC

Lazard Asset Management LLC raised its position in Credicorp Ltd. (NYSE:BAP - Free Report) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 747,720 shares of the bank's stock after buying an additional 20,785 shares during the period. Lazard Asset Management LLC owned about 0.94% of Credicorp worth $137,070,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Credicorp by 37.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock worth $41,000 after purchasing an additional 62 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in Credicorp by 4.2% in the fourth quarter. Sanctuary Advisors LLC now owns 1,529 shares of the bank's stock valued at $283,000 after acquiring an additional 62 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Credicorp by 4.2% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,555 shares of the bank's stock valued at $285,000 after acquiring an additional 63 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Credicorp by 4.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,628 shares of the bank's stock worth $298,000 after purchasing an additional 67 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Credicorp by 5.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank's stock worth $292,000 after purchasing an additional 76 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Credicorp Trading Down 0.9%

NYSE:BAP traded down $1.87 during trading hours on Friday, reaching $206.65. 367,109 shares of the stock were exchanged, compared to its average volume of 257,164. Credicorp Ltd. has a twelve month low of $153.27 and a twelve month high of $210.71. The business has a 50-day moving average of $191.32 and a two-hundred day moving average of $187.62. 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 capitalization of $16.44 billion, a price-to-earnings ratio of 11.24, a PEG ratio of 0.56 and a beta of 1.00.

Credicorp Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, May 19th will be given a dividend of $10.9577 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a dividend yield of 4.5%. This is a positive change from Credicorp's previous annual dividend of $2.91. Credicorp's dividend payout ratio is currently 59.22%.

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.