Compass Group LLC reduced its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 6.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,527 shares of the bank's stock after selling 2,681 shares during the quarter. Credicorp comprises 38.1% of Compass Group LLC's investment portfolio, making the stock its biggest position. Compass Group LLC's holdings in Credicorp were worth $6,696,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Nordea Investment Management AB increased its holdings in Credicorp by 18.5% during the 4th quarter. Nordea Investment Management AB now owns 24,008 shares of the bank's stock worth $4,362,000 after acquiring an additional 3,753 shares during the period. Artemis Investment Management LLP bought a new position in shares of Credicorp in the 4th quarter worth $9,349,000. Park Avenue Securities LLC bought a new position in shares of Credicorp in the 4th quarter worth $238,000. Cerity Partners LLC increased its holdings in shares of Credicorp by 31.8% in the 4th quarter. Cerity Partners LLC now owns 4,045 shares of the bank's stock worth $735,000 after buying an additional 977 shares during the last quarter. Finally, Atomi Financial Group Inc. increased its holdings in shares of Credicorp by 20.0% in the 4th quarter. Atomi Financial Group Inc. now owns 1,562 shares of the bank's stock worth $286,000 after buying an additional 260 shares during the last quarter. Institutional investors own 89.81% of the company's stock.
Credicorp Trading Down 0.8 %
Shares of BAP stock traded down $1.52 on Wednesday, hitting $198.65. 89,369 shares of the company's stock traded hands, compared to its average volume of 255,994. 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 one year low of $153.27 and a one year high of $202.54. The company's fifty day simple moving average is $185.73 and its 200 day simple moving average is $186.23. The stock has a market capitalization of $15.80 billion, a price-to-earnings ratio of 10.80, a P/E/G ratio of 0.56 and a beta of 0.99.
Credicorp (NYSE:BAP - Get Free Report) last announced its quarterly 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 net margin of 20.94% and a return on equity of 16.25%. Equities analysts forecast that Credicorp Ltd. will post 21.9 EPS for the current 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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