Credicorp Ltd. (NYSE:BAP - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $208.18 and last traded at $205.22, with a volume of 7378 shares traded. The stock had previously closed at $205.37.
Credicorp Stock Performance
The stock has a market capitalization of $16.44 billion, a price-to-earnings ratio of 11.24, a P/E/G ratio of 0.56 and a beta of 1.00. The company's fifty day simple moving average is $191.32 and its 200 day simple moving average is $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.
Credicorp Increases Dividend
The company also recently disclosed an annual dividend, which will be paid on Friday, June 13th. Investors of record on Monday, May 19th will be given a dividend of $10.9577 per share. This is a boost from Credicorp's previous annual dividend of $2.91. The ex-dividend date of this dividend is Monday, May 19th. This represents a yield of 4.5%. Credicorp's dividend payout ratio is currently 59.22%.
Institutional Investors Weigh In On Credicorp
Institutional investors and hedge funds have recently bought and sold shares of the company. SVB Wealth LLC bought a new position in Credicorp in the 1st quarter valued at approximately $35,000. Headlands Technologies LLC bought a new position in Credicorp in the 4th quarter valued at approximately $38,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Credicorp in the 4th quarter valued at approximately $40,000. Cullen Frost Bankers Inc. bought a new position in Credicorp in the 1st quarter valued at approximately $40,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in Credicorp by 37.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock valued at $41,000 after purchasing an additional 62 shares during the period. Institutional investors own 89.81% of the company's stock.
About Credicorp
(
Get 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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