Shares of Credicorp Ltd. (NYSE:BAP - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $200.79 and last traded at $198.46, with a volume of 50639 shares trading hands. The stock had previously closed at $197.87.
Credicorp Trading Down 2.2 %
The company has a current ratio of 1.02, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68. The firm has a market cap of $15.72 billion, a PE ratio of 10.75, a P/E/G ratio of 0.56 and a beta of 0.99. The company's 50-day moving average is $186.19 and its 200 day moving average is $186.33.
Credicorp (NYSE:BAP - Get Free Report) last released its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share (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%. As a group, sell-side analysts predict that Credicorp Ltd. will post 21.9 EPS for the current year.
Hedge Funds Weigh In On Credicorp
A number of large investors have recently made changes to their positions in the business. Nordea Investment Management AB grew its position in Credicorp by 18.5% during the fourth quarter. Nordea Investment Management AB now owns 24,008 shares of the bank's stock valued at $4,362,000 after purchasing an additional 3,753 shares in the last quarter. Artemis Investment Management LLP acquired a new stake in shares of Credicorp during the 4th quarter valued at $9,349,000. Park Avenue Securities LLC purchased a new position in shares of Credicorp during the 4th quarter valued at $238,000. Cerity Partners LLC increased its stake in shares of Credicorp by 31.8% in the fourth quarter. Cerity Partners LLC now owns 4,045 shares of the bank's stock worth $735,000 after acquiring an additional 977 shares during the last quarter. Finally, Atomi Financial Group Inc. raised its holdings in shares of Credicorp by 20.0% during the fourth quarter. Atomi Financial Group Inc. now owns 1,562 shares of the bank's stock worth $286,000 after acquiring an additional 260 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company's stock.
Credicorp Company Profile
(
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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