Credicorp Ltd. (NYSE:BAP - Get Free Report)'s stock price hit a new 52-week high on Friday . The stock traded as high as $210.85 and last traded at $210.83, with a volume of 151838 shares trading hands. The stock had previously closed at $209.79.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut Credicorp from a "buy" rating to a "hold" rating in a research note on Sunday.
View Our Latest Analysis on BAP
Credicorp Trading Up 1.0%
The stock has a market capitalization of $16.86 billion, a PE ratio of 11.52, a price-to-earnings-growth ratio of 0.56 and a beta of 1.00. The firm has a 50-day moving average price of $194.02 and a 200-day moving average price of $189.05. The company has a current ratio of 1.02, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68.
Credicorp Increases Dividend
The firm also recently announced 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 is a positive change from Credicorp's previous annual dividend of $2.91. This represents a dividend yield of 4.5%. Credicorp's dividend payout ratio (DPR) is currently 58.95%.
Institutional Investors Weigh In On Credicorp
Several large investors have recently added to or reduced their stakes in BAP. Sanctuary Advisors LLC boosted its stake in Credicorp by 4.2% in the 4th quarter. Sanctuary Advisors LLC now owns 1,529 shares of the bank's stock worth $283,000 after purchasing an additional 62 shares during the period. Sequoia Financial Advisors LLC lifted its position in Credicorp by 4.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,555 shares of the bank's stock worth $285,000 after buying an additional 63 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Credicorp by 4.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,628 shares of the bank's stock worth $298,000 after buying an additional 67 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Credicorp by 5.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank's stock worth $292,000 after buying an additional 76 shares during the last quarter. Finally, Fiduciary Trust Co lifted its position in Credicorp by 4.3% in the 4th quarter. Fiduciary Trust Co now owns 1,939 shares of the bank's stock worth $356,000 after buying an additional 80 shares during the last quarter. Hedge funds and other 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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