Credicorp Ltd. (NYSE:BAP - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $229.55 and last traded at $228.26, with a volume of 49346 shares trading hands. The stock had previously closed at $226.24.
Analyst Ratings Changes
A number of analysts have commented on BAP shares. UBS Group reissued a "buy" rating on shares of Credicorp in a report on Monday, June 2nd. Wall Street Zen lowered shares of Credicorp from a "buy" rating to a "hold" rating in a report on Sunday, June 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, Credicorp currently has a consensus rating of "Hold" and a consensus price target of $211.00.
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Credicorp Trading Down 0.1%
The company's fifty day simple moving average is $215.78 and its 200-day simple moving average is $196.90. The company has a market capitalization of $17.98 billion, a P/E ratio of 12.29, a PEG ratio of 0.81 and a beta of 1.05. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.03 and a current ratio of 1.03.
Credicorp Increases Dividend
The firm also recently disclosed an annual dividend, which was paid on Friday, June 13th. Investors of record on Monday, May 19th were paid a $10.9577 dividend. This represents a yield of 4.5%. This is a boost from Credicorp's previous annual dividend of $2.91. The ex-dividend date of this dividend was Monday, May 19th. Credicorp's dividend payout ratio is presently 59.87%.
Hedge Funds Weigh In On Credicorp
Hedge funds have recently added to or reduced their stakes in the business. SVB Wealth LLC acquired a new position in shares of Credicorp in the 1st quarter valued at approximately $35,000. Headlands Technologies LLC bought a new position in Credicorp in the fourth quarter valued at about $38,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Credicorp during the fourth quarter worth about $40,000. Cullen Frost Bankers Inc. acquired a new stake in Credicorp in the first quarter valued at approximately $40,000. Finally, Farther Finance Advisors LLC increased its stake in Credicorp by 2,170.0% in the 1st quarter. Farther Finance Advisors LLC now owns 227 shares of the bank's stock worth $44,000 after acquiring an additional 217 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company's stock.
Credicorp Company Profile
(
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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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