Cubist Systematic Strategies LLC acquired a new position in shares of Credicorp Ltd. (NYSE:BAP - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 42,260 shares of the bank's stock, valued at approximately $7,747,000. Cubist Systematic Strategies LLC owned 0.05% of Credicorp as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in BAP. Headlands Technologies LLC acquired a new position in Credicorp in the 4th quarter valued at $38,000. MassMutual Private Wealth & Trust FSB grew its stake in shares of Credicorp by 37.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock valued at $41,000 after acquiring an additional 62 shares in the last quarter. Quarry LP acquired a new position in shares of Credicorp in the fourth quarter valued at about $47,000. Wells Fargo & Company MN increased its position in Credicorp by 45.7% during the fourth quarter. Wells Fargo & Company MN now owns 692 shares of the bank's stock worth $127,000 after acquiring an additional 217 shares during the period. Finally, R Squared Ltd bought a new stake in Credicorp in the 4th quarter valued at about $172,000. Institutional investors and hedge funds own 89.81% of the company's stock.
Credicorp Stock Performance
Shares of BAP traded up $1.29 during mid-day trading on Friday, hitting $205.21. 176,650 shares of the company's stock were exchanged, compared to its average volume of 255,852. 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 Ltd. has a 52 week low of $153.27 and a 52 week high of $206.98. The stock's 50-day simple moving average is $188.86 and its 200-day simple moving average is $187.03. The firm has a market cap of $16.32 billion, a price-to-earnings ratio of 11.16, a price-to-earnings-growth ratio of 0.56 and a beta of 1.00.
Credicorp (NYSE:BAP - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The bank reported $3.76 EPS for the quarter, missing analysts' consensus estimates of $4.42 by ($0.66). Credicorp had a return on equity of 16.25% and a net margin of 20.94%. On average, equities research analysts expect that Credicorp Ltd. will post 21.9 EPS for the current year.
Credicorp Profile
(
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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