Deprince Race & Zollo Inc. lessened its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 24.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,506 shares of the bank's stock after selling 11,799 shares during the period. Deprince Race & Zollo Inc.'s holdings in Credicorp were worth $6,692,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also 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 buying an additional 3,753 shares during the period. Artemis Investment Management LLP acquired a new stake in Credicorp during the fourth quarter valued at $9,349,000. Park Avenue Securities LLC acquired a new stake in Credicorp during the fourth quarter valued at $238,000. Cerity Partners LLC grew its position in Credicorp by 31.8% during the fourth quarter. Cerity Partners LLC now owns 4,045 shares of the bank's stock valued at $735,000 after buying an additional 977 shares during the period. Finally, Atomi Financial Group Inc. grew its position in shares of Credicorp by 20.0% in the fourth quarter. Atomi Financial Group Inc. now owns 1,562 shares of the bank's stock valued at $286,000 after purchasing an additional 260 shares during the period. Hedge funds and other institutional investors own 89.81% of the company's stock.
Credicorp Price Performance
Shares of BAP stock traded down $2.62 on Monday, reaching $202.75. 172,078 shares of the company were exchanged, compared to its average volume of 255,517. The company has a market cap of $16.13 billion, a price-to-earnings ratio of 11.02, a P/E/G ratio of 0.56 and a beta of 1.00. The business has a 50-day moving average price of $188.86 and a 200 day moving average price of $187.02. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02. Credicorp Ltd. has a 1 year low of $153.27 and a 1 year high of $210.35.
Credicorp (NYSE:BAP - Get Free Report) last released its earnings results 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%. Equities research analysts forecast that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.
Credicorp Company 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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