Dimensional Fund Advisors LP boosted its position in Credicorp Ltd. (NYSE:BAP - Free Report) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 243,349 shares of the bank's stock after acquiring an additional 6,995 shares during the quarter. Dimensional Fund Advisors LP owned 0.31% of Credicorp worth $44,596,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the company. Headlands Technologies LLC bought a new position in shares of Credicorp in the 4th quarter valued at $38,000. MassMutual Private Wealth & Trust FSB grew its position in 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 during the last quarter. Wells Fargo & Company MN grew its position in Credicorp by 45.7% in the fourth quarter. Wells Fargo & Company MN now owns 692 shares of the bank's stock valued at $127,000 after acquiring an additional 217 shares during the last quarter. R Squared Ltd acquired a new position in Credicorp during the fourth quarter worth about $172,000. Finally, Aprio Wealth Management LLC bought a new position in shares of Credicorp in the fourth quarter worth about $200,000. 89.81% of the stock is owned by institutional investors.
Credicorp Trading Up 1.3 %
Shares of Credicorp stock opened at $200.57 on Friday. The firm's 50 day moving average is $186.93 and its 200 day moving average is $186.55. The firm has a market capitalization of $15.95 billion, a PE ratio of 10.91, a price-to-earnings-growth ratio of 0.56 and a beta of 1.00. Credicorp Ltd. has a 1 year low of $153.27 and a 1 year high of $202.54. 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 (NYSE:BAP - Get Free Report) last posted its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share 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 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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