Driehaus Capital Management LLC Buys 96,593 Shares of Credicorp Ltd. (NYSE:BAP)

Driehaus Capital Management LLC raised its position in Credicorp Ltd. (NYSE:BAP - Free Report) by 23.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 506,493 shares of the bank's stock after purchasing an additional 96,593 shares during the period. Credicorp comprises about 0.8% of Driehaus Capital Management LLC's investment portfolio, making the stock its 26th largest position. Driehaus Capital Management LLC owned about 0.64% of Credicorp worth $92,850,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Headlands Technologies LLC purchased a new position in shares of Credicorp during the 4th quarter valued at approximately $38,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of Credicorp by 37.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock valued at $41,000 after purchasing an additional 62 shares in the last quarter. Quarry LP bought a new stake in shares of Credicorp during the fourth quarter valued at about $47,000. Wells Fargo & Company MN raised its stake in shares of Credicorp by 45.7% during the fourth quarter. Wells Fargo & Company MN now owns 692 shares of the bank's stock valued at $127,000 after purchasing an additional 217 shares in the last quarter. Finally, R Squared Ltd bought a new stake in shares of Credicorp during the fourth quarter valued at about $172,000. Institutional investors and hedge funds own 89.81% of the company's stock.

Credicorp Trading Up 1.1%

BAP traded up $2.25 during trading on Tuesday, reaching $205.50. The company had a trading volume of 85,956 shares, compared to its average volume of 254,865. 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 12-month low of $153.27 and a 12-month high of $208.18. The firm's 50-day simple moving average is $189.24 and its 200 day simple moving average is $187.11. The company has a market cap of $16.34 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 0.56 and a beta of 1.00.

Credicorp (NYSE:BAP - Get Free Report) last announced its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share (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 anticipate that Credicorp Ltd. will post 21.9 earnings per share for the current year.

About Credicorp

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.