Credicorp Ltd. (NYSE:BAP) Shares Bought by Nuveen Asset Management LLC

Nuveen Asset Management LLC boosted its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,601 shares of the bank's stock after acquiring an additional 1,649 shares during the period. Nuveen Asset Management LLC owned 0.13% of Credicorp worth $18,809,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BAP. MassMutual Private Wealth & Trust FSB boosted its holdings in Credicorp by 37.8% in the 4th 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 during the last quarter. Sanctuary Advisors LLC boosted its holdings in Credicorp by 4.2% in the 4th quarter. Sanctuary Advisors LLC now owns 1,529 shares of the bank's stock valued at $283,000 after purchasing an additional 62 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Credicorp by 4.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,555 shares of the bank's stock valued at $285,000 after purchasing an additional 63 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in Credicorp by 4.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,628 shares of the bank's stock valued at $298,000 after purchasing an additional 67 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in Credicorp by 5.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank's stock valued at $292,000 after purchasing an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 89.81% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Credicorp from a "hold" rating to a "buy" rating in a report on Saturday, May 24th.

Credicorp Trading Up 0.5%

Shares of BAP stock traded up $1.02 during trading hours on Thursday, hitting $209.49. The company had a trading volume of 88,872 shares, compared to its average volume of 296,421. The company's fifty day moving average is $193.37 and its 200 day moving average is $188.69. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.02 and a quick ratio of 1.07. Credicorp Ltd. has a fifty-two week low of $153.27 and a fifty-two week high of $210.71. The stock has a market capitalization of $16.66 billion, a PE ratio of 11.39, a price-to-earnings-growth ratio of 0.56 and a beta of 1.00.

Credicorp Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 19th will be issued a dividend of $10.9577 per share. The ex-dividend date is Monday, May 19th. This is a positive change from Credicorp's previous annual dividend of $2.91. This represents a yield of 4.5%. Credicorp's dividend payout ratio is 58.95%.

Credicorp Company Profile

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.