OMERS ADMINISTRATION Corp raised its holdings in Credicorp Ltd. (NYSE:BAP - Free Report) by 316.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,000 shares of the bank's stock after buying an additional 3,800 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Credicorp were worth $917,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BAP. Barclays PLC grew its holdings in Credicorp by 3.3% in the 3rd quarter. Barclays PLC now owns 218,733 shares of the bank's stock valued at $39,584,000 after buying an additional 6,988 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in shares of Credicorp during the 4th quarter worth approximately $238,000. Ritholtz Wealth Management grew its holdings in shares of Credicorp by 29.2% during the 4th quarter. Ritholtz Wealth Management now owns 9,014 shares of the bank's stock worth $1,652,000 after purchasing an additional 2,037 shares in the last quarter. Artemis Investment Management LLP acquired a new stake in shares of Credicorp during the 4th quarter worth approximately $9,349,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of Credicorp by 37.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock worth $41,000 after purchasing an additional 62 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company's stock.
Credicorp Stock Performance
Shares of NYSE:BAP traded up $0.23 during trading on Friday, hitting $204.65. 294,014 shares of the stock were exchanged, compared to its average volume of 259,050. Credicorp Ltd. has a 1-year low of $153.27 and a 1-year high of $210.71. The company has a market capitalization of $16.28 billion, a price-to-earnings ratio of 11.13, a price-to-earnings-growth ratio of 0.56 and a beta of 1.00. The company's fifty day simple moving average is $192.56 and its 200-day simple moving average is $188.21. 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 Increases Dividend
The company also recently disclosed an annual dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, May 19th will be issued a dividend of $10.9577 per share. This represents a dividend yield of 4.5%. The ex-dividend date is Monday, May 19th. This is a positive change from Credicorp's previous annual dividend of $2.91. Credicorp's dividend payout ratio (DPR) is presently 59.22%.
About Credicorp
(
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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