Credicorp Ltd. (NYSE:BAP) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 25.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 205,973 shares of the bank's stock after acquiring an additional 41,341 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.26% of Credicorp worth $38,344,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Cerity Partners LLC grew its holdings in shares of 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 purchasing an additional 977 shares during the last quarter. Sanctuary Advisors LLC boosted its position in Credicorp by 4.2% during 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 period. GAMMA Investing LLC grew its stake in Credicorp by 27,522.6% during the 1st quarter. GAMMA Investing LLC now owns 8,563 shares of the bank's stock worth $1,594,000 after buying an additional 8,532 shares during the last quarter. Quantinno Capital Management LP increased its position in Credicorp by 29.5% in the fourth quarter. Quantinno Capital Management LP now owns 2,996 shares of the bank's stock worth $549,000 after buying an additional 682 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in Credicorp by 5.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank's stock worth $292,000 after buying an additional 76 shares during the period. Institutional investors own 89.81% of the company's stock.

Credicorp Stock Performance

Credicorp stock traded down $1.10 during mid-day trading on Tuesday, hitting $222.42. 405,613 shares of the company's stock traded hands, compared to its average volume of 267,894. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.49. Credicorp Ltd. has a one year low of $153.27 and a one year high of $226.85. The firm has a 50 day moving average price of $209.35 and a 200 day moving average price of $193.00. The company has a market cap of $17.69 billion, a PE ratio of 12.09, a price-to-earnings-growth ratio of 0.82 and a beta of 1.05.

Credicorp Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, May 19th were paid a $10.9577 dividend. This is a positive change from Credicorp's previous annual dividend of $2.91. This represents a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, May 19th. Credicorp's dividend payout ratio is currently 59.87%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Credicorp from a "buy" rating to a "hold" rating in a report on Sunday, June 1st. UBS Group reissued a "buy" rating on shares of Credicorp in a research note on Monday, June 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $211.00.

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.