Credicorp Ltd. (NYSE:BAP) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lowered its position in Credicorp Ltd. (NYSE:BAP - Free Report) by 8.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 216,402 shares of the bank's stock after selling 20,066 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.27% of Credicorp worth $39,671,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of BAP. Headlands Technologies LLC purchased a new position in shares of Credicorp in the fourth quarter worth $38,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Credicorp in the 4th quarter valued at $40,000. MassMutual Private Wealth & Trust FSB raised its stake in Credicorp by 37.8% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock worth $41,000 after acquiring an additional 62 shares during the last quarter. Quarry LP purchased a new position in Credicorp in the 4th quarter worth $47,000. Finally, Wells Fargo & Company MN lifted its position in Credicorp by 45.7% during the 4th quarter. Wells Fargo & Company MN now owns 692 shares of the bank's stock worth $127,000 after acquiring an additional 217 shares during the period. Institutional investors own 89.81% of the company's stock.

Wall Street Analysts Forecast Growth

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

Credicorp Stock Up 0.4%

Shares of NYSE:BAP traded up $0.82 during trading hours on Thursday, reaching $209.29. The stock had a trading volume of 140,853 shares, compared to its average volume of 260,049. 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 1 year low of $153.27 and a 1 year high of $210.71. The firm's 50 day moving average is $193.37 and its 200-day moving average is $188.69. The stock has a market capitalization of $16.65 billion, a price-to-earnings ratio of 11.36, a P/E/G ratio of 0.56 and a beta of 1.00.

Credicorp Increases Dividend

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

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.