Vanderbilt University Has $2.63 Million Holdings in Credicorp Ltd. $BAP

Key Points

• Vanderbilt University cut its stake in Credicorp by 25.4% in Q4, selling 3,121 shares and ending the period with 9,161 shares worth about $2.63 million.
• Credicorp's recent results showed solid profitability — quarterly EPS of $5.91, ROE of 20.43% and a net margin of 24.53% — and the stock trades around $337 with a market cap near $26.8 billion and a P/E of ~13.9.
• Analyst sentiment is mixed-to-positive (average "Moderate Buy" rating and a $297.60 target) and institutional investors hold roughly 89.8% of the company's shares.

Vanderbilt University decreased its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 25.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,161 shares of the bank's stock after selling 3,121 shares during the quarter. Vanderbilt University's holdings in Credicorp were worth $2,629,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Cigna Investments Inc. New lifted its holdings in Credicorp by 2.8% during the 4th quarter. Cigna Investments Inc. New now owns 1,172 shares of the bank's stock valued at $336,000 after purchasing an additional 32 shares during the last quarter. Perpetual Ltd lifted its holdings in Credicorp by 0.5% during the 4th quarter. Perpetual Ltd now owns 6,418 shares of the bank's stock valued at $1,842,000 after purchasing an additional 34 shares during the last quarter. One Wealth Advisors LLC lifted its holdings in Credicorp by 2.5% during the 3rd quarter. One Wealth Advisors LLC now owns 1,781 shares of the bank's stock valued at $474,000 after purchasing an additional 43 shares during the last quarter. Blue Trust Inc. lifted its holdings in Credicorp by 1.6% during the 3rd quarter. Blue Trust Inc. now owns 2,843 shares of the bank's stock valued at $757,000 after purchasing an additional 45 shares during the last quarter. Finally, Fiduciary Trust Co lifted its holdings in Credicorp by 1.8% during the 3rd quarter. Fiduciary Trust Co now owns 2,849 shares of the bank's stock valued at $759,000 after purchasing an additional 50 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company's stock.

Credicorp Stock Performance

Credicorp stock opened at $337.07 on Wednesday. Credicorp Ltd. has a 12-month low of $166.11 and a 12-month high of $380.20. The company has a quick ratio of 1.07, a current ratio of 1.02 and a debt-to-equity ratio of 0.36. The business's 50-day moving average price is $341.55 and its two-hundred day moving average price is $298.77. The stock has a market cap of $26.81 billion, a PE ratio of 13.87, a P/E/G ratio of 0.76 and a beta of 0.93.

Credicorp (NYSE:BAP - Get Free Report) last released its earnings results on Sunday, February 1st. The bank reported $5.91 earnings per share (EPS) for the quarter. Credicorp had a return on equity of 20.43% and a net margin of 24.53%.The firm had revenue of $1.81 billion for the quarter. As a group, analysts expect that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Wall Street Zen downgraded Credicorp from a "buy" rating to a "hold" rating in a report on Saturday, December 20th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Credicorp in a report on Monday, December 29th. The Goldman Sachs Group raised their price target on Credicorp from $293.00 to $330.00 and gave the company a "neutral" rating in a report on Tuesday, February 17th. Finally, Zacks Research cut Credicorp from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 24th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $297.60.

Credicorp Company Profile

Credicorp Ltd. NYSE: BAP is a Lima-based financial services holding company that operates a diversified group of banking, insurance, and investment businesses. Established in the mid-1990s, Credicorp's principal subsidiaries include Banco de Crédito del Perú (BCP), Mibanco (microfinance), Credicorp Capital (investment banking and asset management) and Pacífico Seguros (insurance). The company serves retail, commercial and corporate clients and is one of the largest financial conglomerates in Peru.

Through Banco de Crédito del Perú and its retail network, Credicorp provides a full suite of banking products including deposit accounts, consumer and commercial loans, mortgages, payment and transaction services, and digital banking solutions.

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