Itau Unibanco Holding S.A. raised its stake in Credicorp Ltd. (NYSE:BAP - Free Report) by 243.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,716,777 shares of the bank's stock after buying an additional 1,217,368 shares during the quarter. Credicorp accounts for about 9.2% of Itau Unibanco Holding S.A.'s holdings, making the stock its 3rd biggest position. Itau Unibanco Holding S.A. owned approximately 2.16% of Credicorp worth $290,920,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Headlands Technologies LLC purchased a new position in shares of Credicorp during the 4th quarter valued at $38,000. MassMutual Private Wealth & Trust FSB grew its stake in Credicorp by 37.8% in the fourth 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 in the last quarter. Quarry LP acquired a new position in Credicorp in the 4th quarter worth about $47,000. Wells Fargo & Company MN increased its position in Credicorp by 45.7% in the 4th quarter. Wells Fargo & Company MN now owns 692 shares of the bank's stock worth $127,000 after purchasing an additional 217 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Credicorp during the 4th quarter worth about $172,000. Hedge funds and other institutional investors own 89.81% of the company's stock.
Credicorp Stock Up 0.2 %
Shares of NYSE BAP traded up $0.32 during trading hours on Tuesday, hitting $201.03. The stock had a trading volume of 53,699 shares, compared to its average volume of 257,031. The firm's 50-day moving average price is $187.26 and its two-hundred day moving average price is $186.62. Credicorp Ltd. has a 52 week low of $153.27 and a 52 week high of $203.09. The company has a market capitalization of $15.99 billion, a P/E ratio of 10.92, a P/E/G ratio of 0.56 and a beta of 1.00. 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 (NYSE:BAP - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The bank reported $3.76 EPS for the quarter, missing the consensus estimate of $4.42 by ($0.66). Credicorp had a return on equity of 16.25% and a net margin of 20.94%. Analysts anticipate that Credicorp Ltd. will post 21.9 EPS for the current fiscal year.
Credicorp Profile
(
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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