Jane Street Group LLC Increases Stock Position in Credicorp Ltd. (NYSE:BAP)

Jane Street Group LLC boosted its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 250.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,995 shares of the bank's stock after buying an additional 13,579 shares during the quarter. Jane Street Group LLC's holdings in Credicorp were worth $3,482,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BAP. Caisse DE Depot ET Placement DU Quebec lifted its position in Credicorp by 3.2% in the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 35,523 shares of the bank's stock valued at $6,512,000 after acquiring an additional 1,100 shares in the last quarter. Northern Trust Corp grew its position in Credicorp by 54.0% in the fourth quarter. Northern Trust Corp now owns 438,539 shares of the bank's stock worth $80,393,000 after acquiring an additional 153,810 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Credicorp by 1.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 210,858 shares of the bank's stock worth $38,654,000 after purchasing an additional 2,995 shares during the last quarter. Quarry LP bought a new stake in Credicorp in the fourth quarter worth $47,000. Finally, Boothbay Fund Management LLC bought a new position in shares of Credicorp during the fourth quarter valued at about $414,000. Institutional investors and hedge funds own 89.81% of the company's stock.

Credicorp Stock Down 0.9%

BAP traded down $1.87 during midday trading on Friday, reaching $206.65. The company's stock had a trading volume of 367,109 shares, compared to its average volume of 257,336. The firm has a market capitalization of $16.44 billion, a price-to-earnings ratio of 11.24, a PEG ratio of 0.56 and a beta of 1.00. The company has a current ratio of 1.02, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68. Credicorp Ltd. has a 1 year low of $153.27 and a 1 year high of $210.71. The stock's 50-day moving average is $191.32 and its 200-day moving average is $187.65.

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 given a dividend of $10.9577 per share. This represents a dividend yield of 4.5%. This is an increase from Credicorp's previous annual dividend of $2.91. The ex-dividend date of this dividend is Monday, May 19th. Credicorp's dividend payout ratio (DPR) is presently 59.22%.

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.