Mirabella Financial Services LLP lifted its holdings in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 63.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 24,580 shares of the bank's stock after purchasing an additional 9,500 shares during the period. Mirabella Financial Services LLP's holdings in Credicorp were worth $4,506,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Norges Bank bought a new stake in shares of Credicorp during the fourth quarter valued at approximately $84,213,000. Canada Pension Plan Investment Board lifted its holdings in Credicorp by 130.9% during the 4th quarter. Canada Pension Plan Investment Board now owns 494,526 shares of the bank's stock worth $90,657,000 after buying an additional 280,361 shares in the last quarter. GQG Partners LLC bought a new position in Credicorp in the 4th quarter valued at $40,187,000. FMR LLC increased its stake in shares of Credicorp by 5.7% in the 4th quarter. FMR LLC now owns 3,642,818 shares of the bank's stock valued at $667,801,000 after buying an additional 196,197 shares during the period. Finally, Axiom Investors LLC DE increased its stake in shares of Credicorp by 230.8% in the 4th quarter. Axiom Investors LLC DE now owns 194,209 shares of the bank's stock valued at $35,602,000 after buying an additional 135,498 shares during the period. 89.81% of the stock is currently owned by institutional investors and hedge funds.
Credicorp Trading Up 0.2 %
Shares of BAP traded up $0.40 during trading hours on Friday, hitting $196.45. 87,421 shares of the stock traded hands, compared to its average volume of 256,114. The business has a fifty day moving average of $184.86 and a 200-day moving average of $185.90. The firm has a market capitalization of $15.62 billion, a PE ratio of 10.67, a price-to-earnings-growth ratio of 0.56 and a beta of 0.99. Credicorp Ltd. has a 1-year low of $153.27 and a 1-year high of $200.00. 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 (NYSE:BAP - Get Free Report) last released its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.42 by ($0.66). Credicorp had a net margin of 20.94% and a return on equity of 16.25%. Analysts expect that Credicorp Ltd. will post 21.9 EPS for the current 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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