Raiffeisen Bank International AG bought a new position in Credicorp Ltd. (NYSE:BAP - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,630 shares of the bank's stock, valued at approximately $3,357,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Credicorp in the 4th quarter valued at $40,000. Point72 Asset Management L.P. purchased a new position in shares of Credicorp in the 4th quarter worth $128,000. Point72 Hong Kong Ltd acquired a new position in Credicorp in the fourth quarter valued at $857,000. Quantinno Capital Management LP grew its position in Credicorp by 29.5% during the fourth quarter. Quantinno Capital Management LP now owns 2,996 shares of the bank's stock valued at $549,000 after acquiring an additional 682 shares during the period. Finally, Nuveen Asset Management LLC grew its position in Credicorp by 1.6% during the fourth quarter. Nuveen Asset Management LLC now owns 102,601 shares of the bank's stock valued at $18,809,000 after acquiring an additional 1,649 shares during the period. 89.81% of the stock is currently owned by hedge funds and other institutional investors.
Credicorp Trading Up 1.1%
Shares of Credicorp stock traded up $2.10 during trading hours on Wednesday, reaching $200.97. The stock had a trading volume of 153,722 shares, compared to its average volume of 257,737. The firm has a market capitalization of $15.98 billion, a price-to-earnings ratio of 10.93, a P/E/G ratio of 0.56 and a beta of 1.00. Credicorp Ltd. has a 1 year low of $153.27 and a 1 year high of $210.71. The company has a current ratio of 1.02, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68. The firm has a 50 day simple moving average of $191.81 and a two-hundred day simple moving average of $187.81.
Credicorp Increases Dividend
The firm also recently declared an annual dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 19th will be given a dividend of $10.9577 per share. This represents a yield of 4.5%. This is a boost from Credicorp's previous annual dividend of $2.91. The ex-dividend date of this dividend is Monday, May 19th. Credicorp's payout ratio is 59.22%.
About Credicorp
(
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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