Credicorp Ltd. (NYSE:BAP) Shares Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company grew its position in Credicorp Ltd. (NYSE:BAP - Free Report) by 1.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 210,858 shares of the bank's stock after buying an additional 2,995 shares during the period. The Manufacturers Life Insurance Company owned 0.27% of Credicorp worth $38,654,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its position in shares of Credicorp by 37.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank's stock worth $41,000 after purchasing an additional 62 shares in the last quarter. Sanctuary Advisors LLC raised its stake in Credicorp by 4.2% in the fourth quarter. Sanctuary Advisors LLC now owns 1,529 shares of the bank's stock valued at $283,000 after buying an additional 62 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Credicorp by 4.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 1,555 shares of the bank's stock worth $285,000 after acquiring an additional 63 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of Credicorp by 4.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,628 shares of the bank's stock worth $298,000 after acquiring an additional 67 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Credicorp by 5.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,591 shares of the bank's stock valued at $292,000 after purchasing an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 89.81% of the company's stock.

Credicorp Stock Performance

NYSE:BAP traded up $0.96 during trading hours on Tuesday, hitting $201.67. 37,653 shares of the company were exchanged, compared to its average volume of 256,963. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.02 and a quick ratio of 1.07. Credicorp Ltd. has a 52-week low of $153.27 and a 52-week high of $203.09. The stock has a market capitalization of $16.04 billion, a price-to-earnings ratio of 10.97, a PEG ratio of 0.56 and a beta of 1.00. The company's 50 day moving average price is $187.26 and its 200-day moving average price is $186.62.

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 the consensus estimate of $4.42 by ($0.66). Credicorp had a net margin of 20.94% and a return on equity of 16.25%. As a group, research analysts forecast that Credicorp Ltd. will post 21.9 earnings per share for the current year.

Credicorp Company Profile

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.