White Oak Capital Partners Pte. Ltd. Purchases Shares of 4,300 Credicorp Ltd. (NYSE:BAP)

White Oak Capital Partners Pte. Ltd. bought a new position in shares of Credicorp Ltd. (NYSE:BAP - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 4,300 shares of the bank's stock, valued at approximately $775,000. Credicorp accounts for 0.4% of White Oak Capital Partners Pte. Ltd.'s investment portfolio, making the stock its 6th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nordea Investment Management AB increased its stake in shares of Credicorp by 18.5% in the fourth quarter. Nordea Investment Management AB now owns 24,008 shares of the bank's stock worth $4,362,000 after purchasing an additional 3,753 shares in the last quarter. Artemis Investment Management LLP purchased a new position in Credicorp in the 4th quarter valued at approximately $9,349,000. Park Avenue Securities LLC bought a new stake in Credicorp during the 4th quarter valued at $238,000. Cerity Partners LLC lifted its position in shares of Credicorp by 31.8% during the fourth quarter. Cerity Partners LLC now owns 4,045 shares of the bank's stock worth $735,000 after acquiring an additional 977 shares in the last quarter. Finally, Atomi Financial Group Inc. lifted its position in shares of Credicorp by 20.0% during the fourth quarter. Atomi Financial Group Inc. now owns 1,562 shares of the bank's stock worth $286,000 after acquiring an additional 260 shares in the last quarter. 89.81% of the stock is owned by hedge funds and other institutional investors.

Credicorp Stock Performance

Shares of NYSE BAP traded up $0.85 during mid-day trading on Monday, hitting $198.72. The company had a trading volume of 81,975 shares, compared to its average volume of 255,465. 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 $204.57. The company has a market capitalization of $15.81 billion, a price-to-earnings ratio of 10.81, a P/E/G ratio of 0.56 and a beta of 0.99. The stock's 50-day moving average price is $185.11 and its 200-day moving average price is $186.04.

Credicorp (NYSE:BAP - Get Free Report) last posted its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share 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%. On average, sell-side analysts forecast that Credicorp Ltd. will post 21.9 earnings per share for the current year.

Credicorp 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.