Schwab Charles Investment Management Inc. grew its position in shares of Credicorp Ltd. (NYSE:BAP) by 5.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,684 shares of the bank’s stock after acquiring an additional 4,526 shares during the quarter. Schwab Charles Investment Management Inc. owned 0.11% of Credicorp worth $18,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Advisor Group Inc. boosted its holdings in Credicorp by 143.0% during the 2nd quarter. Advisor Group Inc. now owns 724 shares of the bank’s stock worth $130,000 after acquiring an additional 426 shares during the last quarter. Quantitative Systematic Strategies LLC purchased a new position in Credicorp during the 3rd quarter worth $251,000. High Pointe Capital Management LLC purchased a new position in Credicorp during the 3rd quarter worth $268,000. Jarislowsky Fraser Ltd purchased a new position in Credicorp during the 3rd quarter worth $295,000. Finally, Highstreet Asset Management Inc. boosted its holdings in Credicorp by 180.0% during the 3rd quarter. Highstreet Asset Management Inc. now owns 1,537 shares of the bank’s stock worth $315,000 after acquiring an additional 988 shares during the last quarter. 65.86% of the stock is currently owned by hedge funds and other institutional investors.
Credicorp Ltd. (BAP) opened at $217.51 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.04. The firm has a market cap of $17,286.60, a PE ratio of 15.75, a P/E/G ratio of 1.16 and a beta of 0.91. Credicorp Ltd. has a fifty-two week low of $150.71 and a fifty-two week high of $237.99.
A number of equities analysts have issued reports on the stock. ValuEngine raised shares of Credicorp from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. Zacks Investment Research downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a report on Monday, January 8th. HSBC downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Six equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Credicorp presently has an average rating of “Buy” and an average price target of $225.50.
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Credicorp Ltd. is a financial services holding company in Peru. The Company has four operating segments based on its products and services, which include banking, insurance, pension funds and investment banking. Its operating subsidiaries include Banco de Credito del Peru; Atlantic Security Bank, which it holds through Atlantic Security Holding Corporation; El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros (Grupo Pacifico); Prima AFP SA, and Credicorp Capital Ltd.
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