Two Sigma Investments LP decreased its holdings in shares of Credicorp (NYSE:BAP) by 6.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,112 shares of the bank’s stock after selling 9,996 shares during the quarter. Two Sigma Investments LP owned about 0.17% of Credicorp worth $28,026,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also bought and sold shares of the stock. BlackRock Inc. lifted its holdings in shares of Credicorp by 2.3% during the 4th quarter. BlackRock Inc. now owns 3,847,202 shares of the bank’s stock valued at $798,024,000 after acquiring an additional 85,134 shares in the last quarter. OppenheimerFunds Inc. lifted its holdings in shares of Credicorp by 51.8% during the 4th quarter. OppenheimerFunds Inc. now owns 1,991,220 shares of the bank’s stock valued at $413,039,000 after acquiring an additional 679,301 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Credicorp by 2.9% during the 4th quarter. Fisher Asset Management LLC now owns 1,295,694 shares of the bank’s stock valued at $268,766,000 after acquiring an additional 36,023 shares in the last quarter. Vontobel Asset Management Inc. lifted its holdings in shares of Credicorp by 19.5% during the 4th quarter. Vontobel Asset Management Inc. now owns 1,280,187 shares of the bank’s stock valued at $268,690,000 after acquiring an additional 208,454 shares in the last quarter. Finally, Schroder Investment Management Group lifted its holdings in shares of Credicorp by 104.4% during the 4th quarter. Schroder Investment Management Group now owns 1,220,510 shares of the bank’s stock valued at $253,170,000 after acquiring an additional 623,444 shares in the last quarter. Institutional investors and hedge funds own 66.57% of the company’s stock.
Several equities analysts recently weighed in on the stock. ValuEngine lowered shares of Credicorp from a “strong-buy” rating to a “buy” rating in a report on Monday, April 2nd. Zacks Investment Research downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Citigroup raised shares of Credicorp from a “neutral” rating to a “buy” rating in a research note on Thursday. Five analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $229.25.
Credicorp stock opened at $234.68 on Friday. Credicorp has a 12-month low of $150.71 and a 12-month high of $239.04. The firm has a market cap of $18,656.10, a P/E ratio of 14.91, a PEG ratio of 1.27 and a beta of 0.85. The company has a current ratio of 1.11, a quick ratio of 1.22 and a debt-to-equity ratio of 0.73.
Credicorp (NYSE:BAP) last released its quarterly earnings results on Monday, February 5th. The bank reported $4.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.58 by $0.53. The firm had revenue of $1.03 billion for the quarter. Credicorp had a net margin of 25.87% and a return on equity of 19.02%. equities analysts expect that Credicorp will post 15.93 EPS for the current fiscal year.
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Credicorp Ltd., through its banking and non-banking subsidiaries, provides a range of financial, insurance, and health services and products primarily in Peru and internationally. It operates through four segments: Banking, Insurance, Pension Funds, and Investment Banking. The company offers deposits, current accounts, loans, and credit facilities; and provides private pension fund management services to affiliated pensioners.
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