51,370 Shares in Credicorp Ltd. (NYSE:BAP) Purchased by Aware Super Pty Ltd as trustee of Aware Super

Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in shares of Credicorp Ltd. (NYSE:BAP) in the fourth quarter, Holdings Channel.com reports. The firm purchased 51,370 shares of the bank’s stock, valued at approximately $9,417,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quantinno Capital Management LP increased its position in shares of Credicorp by 7.0% during the third quarter. Quantinno Capital Management LP now owns 2,314 shares of the bank’s stock valued at $419,000 after acquiring an additional 152 shares during the last quarter. Barclays PLC grew its stake in Credicorp by 3.3% in the 3rd quarter. Barclays PLC now owns 218,733 shares of the bank’s stock valued at $39,584,000 after purchasing an additional 6,988 shares during the period. Sanctuary Advisors LLC increased its position in shares of Credicorp by 16.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,467 shares of the bank’s stock valued at $289,000 after purchasing an additional 212 shares during the last quarter. World Investment Advisors LLC bought a new stake in shares of Credicorp during the 3rd quarter worth $3,275,000. Finally, SPX Gestao de Recursos Ltda purchased a new position in shares of Credicorp in the 3rd quarter worth about $22,285,000. 89.81% of the stock is owned by institutional investors.

Credicorp Price Performance

Shares of NYSE BAP opened at $184.40 on Tuesday. The stock’s 50-day simple moving average is $184.81 and its two-hundred day simple moving average is $185.62. The firm has a market capitalization of $14.67 billion, a P/E ratio of 10.03, a P/E/G ratio of 0.56 and a beta of 0.99. Credicorp Ltd. has a twelve month low of $153.27 and a twelve month high of $200.00. The company has a quick ratio of 1.07, a current ratio of 1.02 and a debt-to-equity ratio of 0.68.

Credicorp (NYSE:BAP) last announced its quarterly earnings data on Monday, February 10th. The bank reported $3.76 earnings per share (EPS) 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%. As a group, equities analysts anticipate that Credicorp Ltd. will post 21.9 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Bank of America lowered shares of Credicorp from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $209.00 to $208.00 in a research note on Monday, December 16th.

About Credicorp

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.