Wasatch Advisors LP Has $1.89 Million Stock Position in Credicorp Ltd. (NYSE:BAP)

Wasatch Advisors LP raised its holdings in shares of Credicorp Ltd. (NYSE:BAP) by 15.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,294 shares of the bank’s stock after acquiring an additional 1,408 shares during the quarter. Wasatch Advisors LP’s holdings in Credicorp were worth $1,887,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Headlands Technologies LLC acquired a new stake in shares of Credicorp during the fourth quarter worth $38,000. MassMutual Private Wealth & Trust FSB boosted its holdings in 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 buying an additional 62 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Credicorp by 45.7% during the 4th quarter. Wells Fargo & Company MN now owns 692 shares of the bank’s stock worth $127,000 after buying an additional 217 shares during the period. R Squared Ltd bought a new stake in shares of Credicorp in the 4th quarter valued at about $172,000. Finally, Aprio Wealth Management LLC acquired a new stake in shares of Credicorp in the 4th quarter valued at approximately $200,000. Institutional investors own 89.81% of the company’s stock.

Credicorp Stock Up 0.1 %

Credicorp stock opened at $185.33 on Friday. The firm has a market capitalization of $14.74 billion, a price-to-earnings ratio of 10.08, a PEG ratio of 0.56 and a beta of 0.99. The company’s 50 day simple moving average is $184.45 and its 200 day simple moving average is $185.64. 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 fifty-two week low of $153.27 and a fifty-two week high of $200.00.

Credicorp (NYSE:BAP) last announced its quarterly 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, sell-side analysts anticipate that Credicorp Ltd. will post 21.9 EPS 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.