Credicorp Ltd. (BAP) Shares Sold by Two Sigma Advisers LP

Two Sigma Advisers LP lowered its stake in Credicorp Ltd. (NYSE:BAP) by 30.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,097 shares of the bank’s stock after selling 32,600 shares during the quarter. Two Sigma Advisers LP owned 0.09% of Credicorp worth $16,647,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. increased its stake in shares of Credicorp by 1.5% in the 4th quarter. BlackRock Inc. now owns 3,598,950 shares of the bank’s stock valued at $797,780,000 after acquiring an additional 53,554 shares in the last quarter. Baillie Gifford & Co. increased its stake in Credicorp by 1.5% during the 4th quarter. Baillie Gifford & Co. now owns 2,030,635 shares of the bank’s stock valued at $450,131,000 after purchasing an additional 29,708 shares in the last quarter. FMR LLC increased its stake in Credicorp by 1.4% during the 3rd quarter. FMR LLC now owns 1,633,913 shares of the bank’s stock valued at $364,493,000 after purchasing an additional 22,619 shares in the last quarter. Morgan Stanley increased its stake in Credicorp by 0.8% during the 3rd quarter. Morgan Stanley now owns 1,273,705 shares of the bank’s stock valued at $284,138,000 after purchasing an additional 10,359 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in Credicorp by 0.5% during the 4th quarter. Fisher Asset Management LLC now owns 1,244,353 shares of the bank’s stock valued at $275,836,000 after purchasing an additional 6,621 shares in the last quarter. Institutional investors own 67.08% of the company’s stock.

Shares of BAP stock opened at $241.43 on Monday. The firm has a market cap of $19.26 billion, a price-to-earnings ratio of 16.23, a price-to-earnings-growth ratio of 1.14 and a beta of 0.75. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.18 and a quick ratio of 1.16. Credicorp Ltd. has a 12 month low of $207.41 and a 12 month high of $252.49.



Credicorp (NYSE:BAP) last announced its quarterly earnings results on Wednesday, February 6th. The bank reported $3.58 EPS for the quarter, missing the Zacks’ consensus estimate of $3.95 by ($0.37). The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.07 billion. Credicorp had a net margin of 25.05% and a return on equity of 17.24%. Analysts forecast that Credicorp Ltd. will post 16.92 EPS for the current year.

A number of analysts have commented on BAP shares. UBS Group upgraded shares of Credicorp from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 6th. Itau BBA Securities upgraded shares of Credicorp from a “market perform” rating to an “outperform” rating and set a $274.00 price target for the company in a research note on Friday, December 7th. Zacks Investment Research upgraded shares of Credicorp from a “sell” rating to a “hold” rating in a research note on Tuesday, December 18th. ValuEngine upgraded shares of Credicorp from a “hold” rating to a “buy” rating in a research note on Wednesday, January 2nd. Finally, TheStreet upgraded shares of Credicorp from a “c+” rating to a “b-” rating in a research note on Wednesday, January 23rd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. Credicorp presently has an average rating of “Hold” and a consensus price target of $254.50.

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Credicorp Profile

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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Institutional Ownership by Quarter for Credicorp (NYSE:BAP)

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