Dynasty Wealth Management LLC Acquires Shares of 2,267 Credicorp Ltd. (NYSE:BAP)

Dynasty Wealth Management LLC bought a new stake in Credicorp Ltd. (NYSE:BAP) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,267 shares of the bank’s stock, valued at approximately $384,000.

A number of other institutional investors also recently modified their holdings of the business. Janiczek Wealth Management LLC lifted its holdings in shares of Credicorp by 7.8% in the first quarter. Janiczek Wealth Management LLC now owns 1,050 shares of the bank’s stock worth $178,000 after acquiring an additional 76 shares during the last quarter. CWM LLC lifted its holdings in shares of Credicorp by 69.2% in the 4th quarter. CWM LLC now owns 225 shares of the bank’s stock worth $34,000 after purchasing an additional 92 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Credicorp by 7.7% in the 4th quarter. Blue Trust Inc. now owns 1,396 shares of the bank’s stock worth $209,000 after purchasing an additional 100 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Credicorp by 7.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,837 shares of the bank’s stock worth $275,000 after purchasing an additional 134 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in Credicorp by 25.2% during the 4th quarter. Parallel Advisors LLC now owns 671 shares of the bank’s stock valued at $101,000 after acquiring an additional 135 shares in the last quarter. Institutional investors own 89.81% of the company’s stock.

Credicorp Stock Down 0.5 %

NYSE:BAP traded down $0.79 during trading hours on Wednesday, hitting $171.46. 154,453 shares of the company traded hands, compared to its average volume of 238,304. Credicorp Ltd. has a one year low of $116.42 and a one year high of $180.21. The company has a market cap of $13.62 billion, a PE ratio of 10.23, a PEG ratio of 0.54 and a beta of 1.14. The firm’s 50-day simple moving average is $164.45 and its 200-day simple moving average is $164.95. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.71.

Credicorp (NYSE:BAP) last announced its quarterly earnings data on Thursday, May 9th. The bank reported $5.06 earnings per share for the quarter, topping the consensus estimate of $4.25 by $0.81. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.36 billion. Credicorp had a return on equity of 15.33% and a net margin of 19.95%. Equities analysts predict that Credicorp Ltd. will post 18.89 earnings per share for the current year.

Credicorp Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, June 14th. Investors of record on Monday, May 20th were given a $9.4084 dividend. This is an increase from Credicorp’s previous annual dividend of $6.74. The ex-dividend date of this dividend was Friday, May 17th. This represents a yield of 3.8%. Credicorp’s payout ratio is presently 55.13%.

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.