US Bancorp DE Has $4.57 Million Stake in Credicorp Ltd. (NYSE:BAP)

US Bancorp DE trimmed its holdings in shares of Credicorp Ltd. (NYSE:BAP) by 4.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,915 shares of the bank’s stock after selling 1,123 shares during the period. US Bancorp DE’s holdings in Credicorp were worth $4,567,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB increased its holdings in Credicorp by 37.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank’s stock valued at $41,000 after purchasing an additional 62 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Credicorp during the 3rd quarter valued at $58,000. R Squared Ltd acquired a new stake in Credicorp during the 4th quarter valued at $172,000. Aprio Wealth Management LLC acquired a new stake in Credicorp during the 4th quarter valued at $200,000. Finally, Park Avenue Securities LLC acquired a new stake in Credicorp during the 4th quarter valued at $238,000. 89.81% of the stock is owned by institutional investors and hedge funds.

Credicorp Stock Up 0.4 %

Shares of BAP opened at $183.66 on Thursday. The firm has a market capitalization of $14.61 billion, a price-to-earnings ratio of 9.99, a PEG ratio of 0.56 and a beta of 1.10. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02. The business’s fifty day moving average price is $184.05 and its two-hundred day moving average price is $183.37. Credicorp Ltd. has a 52 week low of $153.27 and a 52 week high of $200.00.

Credicorp (NYSE:BAP) last announced its quarterly earnings data on Monday, February 10th. The bank reported $3.76 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%. On average, analysts predict that Credicorp Ltd. will post 21.9 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BAP. Bank of America cut Credicorp from a “buy” rating to a “neutral” rating and dropped their price target for the company from $209.00 to $208.00 in a report on Monday, December 16th. JPMorgan Chase & Co. increased their price objective on Credicorp from $200.00 to $219.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th.

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.