Caisse DE Depot ET Placement DU Quebec Has $6.51 Million Stock Position in Credicorp Ltd. (NYSE:BAP)

Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Credicorp Ltd. (NYSE:BAP) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,523 shares of the bank’s stock after buying an additional 1,100 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Credicorp were worth $6,512,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nordea Investment Management AB lifted its stake in Credicorp by 18.5% in the fourth quarter. Nordea Investment Management AB now owns 24,008 shares of the bank’s stock valued at $4,362,000 after buying an additional 3,753 shares in the last quarter. Artemis Investment Management LLP acquired a new position in Credicorp in the 4th quarter worth $9,349,000. Park Avenue Securities LLC bought a new position in Credicorp during the 4th quarter worth about $238,000. Cerity Partners LLC raised its stake in shares of Credicorp by 31.8% in the 4th quarter. Cerity Partners LLC now owns 4,045 shares of the bank’s stock valued at $735,000 after purchasing an additional 977 shares during the period. Finally, Atomi Financial Group Inc. lifted its holdings in shares of Credicorp by 20.0% in the fourth quarter. Atomi Financial Group Inc. now owns 1,562 shares of the bank’s stock valued at $286,000 after purchasing an additional 260 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors.

Credicorp Stock Up 1.3 %

NYSE:BAP opened at $200.57 on Friday. The stock has a 50-day simple moving average of $186.93 and a 200 day simple moving average of $186.55. Credicorp Ltd. has a 52-week low of $153.27 and a 52-week high of $202.54. The company has a market cap of $15.95 billion, a PE ratio of 10.91, a PEG ratio of 0.56 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02.

Credicorp (NYSE:BAP) last released its quarterly earnings results on Monday, February 10th. The bank reported $3.76 earnings per share for the quarter, missing analysts’ consensus estimates of $4.42 by ($0.66). Credicorp had a return on equity of 16.25% and a net margin of 20.94%. On average, sell-side analysts expect that Credicorp Ltd. will post 21.9 EPS for the current fiscal 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.