Aware Super Pty Ltd as trustee of Aware Super Buys New Position in Credicorp Ltd. (NYSE:BAP)

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Credicorp Ltd. (NYSE:BAP) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 51,370 shares of the bank’s stock, valued at approximately $9,417,000. Aware Super Pty Ltd as trustee of Aware Super owned approximately 0.06% of Credicorp as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BAP. Causeway Capital Management LLC increased its stake in shares of Credicorp by 151.3% during the 4th quarter. Causeway Capital Management LLC now owns 169,568 shares of the bank’s stock worth $31,085,000 after purchasing an additional 102,101 shares during the last quarter. Synovus Financial Corp boosted its stake in shares of Credicorp by 1.7% during the 4th quarter. Synovus Financial Corp now owns 4,940 shares of the bank’s stock worth $906,000 after acquiring an additional 81 shares during the period. Qtron Investments LLC raised its stake in Credicorp by 32.4% in the 4th quarter. Qtron Investments LLC now owns 3,603 shares of the bank’s stock valued at $661,000 after acquiring an additional 881 shares during the period. LSV Asset Management boosted its position in Credicorp by 11.7% during the fourth quarter. LSV Asset Management now owns 59,200 shares of the bank’s stock worth $10,853,000 after purchasing an additional 6,200 shares during the period. Finally, APG Asset Management N.V. raised its position in shares of Credicorp by 15.9% in the fourth quarter. APG Asset Management N.V. now owns 96,424 shares of the bank’s stock valued at $17,070,000 after purchasing an additional 13,243 shares during the period. Institutional investors own 89.81% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Bank of America lowered Credicorp from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $209.00 to $208.00 in a research note on Monday, December 16th.

Credicorp Stock Up 3.7 %

Shares of NYSE BAP opened at $184.40 on Tuesday. Credicorp Ltd. has a 12 month low of $153.27 and a 12 month high of $200.00. The company has a market cap of $14.67 billion, a price-to-earnings ratio of 10.03, a PEG ratio of 0.56 and a beta of 0.99. The company has a current ratio of 1.02, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68. The stock has a 50-day moving average price of $184.81 and a two-hundred day moving average price of $185.62.

Credicorp (NYSE:BAP) last issued its quarterly earnings data on Monday, February 10th. The bank reported $3.76 earnings per share (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%. As a group, analysts forecast that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.

Credicorp 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.