Mirabella Financial Services LLP Buys 9,500 Shares of Credicorp Ltd. (NYSE:BAP)

Mirabella Financial Services LLP lifted its stake in shares of Credicorp Ltd. (NYSE:BAP) by 63.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 24,580 shares of the bank’s stock after acquiring an additional 9,500 shares during the quarter. Mirabella Financial Services LLP’s holdings in Credicorp were worth $4,506,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its stake in Credicorp by 3.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 243,349 shares of the bank’s stock worth $44,596,000 after purchasing an additional 6,995 shares during the last quarter. First Trust Advisors LP boosted its stake in Credicorp by 42.0% in the fourth quarter. First Trust Advisors LP now owns 3,298 shares of the bank’s stock worth $605,000 after buying an additional 975 shares in the last quarter. Canada Pension Plan Investment Board grew its position in Credicorp by 130.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 494,526 shares of the bank’s stock valued at $90,657,000 after acquiring an additional 280,361 shares during the last quarter. Farringdon Capital Ltd. purchased a new position in shares of Credicorp during the fourth quarter worth approximately $220,000. Finally, Marshall Wace LLP lifted its holdings in shares of Credicorp by 65.8% in the 4th quarter. Marshall Wace LLP now owns 102,751 shares of the bank’s stock worth $18,836,000 after acquiring an additional 40,769 shares during the last quarter. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Credicorp Price Performance

BAP stock opened at $185.33 on Friday. The firm has a market cap of $14.74 billion, a P/E ratio of 10.08, a P/E/G ratio of 0.56 and a beta of 0.99. The firm’s fifty day moving average is $184.38 and its 200 day moving average is $185.69. Credicorp Ltd. has a 52 week low of $153.27 and a 52 week high of $200.00. 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 announced 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%. Research analysts predict that Credicorp Ltd. will post 21.9 earnings per share for the current 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.