26,109 Shares in Credicorp Ltd. (NYSE:BAP) Purchased by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. bought a new stake in Credicorp Ltd. (NYSE:BAP) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 26,109 shares of the bank’s stock, valued at approximately $4,786,000.

Other large investors also recently bought and sold shares of the company. Headlands Technologies LLC purchased a new stake in Credicorp during the fourth quarter worth about $38,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Credicorp by 37.8% in the fourth 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. Quarry LP purchased a new stake in Credicorp during the 4th quarter worth approximately $47,000. Wells Fargo & Company MN lifted its holdings in Credicorp by 45.7% during the 4th quarter. Wells Fargo & Company MN now owns 692 shares of the bank’s stock worth $127,000 after buying an additional 217 shares in the last quarter. Finally, R Squared Ltd purchased a new position in Credicorp in the 4th quarter valued at approximately $172,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Credicorp Stock Performance

NYSE:BAP opened at $206.65 on Friday. Credicorp Ltd. has a 52 week low of $153.27 and a 52 week high of $210.71. The company has a fifty day simple moving average of $191.32 and a two-hundred day simple moving average of $187.63. The company has a quick ratio of 1.07, a current ratio of 1.02 and a debt-to-equity ratio of 0.68. The company has a market cap of $16.44 billion, a price-to-earnings ratio of 11.24, a price-to-earnings-growth ratio of 0.56 and a beta of 1.00.

Credicorp Increases Dividend

The business also recently announced an annual dividend, which will be paid on Friday, June 13th. Investors of record on Monday, May 19th will be paid a dividend of $10.9577 per share. This represents a yield of 4.5%. This is a boost from Credicorp’s previous annual dividend of $2.91. The ex-dividend date is Monday, May 19th. Credicorp’s payout ratio is presently 59.22%.

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.