Credicorp Ltd. (NYSE:BAP) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Credicorp Ltd. (NYSE:BAP) by 0.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,329,939 shares of the bank’s stock after buying an additional 2,992 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.67% of Credicorp worth $243,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the stock. Itau Unibanco Holding S.A. boosted its position in shares of Credicorp by 243.8% during the fourth quarter. Itau Unibanco Holding S.A. now owns 1,716,777 shares of the bank’s stock worth $290,920,000 after buying an additional 1,217,368 shares during the period. Norges Bank purchased a new position in shares of Credicorp during the fourth quarter worth $84,213,000. Price T Rowe Associates Inc. MD boosted its position in shares of Credicorp by 59.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 757,271 shares of the bank’s stock worth $138,824,000 after buying an additional 282,869 shares during the period. Canada Pension Plan Investment Board boosted its position in shares of Credicorp by 130.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 494,526 shares of the bank’s stock worth $90,657,000 after buying an additional 280,361 shares during the period. Finally, GQG Partners LLC purchased a new position in Credicorp in the 4th quarter valued at approximately $40,187,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Credicorp Stock Performance

Shares of BAP stock opened at $204.03 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.02 and a debt-to-equity ratio of 0.68. Credicorp Ltd. has a 52 week low of $153.27 and a 52 week high of $210.71. The stock has a market capitalization of $16.23 billion, a PE ratio of 11.09, a P/E/G ratio of 0.56 and a beta of 1.00. The firm has a 50 day moving average of $192.30 and a two-hundred day moving average of $188.05.

Credicorp Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 19th will be given a $10.9577 dividend. This represents a yield of 4.5%. The ex-dividend date is Monday, May 19th. This is a boost from Credicorp’s previous annual dividend of $2.91. Credicorp’s dividend payout ratio (DPR) is currently 59.22%.

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.