Credicorp Ltd. (NYSE:BAP) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio cut its holdings in Credicorp Ltd. (NYSE:BAP) by 8.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 216,402 shares of the bank’s stock after selling 20,066 shares during the period. Public Employees Retirement System of Ohio owned 0.27% of Credicorp worth $39,671,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Barclays PLC grew its position in shares of Credicorp by 3.3% in the third quarter. Barclays PLC now owns 218,733 shares of the bank’s stock valued at $39,584,000 after purchasing an additional 6,988 shares during the period. Park Avenue Securities LLC acquired a new position in shares of Credicorp during the 4th quarter valued at about $238,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of Credicorp by 37.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank’s stock valued at $41,000 after acquiring an additional 62 shares during the last quarter. Ballentine Partners LLC lifted its holdings in shares of Credicorp by 11.5% during the 4th quarter. Ballentine Partners LLC now owns 1,860 shares of the bank’s stock worth $341,000 after acquiring an additional 192 shares during the period. Finally, Atomi Financial Group Inc. boosted its position 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 worth $286,000 after acquiring an additional 260 shares during the last quarter. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Credicorp Price Performance

Shares of Credicorp stock opened at $204.65 on Friday. The business’s fifty day moving average price is $192.56 and its 200 day moving average price is $188.21. Credicorp Ltd. has a twelve month low of $153.27 and a twelve month high of $210.71. 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 market capitalization of $16.28 billion, a P/E ratio of 11.13, a PEG ratio of 0.56 and a beta of 1.00.

Credicorp Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, May 19th will be issued a $10.9577 dividend. This represents a dividend yield of 4.5%. This is an increase from Credicorp’s previous annual dividend of $2.91. The ex-dividend date is Monday, May 19th. Credicorp’s dividend payout ratio (DPR) is 58.95%.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Credicorp from a “hold” rating to a “buy” rating in a research report on Saturday.

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.