Aware Super Pty Ltd as trustee of Aware Super Acquires 597 Shares of Credicorp Ltd. $BAP

Aware Super Pty Ltd as trustee of Aware Super boosted its holdings in Credicorp Ltd. (NYSE:BAP) by 1.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,967 shares of the bank’s stock after buying an additional 597 shares during the period. Aware Super Pty Ltd as trustee of Aware Super’s holdings in Credicorp were worth $11,616,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. SVB Wealth LLC bought a new stake in shares of Credicorp during the 1st quarter valued at $35,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Credicorp during the first quarter worth $40,000. Farther Finance Advisors LLC grew its stake in shares of Credicorp by 2,170.0% during the first quarter. Farther Finance Advisors LLC now owns 227 shares of the bank’s stock worth $44,000 after purchasing an additional 217 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Credicorp in the first quarter valued at about $78,000. Finally, Advisors Asset Management Inc. acquired a new position in Credicorp in the first quarter valued at about $88,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Credicorp Stock Performance

Shares of BAP opened at $254.78 on Thursday. The firm has a market cap of $20.27 billion, a P/E ratio of 12.08, a PEG ratio of 0.69 and a beta of 1.11. Credicorp Ltd. has a twelve month low of $165.51 and a twelve month high of $280.88. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.08 and a current ratio of 1.08. The firm’s 50 day moving average price is $259.21 and its two-hundred day moving average price is $226.70.

Credicorp (NYSE:BAP) last issued its quarterly earnings data on Thursday, August 14th. The bank reported $6.24 EPS for the quarter, topping analysts’ consensus estimates of $5.73 by $0.51. The business had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.52 billion. Credicorp had a net margin of 23.22% and a return on equity of 17.94%. On average, analysts forecast that Credicorp Ltd. will post 21.9 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BAP shares. Hsbc Global Res upgraded Credicorp to a “hold” rating in a research report on Friday, September 5th. HSBC cut shares of Credicorp from a “buy” rating to a “hold” rating and boosted their price objective for the company from $225.00 to $255.00 in a report on Friday, September 5th. Wall Street Zen upgraded shares of Credicorp from a “hold” rating to a “buy” rating in a report on Friday, August 22nd. The Goldman Sachs Group raised shares of Credicorp from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $174.00 to $225.00 in a research report on Thursday, July 24th. Finally, Zacks Research raised shares of Credicorp from a “hold” rating to a “strong-buy” rating in a report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $250.00.

About Credicorp

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.