Bank of Montreal Can Has $72.81 Million Holdings in Credicorp Ltd. (BAP)

Bank of Montreal Can trimmed its stake in Credicorp Ltd. (NYSE:BAP) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 350,990 shares of the bank’s stock after selling 11,665 shares during the quarter. Bank of Montreal Can’s holdings in Credicorp were worth $72,806,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in BAP. American Century Companies Inc. boosted its holdings in Credicorp by 710.5% in the third quarter. American Century Companies Inc. now owns 578,112 shares of the bank’s stock worth $118,525,000 after acquiring an additional 506,784 shares in the last quarter. FMR LLC raised its stake in shares of Credicorp by 14.7% in the second quarter. FMR LLC now owns 1,707,394 shares of the bank’s stock worth $306,289,000 after purchasing an additional 218,893 shares during the last quarter. Vontobel Asset Management Inc. raised its stake in shares of Credicorp by 19.5% in the fourth quarter. Vontobel Asset Management Inc. now owns 1,280,187 shares of the bank’s stock worth $268,690,000 after purchasing an additional 208,454 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Credicorp by 67.4% in the third quarter. Principal Financial Group Inc. now owns 476,334 shares of the bank’s stock worth $97,658,000 after purchasing an additional 191,853 shares during the last quarter. Finally, APG Asset Management N.V. raised its stake in shares of Credicorp by 106.0% in the third quarter. APG Asset Management N.V. now owns 364,345 shares of the bank’s stock worth $74,698,000 after purchasing an additional 187,500 shares during the last quarter. 66.10% of the stock is currently owned by institutional investors and hedge funds.

Credicorp Ltd. (BAP) opened at $228.29 on Friday. Credicorp Ltd. has a one year low of $150.71 and a one year high of $228.70. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $17,970.00, a price-to-earnings ratio of 14.85, a PEG ratio of 1.13 and a beta of 0.86.

Several research analysts have recently weighed in on the company. Zacks Investment Research cut Credicorp from a “buy” rating to a “hold” rating in a research note on Monday, January 8th. ValuEngine cut Credicorp from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. cut Credicorp from a “buy” rating to a “hold” rating in a research note on Monday, November 13th. Citigroup cut Credicorp from a “buy” rating to a “neutral” rating in a research note on Friday, September 29th. Finally, HSBC cut Credicorp from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Seven investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $225.50.

TRADEMARK VIOLATION WARNING: This story was originally reported by Ticker Report and is the property of of Ticker Report. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and international copyright & trademark law. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/3145155/bank-of-montreal-can-has-72-81-million-holdings-in-credicorp-ltd-bap.html.

Credicorp Profile

Credicorp Ltd. is a financial services holding company in Peru. The Company has four operating segments based on its products and services, which include banking, insurance, pension funds and investment banking. Its operating subsidiaries include Banco de Credito del Peru; Atlantic Security Bank, which it holds through Atlantic Security Holding Corporation; El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros (Grupo Pacifico); Prima AFP SA, and Credicorp Capital Ltd.

Want to see what other hedge funds are holding BAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Credicorp Ltd. (NYSE:BAP).

Institutional Ownership by Quarter for Credicorp (NYSE:BAP)

Receive News & Ratings for Credicorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credicorp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.