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.
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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.
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