Axa trimmed its stake in shares of Credicorp Ltd. (NYSE:BAP) by 20.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 78,643 shares of the bank’s stock after selling 20,074 shares during the quarter. Axa’s holdings in Credicorp were worth $16,313,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the company. Nationwide Fund Advisors raised its holdings in shares of Credicorp by 78.9% during the 3rd quarter. Nationwide Fund Advisors now owns 22,906 shares of the bank’s stock worth $4,696,000 after buying an additional 10,100 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of Credicorp by 16.6% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,938 shares of the bank’s stock worth $1,422,000 after buying an additional 988 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Credicorp by 710.5% during the 3rd quarter. American Century Companies Inc. now owns 578,112 shares of the bank’s stock worth $118,525,000 after buying an additional 506,784 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Credicorp by 67.4% during the 3rd quarter. Principal Financial Group Inc. now owns 476,334 shares of the bank’s stock worth $97,658,000 after buying an additional 191,853 shares in the last quarter. Finally, Swiss National Bank raised its holdings in shares of Credicorp by 2.2% during the 3rd quarter. Swiss National Bank now owns 143,395 shares of the bank’s stock worth $29,399,000 after buying an additional 3,068 shares in the last quarter. Hedge funds and other institutional investors own 66.63% of the company’s stock.
Credicorp Ltd. (NYSE:BAP) opened at $221.11 on Friday. Credicorp Ltd. has a fifty-two week low of $150.71 and a fifty-two week high of $237.99. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.11 and a quick ratio of 1.22. The stock has a market capitalization of $17,580.00, a PE ratio of 14.01, a price-to-earnings-growth ratio of 1.19 and a beta of 0.94.
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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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