Credicorp Ltd. (BAP) Holdings Trimmed by Standard Life Aberdeen plc

Standard Life Aberdeen plc lessened its holdings in Credicorp Ltd. (NYSE:BAP) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 264,316 shares of the bank’s stock after selling 3,086 shares during the quarter. Standard Life Aberdeen plc’s holdings in Credicorp were worth $54,828,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. OppenheimerFunds Inc. boosted its holdings in Credicorp by 51.8% in the fourth quarter. OppenheimerFunds Inc. now owns 1,991,220 shares of the bank’s stock worth $413,039,000 after acquiring an additional 679,301 shares in the last quarter. Itau Unibanco Holding S.A. boosted its holdings in Credicorp by 29.9% in the fourth quarter. Itau Unibanco Holding S.A. now owns 46,486 shares of the bank’s stock worth $9,643,000 after acquiring an additional 10,700 shares in the last quarter. BlackRock Inc. boosted its holdings in Credicorp by 2.3% in the fourth quarter. BlackRock Inc. now owns 3,847,202 shares of the bank’s stock worth $798,024,000 after acquiring an additional 85,134 shares in the last quarter. Schroder Investment Management Group boosted its holdings in Credicorp by 104.4% in the fourth quarter. Schroder Investment Management Group now owns 1,220,510 shares of the bank’s stock worth $253,170,000 after acquiring an additional 623,444 shares in the last quarter. Finally, Cidel Asset Management Inc. boosted its holdings in Credicorp by 1.1% in the fourth quarter. Cidel Asset Management Inc. now owns 120,392 shares of the bank’s stock worth $24,973,000 after acquiring an additional 1,323 shares in the last quarter. 65.86% of the stock is owned by institutional investors and hedge funds.

Shares of Credicorp Ltd. (NYSE:BAP) opened at $217.95 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.04. Credicorp Ltd. has a twelve month low of $150.71 and a twelve month high of $237.99. The company has a market capitalization of $17,390.00, a PE ratio of 13.78, a P/E/G ratio of 1.17 and a beta of 0.91.

Several equities research analysts have weighed in on the company. Zacks Investment Research downgraded Credicorp from a “buy” rating to a “hold” rating in a report on Monday, January 8th. ValuEngine raised Credicorp from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. downgraded Credicorp from a “buy” rating to a “hold” rating in a report on Monday, November 13th. HSBC downgraded Credicorp from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, downgraded Credicorp from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Six research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $225.50.

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About Credicorp

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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Institutional Ownership by Quarter for Credicorp (NYSE:BAP)

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