Fox Run Management L.L.C. Buys Shares of 4,704 Credicorp Ltd. (NYSE:BAP)

Fox Run Management L.L.C. bought a new stake in shares of Credicorp Ltd. (NYSE:BAP) in the 4th quarter, HoldingsChannel reports. The fund bought 4,704 shares of the bank’s stock, valued at approximately $862,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB increased its stake in Credicorp by 37.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank’s stock valued at $41,000 after purchasing an additional 62 shares during the last quarter. Sanctuary Advisors LLC grew its position in shares of Credicorp by 4.2% during the fourth quarter. Sanctuary Advisors LLC now owns 1,529 shares of the bank’s stock worth $283,000 after acquiring an additional 62 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Credicorp by 4.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 1,555 shares of the bank’s stock worth $285,000 after acquiring an additional 63 shares during the last quarter. Wasatch Advisors LP grew its position in shares of Credicorp by 0.7% during the third quarter. Wasatch Advisors LP now owns 8,886 shares of the bank’s stock worth $1,608,000 after acquiring an additional 65 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of Credicorp by 4.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,628 shares of the bank’s stock worth $298,000 after acquiring an additional 67 shares during the last quarter. Institutional investors own 89.81% of the company’s stock.

Analysts Set New Price Targets

Separately, Bank of America lowered shares of Credicorp from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $209.00 to $208.00 in a research report on Monday, December 16th.

Credicorp Stock Down 0.6 %

Credicorp stock opened at $193.13 on Monday. The company has a 50-day simple moving average of $184.95 and a 200-day simple moving average of $184.77. The firm has a market capitalization of $15.36 billion, a P/E ratio of 10.50, a P/E/G ratio of 0.56 and a beta of 1.10. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02. Credicorp Ltd. has a one year low of $153.27 and a one year high of $200.00.

Credicorp (NYSE:BAP) last announced its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.42 by ($0.66). Credicorp had a net margin of 20.94% and a return on equity of 16.25%. As a group, equities analysts expect that Credicorp Ltd. will post 21.9 earnings per share for the current year.

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.