Natixis Advisors LLC Has $2.59 Million Stake in Credicorp Ltd. (NYSE:BAP)

Natixis Advisors LLC lifted its holdings in shares of Credicorp Ltd. (NYSE:BAP) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,149 shares of the bank’s stock after buying an additional 97 shares during the quarter. Natixis Advisors LLC’s holdings in Credicorp were worth $2,594,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its position in shares of Credicorp by 37.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank’s stock worth $41,000 after buying an additional 62 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of Credicorp during the 3rd quarter worth approximately $58,000. R Squared Ltd acquired a new position in Credicorp during the fourth quarter valued at approximately $172,000. Aprio Wealth Management LLC acquired a new position in Credicorp during the fourth quarter valued at approximately $200,000. Finally, Callan Family Office LLC acquired a new position in Credicorp during the fourth quarter valued at approximately $204,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Credicorp Stock Down 0.6 %

Shares of NYSE BAP opened at $193.13 on Monday. The stock has a market cap 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 firm has a 50 day moving average price of $184.95 and a 200 day moving average price of $184.77. 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 52-week low of $153.27 and a 52-week high of $200.00.

Credicorp (NYSE:BAP) last announced its quarterly earnings results on Monday, February 10th. The bank reported $3.76 earnings per share 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%. Analysts expect that Credicorp Ltd. will post 21.9 EPS for the current year.

Analysts Set New Price Targets

Separately, Bank of America cut shares of Credicorp from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $209.00 to $208.00 in a report on Monday, December 16th.

Credicorp Profile

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.