Crossmark Global Holdings Inc. raised its position in shares of Credicorp Ltd. (NYSE:BAP – Get Rating) by 3.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,043 shares of the bank's stock after purchasing an additional 189 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Credicorp were worth $867,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Signaturefd LLC grew its position in Credicorp by 36.5% during the first quarter. Signaturefd LLC now owns 430 shares of the bank's stock valued at $74,000 after buying an additional 115 shares during the period. Krane Funds Advisors LLC increased its stake in shares of Credicorp by 12.9% in the 4th quarter. Krane Funds Advisors LLC now owns 638 shares of the bank's stock worth $78,000 after purchasing an additional 73 shares in the last quarter. JJJ Advisors Inc. raised its holdings in Credicorp by 23.0% in the 1st quarter. JJJ Advisors Inc. now owns 797 shares of the bank's stock worth $137,000 after purchasing an additional 149 shares during the period. Atlas Capital Advisors LLC lifted its position in Credicorp by 11.7% during the first quarter. Atlas Capital Advisors LLC now owns 1,181 shares of the bank's stock valued at $203,000 after purchasing an additional 124 shares in the last quarter. Finally, WINTON GROUP Ltd purchased a new position in Credicorp during the first quarter valued at $205,000.
Get Credicorp alerts:Credicorp Stock Performance
NYSE BAP opened at $130.88 on Monday. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.15 and a quick ratio of 1.15. Credicorp Ltd. has a 1-year low of $102.22 and a 1-year high of $182.11. The business has a 50 day simple moving average of $127.77 and a two-hundred day simple moving average of $140.92. The stock has a market capitalization of $10.44 billion, a PE ratio of 11.22, a P/E/G ratio of 0.37 and a beta of 0.91.
Analyst Upgrades and Downgrades
Separately, Credit Suisse Group raised Credicorp from a "neutral" rating to an "outperform" rating and decreased their price objective for the stock from $151.32 to $142.00 in a research note on Tuesday, July 19th.Credicorp Company Profile
(Get Rating)
Credicorp Ltd., a financial service holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities.
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