Credicorp Ltd. (NYSE:BAP) Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its stake in shares of Credicorp Ltd. (NYSE:BAP) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,075 shares of the bank’s stock after purchasing an additional 559 shares during the quarter. Hsbc Holdings PLC’s holdings in Credicorp were worth $4,225,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Headlands Technologies LLC purchased a new position in Credicorp in the 4th quarter valued at approximately $38,000. MassMutual Private Wealth & Trust FSB increased its position in shares of Credicorp by 37.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank’s stock valued at $41,000 after buying an additional 62 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Credicorp by 45.7% in the fourth quarter. Wells Fargo & Company MN now owns 692 shares of the bank’s stock valued at $127,000 after buying an additional 217 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Credicorp in the 4th quarter worth about $172,000. Finally, Aprio Wealth Management LLC purchased a new stake in shares of Credicorp in the 4th quarter worth about $200,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Credicorp Stock Performance

NYSE:BAP opened at $199.92 on Wednesday. Credicorp Ltd. has a twelve month low of $153.27 and a twelve month high of $202.54. The company has a market capitalization of $15.90 billion, a P/E ratio of 10.87, a price-to-earnings-growth ratio of 0.56 and a beta of 0.99. The company has a current ratio of 1.02, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68. The firm has a 50-day moving average price of $185.73 and a two-hundred day moving average price of $186.23.

Credicorp (NYSE:BAP) last issued its quarterly earnings data 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 return on equity of 16.25% and a net margin of 20.94%. As a group, research analysts expect that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.

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.