Credicorp Ltd. (NYSE:BAP) Shares Bought by Lazard Asset Management LLC

Lazard Asset Management LLC lifted its position in shares of Credicorp Ltd. (NYSE:BAP) by 2.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 747,720 shares of the bank’s stock after acquiring an additional 20,785 shares during the period. Lazard Asset Management LLC’s holdings in Credicorp were worth $137,070,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Ethic Inc. raised its position in shares of Credicorp by 33.2% during the 4th quarter. Ethic Inc. now owns 7,762 shares of the bank’s stock worth $1,423,000 after purchasing an additional 1,936 shares during the last quarter. Fiduciary Trust Co grew its holdings in shares of Credicorp by 4.3% during the fourth quarter. Fiduciary Trust Co now owns 1,939 shares of the bank’s stock worth $356,000 after buying an additional 80 shares in the last quarter. D. E. Shaw & Co. Inc. acquired a new position in shares of Credicorp in the fourth quarter valued at approximately $4,786,000. Driehaus Capital Management LLC lifted its stake in shares of Credicorp by 23.6% during the fourth quarter. Driehaus Capital Management LLC now owns 506,493 shares of the bank’s stock valued at $92,850,000 after buying an additional 96,593 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in Credicorp during the fourth quarter worth approximately $7,747,000. 89.81% of the stock is owned by institutional investors and hedge funds.

Credicorp Trading Up 0.6%

Shares of BAP opened at $205.21 on Monday. The company has a market capitalization of $16.32 billion, a PE ratio of 11.16, a price-to-earnings-growth ratio of 0.56 and a beta of 1.00. The stock has a fifty day moving average of $188.86 and a two-hundred day moving average of $187.02. Credicorp Ltd. has a fifty-two week low of $153.27 and a fifty-two week high of $206.98. 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 (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%. As a group, analysts forecast that Credicorp Ltd. will post 21.9 EPS for the current 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.