Bank of New York Mellon Corp lowered its stake in shares of Credicorp Ltd. (NYSE:BAP) by 17.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
Among 9 analysts covering Credicorp LTD (NYSE:BAP), 6 have Buy rating, 0 Sell and 3 Hold. Generation Investment Management LLP now owns 1,084,993 shares worth $222,445,000.
A number of other large investors have also recently added to or reduced their stakes in BAP. As of the end of the quarter Westwood Holdings Group Inc had disposed of 62,321 shares trimming its position 13.7%. JPMorgan Chase & Co. grew its holdings in shares of Credicorp by 8.2% during the second quarter. Deltec Asset Management LLC now owns 39,910 shares of the bank's stock worth $7,159,000 after acquiring an additional 2,000 shares during the period. Deltec Asset Management LLC increased its position in shares of Credicorp by 5.3% during the second quarter. Nomura Asset Management Co. Nordea Investment Management AB lifted its position in shares of Credicorp by 1.3% during the second quarter. The Toron Capital Markets Inc holds 122,422 shares with $21.96M value, up from 120,390 last quarter. Finally, FIL Ltd increased its position in shares of Credicorp by 41.2% in the second quarter. Vanguard Group Inc. now owns 2,406,803 shares of the bank's stock valued at $431,756,000 after purchasing an additional 95,458 shares in the last quarter.
A total of 15 brokerages have released a report on Credicorp Ltd. (USA). (NYSE BAP) opened at $208.62 on Friday.
About 1.70M shares traded. Credicorp Ltd. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $19,230.00, a price-to-earnings ratio of 14.75, a PEG ratio of 1.20 and a beta of 0.84. Credicorp Ltd. has a fifty-two week low of $146.03 and a fifty-two week high of $213.82. The stock of Credicorp Ltd. (USA) (NYSE:BAP) earned "Overweight" rating by JP Morgan on Thursday, August 11. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of U.S. & global copyright legislation. The original version of this piece can be viewed at https://weekherald.com/2017/11/17/credicorp-ltd-bap-stake-lowered-by-parametrica-management-ltd.html.
Another recent and important Credicorp Ltd. (USA) (NYSE:BAP) news was published by Nasdaq.com which published an article titled: "Validea John Neff Strategy Daily Upgrade Report - 11/11/2017" on November 11, 2017. UBS AG set a $219.00 target price on Credicorp and gave the company a "buy" rating in a report on Tuesday, August 15th. Credicorp LTD had 12 analyst reports since September 11, 2015 according to SRatingsIntel. Credit Suisse maintained the shares of BAP in report on Wednesday, September 21 with "Outperform" rating. BidaskClub raised Credicorp from a "buy" rating to a "strong-buy" rating in a research report on Friday, August 11th. Citigroup Inc. lowered shares of Credicorp from a "buy" rating to a "neutral" rating in a research report on Friday, September 29th. Two brokerages rating the company a strong buy, thirteen brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $148.31.