Goldman Sachs Group Inc. lowered its holdings in Credicorp Ltd. (NYSE:BAP) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 787,686 shares of the bank’s stock after selling 15,608 shares during the period. Goldman Sachs Group Inc. owned approximately 0.99% of Credicorp worth $163,389,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Nationwide Fund Advisors grew its stake in Credicorp by 78.9% during the third quarter. Nationwide Fund Advisors now owns 22,906 shares of the bank’s stock valued at $4,696,000 after acquiring an additional 10,100 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in Credicorp by 16.6% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,938 shares of the bank’s stock valued at $1,422,000 after acquiring an additional 988 shares in the last quarter. Principal Financial Group Inc. grew its stake in Credicorp by 67.4% during the third quarter. Principal Financial Group Inc. now owns 476,334 shares of the bank’s stock valued at $97,658,000 after acquiring an additional 191,853 shares in the last quarter. Swiss National Bank grew its stake in Credicorp by 2.2% during the third quarter. Swiss National Bank now owns 143,395 shares of the bank’s stock valued at $29,399,000 after acquiring an additional 3,068 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. purchased a new position in Credicorp during the third quarter valued at approximately $10,456,000. 66.64% of the stock is currently owned by institutional investors.
Shares of Credicorp Ltd. (BAP) opened at $221.11 on Monday. Credicorp Ltd. has a 12 month low of $150.71 and a 12 month high of $237.99. The company has a current ratio of 1.11, a quick ratio of 1.22 and a debt-to-equity ratio of 0.73.
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Credicorp Company Profile
Credicorp Ltd. is a financial services holding company in Peru. The Company has four operating segments based on its products and services, which include banking, insurance, pension funds and investment banking. Its operating subsidiaries include Banco de Credito del Peru; Atlantic Security Bank, which it holds through Atlantic Security Holding Corporation; El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros (Grupo Pacifico); Prima AFP SA, and Credicorp Capital Ltd.
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