Mondrian Investment Partners LTD decreased its holdings in shares of Credicorp Ltd. (NYSE:BAP) by 33.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 816,340 shares of the bank’s stock after selling 415,515 shares during the quarter. Credicorp makes up about 4.2% of Mondrian Investment Partners LTD’s holdings, making the stock its 5th biggest position. Mondrian Investment Partners LTD owned approximately 1.03% of Credicorp worth $167,366,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. American Century Companies Inc. boosted its holdings in shares of Credicorp by 710.5% during the 3rd quarter. American Century Companies Inc. now owns 578,112 shares of the bank’s stock worth $118,525,000 after buying an additional 506,784 shares during the period. Stevens Capital Management LP boosted its holdings in shares of Credicorp by 15.5% during the 3rd quarter. Stevens Capital Management LP now owns 31,894 shares of the bank’s stock worth $6,539,000 after buying an additional 4,292 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in shares of Credicorp by 16.6% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,938 shares of the bank’s stock worth $1,422,000 after buying an additional 988 shares during the period. BT Investment Management Ltd boosted its holdings in shares of Credicorp by 103.2% during the 3rd quarter. BT Investment Management Ltd now owns 78,092 shares of the bank’s stock worth $16,010,000 after buying an additional 39,657 shares during the period. Finally, Andra AP fonden boosted its holdings in shares of Credicorp by 18.3% during the 3rd quarter. Andra AP fonden now owns 62,000 shares of the bank’s stock worth $12,711,000 after buying an additional 9,600 shares during the period. Institutional investors own 66.04% of the company’s stock.

Several analysts recently issued reports on BAP shares. BidaskClub raised shares of Credicorp from a “buy” rating to a “strong-buy” rating in a report on Friday, August 11th. Citigroup Inc. downgraded shares of Credicorp from a “buy” rating to a “neutral” rating in a report on Friday, September 29th. Zacks Investment Research downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. UBS AG set a $219.00 price objective on shares of Credicorp and gave the stock a “buy” rating in a report on Tuesday, August 15th. Finally, Bank of America Corporation downgraded shares of Credicorp from a “buy” rating to a “neutral” rating in a report on Monday, September 18th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Credicorp presently has a consensus rating of “Buy” and a consensus price target of $221.00.

Shares of Credicorp Ltd. (BAP) traded up $1.74 during trading on Monday, reaching $209.06. 87,120 shares of the company’s stock were exchanged, compared to its average volume of 200,112. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.14. Credicorp Ltd. has a 12-month low of $146.03 and a 12-month high of $213.82. The company has a market cap of $16,475.05, a P/E ratio of 15.07, a PEG ratio of 1.23 and a beta of 0.84.

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Credicorp 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.

Institutional Ownership by Quarter for Credicorp (NYSE:BAP)

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