Wall Street analysts expect Credicorp Ltd. (NYSE:BAP) to report earnings per share (EPS) of $3.52 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Credicorp’s earnings. The lowest EPS estimate is $3.49 and the highest is $3.55. Credicorp reported earnings of $3.57 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 1.4%. The firm is expected to report its next earnings results on Thursday, November 2nd.

On average, analysts expect that Credicorp will report full year earnings of $14.07 per share for the current financial year, with EPS estimates ranging from $14.00 to $14.19. For the next fiscal year, analysts forecast that the company will post earnings of $15.76 per share, with EPS estimates ranging from $15.25 to $16.27. Zacks’ earnings per share calculations are an average based on a survey of research firms that cover Credicorp.

BAP has been the topic of several recent research reports. Credit Suisse Group set a $196.00 price objective on shares of Credicorp and gave the company a “buy” rating in a report on Saturday, May 6th. Zacks Investment Research downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a report on Tuesday, May 23rd. BidaskClub raised shares of Credicorp from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Finally, UBS AG downgraded shares of Credicorp from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 27th.

Shares of Credicorp (NYSE BAP) traded up 1.37% during mid-day trading on Friday, reaching $201.98. 267,480 shares of the company’s stock traded hands. The company’s market cap is $16.05 billion. Credicorp has a 12-month low of $144.23 and a 12-month high of $203.10. The firm has a 50-day moving average of $188.75 and a 200 day moving average of $171.67.

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Large investors have recently added to or reduced their stakes in the stock. Capstone Asset Management Co. increased its stake in shares of Credicorp by 8.9% in the first quarter. Capstone Asset Management Co. now owns 7,932 shares of the bank’s stock worth $1,295,000 after buying an additional 649 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Credicorp during the first quarter worth about $376,000. Quantitative Systematic Strategies LLC purchased a new stake in shares of Credicorp during the first quarter worth about $744,000. Huntington National Bank increased its stake in shares of Credicorp by 3.4% in the first quarter. Huntington National Bank now owns 764 shares of the bank’s stock worth $125,000 after buying an additional 25 shares during the last quarter. Finally, Candriam Luxembourg S.C.A. increased its stake in shares of Credicorp by 84.1% in the first quarter. Candriam Luxembourg S.C.A. now owns 56,900 shares of the bank’s stock worth $9,292,000 after buying an additional 26,000 shares during the last quarter. 69.31% of the stock is currently owned by institutional investors and hedge funds.

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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