Mitsubishi UFJ Trust & Banking Corp raised its position in Credicorp Ltd. (NYSE:BAP) by 3.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 114,444 shares of the bank’s stock after acquiring an additional 3,950 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.14% of Credicorp worth $20,530,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. raised its holdings in Credicorp by 9,913.1% in the 1st quarter. BlackRock Inc. now owns 4,287,311 shares of the bank’s stock valued at $700,118,000 after acquiring an additional 4,244,494 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Credicorp by 6.0% in the 1st quarter. JPMorgan Chase & Co. now owns 2,603,836 shares of the bank’s stock valued at $425,206,000 after acquiring an additional 147,513 shares in the last quarter. Vanguard Group Inc. raised its holdings in Credicorp by 24.7% in the 1st quarter. Vanguard Group Inc. now owns 2,311,345 shares of the bank’s stock valued at $377,442,000 after acquiring an additional 458,288 shares in the last quarter. Genesis Asset Managers LLP raised its holdings in Credicorp by 6.6% in the 2nd quarter. Genesis Asset Managers LLP now owns 2,260,335 shares of the bank’s stock valued at $405,481,000 after acquiring an additional 139,292 shares in the last quarter. Finally, State Street Corp raised its holdings in Credicorp by 3.9% in the 1st quarter. State Street Corp now owns 1,764,313 shares of the bank’s stock valued at $288,118,000 after acquiring an additional 65,484 shares in the last quarter. 66.45% of the stock is owned by hedge funds and other institutional investors.

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Credicorp Ltd. (BAP) opened at 204.78 on Monday. Credicorp Ltd. has a one year low of $144.23 and a one year high of $206.55. The stock has a 50 day moving average price of $194.26 and a 200-day moving average price of $174.31. The firm’s market capitalization is $16.28 billion.

Several equities analysts have commented on BAP shares. Zacks Investment Research raised Credicorp from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a report on Thursday, June 22nd. BidaskClub raised Credicorp from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Finally, UBS AG set a $219.00 target price on Credicorp and gave the stock a “buy” rating in a report on Tuesday, August 15th.

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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