Guardian Capital LP Has $2.33 Million Position in Credicorp Ltd. (BAP)
Guardian Capital LP increased its position in shares of Credicorp Ltd. (NYSE:BAP) by 9.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,975 shares of the bank’s stock after acquiring an additional 1,150 shares during the quarter. Guardian Capital LP’s holdings in Credicorp were worth $2,328,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in BAP. Advisor Group Inc. raised its holdings in Credicorp by 143.0% in the 2nd quarter. Advisor Group Inc. now owns 724 shares of the bank’s stock valued at $130,000 after acquiring an additional 426 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Credicorp by 50.0% during the 1st quarter. Tower Research Capital LLC TRC now owns 846 shares of the bank’s stock worth $138,000 after purchasing an additional 282 shares during the period. US Bancorp DE lifted its stake in shares of Credicorp by 117.4% during the 1st quarter. US Bancorp DE now owns 1,248 shares of the bank’s stock worth $204,000 after purchasing an additional 674 shares during the period. Blair William & Co. IL purchased a new position in shares of Credicorp during the 2nd quarter worth $239,000. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Credicorp during the second quarter worth $247,000. Hedge funds and other institutional investors own 66.43% of the company’s stock.
Shares of Credicorp Ltd. (NYSE BAP) traded up 1.73% on Monday, hitting $208.57. The company had a trading volume of 37,852 shares. Credicorp Ltd. has a 12-month low of $144.23 and a 12-month high of $213.82. The company’s market cap is $16.58 billion. The company has a 50 day moving average of $201.18 and a 200-day moving average of $177.59.
Several equities analysts recently commented on the company. Citigroup Inc. lowered Credicorp from a “buy” rating to a “neutral” rating in a research note on Friday. Bank of America Corporation lowered Credicorp from a “buy” rating to a “neutral” rating in a research note on Monday, September 18th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a $248.00 price target on shares of Credicorp in a report on Monday, September 11th. UBS AG set a $219.00 price objective on shares of Credicorp and gave the company a “buy” rating in a research note on Tuesday, August 15th. Finally, Zacks Investment Research downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Credicorp presently has an average rating of “Buy” and an average target price of $217.00.
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.
Want to see what other hedge funds are holding BAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Credicorp Ltd. (NYSE:BAP).
Receive News & Stock Ratings for Credicorp Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credicorp Ltd. and related stocks with our FREE daily email newsletter.