Deprince Race & Zollo Inc. Sells 11,799 Shares of Credicorp Ltd. (NYSE:BAP)

Deprince Race & Zollo Inc. reduced its holdings in Credicorp Ltd. (NYSE:BAP) by 24.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 36,506 shares of the bank’s stock after selling 11,799 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Credicorp were worth $6,692,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of BAP. Barclays PLC lifted its position in shares of Credicorp by 3.3% during the 3rd quarter. Barclays PLC now owns 218,733 shares of the bank’s stock valued at $39,584,000 after acquiring an additional 6,988 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Credicorp by 8.0% during the third quarter. Principal Financial Group Inc. now owns 347,083 shares of the bank’s stock valued at $62,812,000 after purchasing an additional 25,742 shares during the period. Nordea Investment Management AB raised its holdings in shares of Credicorp by 18.5% during the fourth quarter. Nordea Investment Management AB now owns 24,008 shares of the bank’s stock valued at $4,362,000 after purchasing an additional 3,753 shares during the period. Diversified Trust Co boosted its position in shares of Credicorp by 21.7% during the 4th quarter. Diversified Trust Co now owns 2,881 shares of the bank’s stock worth $528,000 after purchasing an additional 514 shares in the last quarter. Finally, Aprio Wealth Management LLC acquired a new stake in shares of Credicorp in the 4th quarter valued at about $200,000. 89.81% of the stock is currently owned by institutional investors.

Credicorp Stock Performance

Shares of Credicorp stock opened at $203.96 on Friday. The business has a 50-day simple moving average of $188.41 and a 200 day simple moving average of $186.92. The firm has a market capitalization of $16.22 billion, a price-to-earnings ratio of 11.09, a PEG ratio of 0.56 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.02 and a quick ratio of 1.07. Credicorp Ltd. has a one year low of $153.27 and a one year high of $205.02.

Credicorp (NYSE:BAP) last issued its earnings results on Monday, February 10th. The bank reported $3.76 earnings per share for the quarter, missing analysts’ consensus estimates of $4.42 by ($0.66). Credicorp had a return on equity of 16.25% and a net margin of 20.94%. On average, research analysts anticipate that Credicorp Ltd. will post 21.9 earnings per share for the current fiscal year.

Credicorp Profile

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts.