18,097 Shares in Credicorp Ltd. (NYSE:BAP) Bought by World Investment Advisors LLC

World Investment Advisors LLC bought a new stake in shares of Credicorp Ltd. (NYSE:BAP) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,097 shares of the bank’s stock, valued at approximately $3,275,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC raised its stake in shares of Credicorp by 16.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,467 shares of the bank’s stock valued at $289,000 after acquiring an additional 212 shares in the last quarter. TT International Asset Management LTD bought a new position in shares of Credicorp in the third quarter valued at approximately $25,081,000. Barclays PLC raised its position in shares of Credicorp by 3.3% in the third quarter. Barclays PLC now owns 218,733 shares of the bank’s stock valued at $39,584,000 after purchasing an additional 6,988 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Credicorp during the 3rd quarter worth $42,794,000. Finally, Orion Portfolio Solutions LLC grew its stake in Credicorp by 23.5% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 8,106 shares of the bank’s stock valued at $1,467,000 after buying an additional 1,542 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BAP. JPMorgan Chase & Co. upped their price target on shares of Credicorp from $200.00 to $219.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. The Goldman Sachs Group increased their target price on Credicorp from $143.00 to $160.00 and gave the company a “sell” rating in a research note on Tuesday, October 8th.

Credicorp Stock Down 1.6 %

NYSE:BAP opened at $189.64 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.66. Credicorp Ltd. has a one year low of $132.19 and a one year high of $200.00. The company has a fifty day moving average price of $188.50 and a 200 day moving average price of $175.53.

Credicorp Cuts Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, October 18th. Stockholders of record on Monday, September 23rd were given a dividend of $2.9084 per share. This represents a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, September 23rd. Credicorp’s dividend payout ratio is currently 53.30%.

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.