Trillium Asset Management LLC Sells 2,735 Shares of Credicorp Ltd. (NYSE:BAP)

Trillium Asset Management LLC lessened its stake in shares of Credicorp Ltd. (NYSE:BAP) by 8.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 30,448 shares of the bank’s stock after selling 2,735 shares during the period. Trillium Asset Management LLC’s holdings in Credicorp were worth $5,582,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB raised its holdings in Credicorp by 37.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 226 shares of the bank’s stock worth $41,000 after buying an additional 62 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in shares of Credicorp by 4.2% in the 4th quarter. Sanctuary Advisors LLC now owns 1,529 shares of the bank’s stock worth $283,000 after acquiring an additional 62 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in Credicorp by 4.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,555 shares of the bank’s stock valued at $285,000 after acquiring an additional 63 shares in the last quarter. Wasatch Advisors LP boosted its stake in Credicorp by 0.7% during the 3rd quarter. Wasatch Advisors LP now owns 8,886 shares of the bank’s stock valued at $1,608,000 after purchasing an additional 65 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of Credicorp by 4.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,628 shares of the bank’s stock worth $298,000 after purchasing an additional 67 shares during the last quarter. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Bank of America cut Credicorp from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $209.00 to $208.00 in a research note on Monday, December 16th.

Credicorp Price Performance

Credicorp stock opened at $192.77 on Thursday. Credicorp Ltd. has a 52 week low of $153.27 and a 52 week high of $200.00. The company’s 50 day moving average price is $184.47 and its two-hundred day moving average price is $184.42. The stock has a market cap of $15.33 billion, a P/E ratio of 10.48, a P/E/G ratio of 0.56 and a beta of 1.10. The company has a quick ratio of 1.07, a current ratio of 1.02 and a debt-to-equity ratio of 0.68.

Credicorp (NYSE:BAP) last issued its quarterly earnings results on Monday, February 10th. The bank reported $3.76 EPS 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, equities analysts predict that Credicorp Ltd. will post 21.9 earnings per share for the current year.

Credicorp Company 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.