Credicorp Ltd. (BAP) Shares Sold by Scout Investments Inc.

Scout Investments Inc. cut its position in shares of Credicorp Ltd. (NYSE:BAP) by 8.3% during the third quarter, Holdings Channel reports. The firm owned 186,781 shares of the company’s stock after selling 16,939 shares during the period. Credicorp comprises approximately 0.8% of Scout Investments Inc.’s investment portfolio, making the stock its 23rd largest position. Scout Investments Inc.’s holdings in Credicorp were worth $28,432,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of BAP. BlackRock Investment Management LLC increased its stake in shares of Credicorp by 10.2% in the third quarter. BlackRock Investment Management LLC now owns 81,877 shares of the company’s stock worth $12,463,000 after buying an additional 7,572 shares during the period. Henderson Group PLC boosted its position in shares of Credicorp by 16.9% in the third quarter. Henderson Group PLC now owns 24,783 shares of the company’s stock worth $3,773,000 after buying an additional 3,583 shares in the last quarter. Morgan Stanley boosted its position in shares of Credicorp by 5.2% in the third quarter. Morgan Stanley now owns 2,462,634 shares of the company’s stock worth $374,861,000 after buying an additional 121,424 shares in the last quarter. Harding Loevner LP boosted its position in shares of Credicorp by 5.1% in the third quarter. Harding Loevner LP now owns 942,994 shares of the company’s stock worth $143,543,000 after buying an additional 45,554 shares in the last quarter. Finally, Global Thematic Partners LLC boosted its position in shares of Credicorp by 62.7% in the third quarter. Global Thematic Partners LLC now owns 26,829 shares of the company’s stock worth $4,084,000 after buying an additional 10,344 shares in the last quarter. 63.91% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Credicorp (NYSE:BAP)

Shares of Credicorp Ltd. (NYSE:BAP) opened at 173.12 on Monday. The firm has a 50-day moving average of $163.14 and a 200 day moving average of $157.02. The firm’s market cap is $13.81 billion. Credicorp Ltd. has a 52-week low of $107.25 and a 52-week high of $173.79.

TRADEMARK VIOLATION NOTICE: This report was published by sleekmoney and is the property of of sleekmoney. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international copyright law. The correct version of this report can be accessed at http://sleekmoney.com/credicorp-ltd-bap-shares-sold-by-scout-investments-inc/1658126.html.

BAP has been the subject of a number of recent research reports. Zacks Investment Research cut shares of Credicorp from a “hold” rating to a “sell” rating in a research note on Tuesday, October 18th. Credit Suisse Group restated a “buy” rating and issued a $196.00 price objective on shares of Credicorp in a research note on Wednesday, February 8th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $177.75.

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.

5 Day Chart for NYSE:BAP

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).

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/credicorp-ltd-bap-shares-sold-by-scout-investments-inc/1658126.html

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *