Jump Financial LLC Buys Shares of 3,800 Credicorp Ltd. (NYSE:BAP)

Jump Financial LLC acquired a new stake in shares of Credicorp Ltd. (NYSE:BAPFree Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,800 shares of the bank’s stock, valued at approximately $486,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP lifted its stake in Credicorp by 171.1% during the 2nd quarter. Quarry LP now owns 328 shares of the bank’s stock valued at $48,000 after acquiring an additional 207 shares during the period. Parallel Advisors LLC increased its holdings in shares of Credicorp by 41.4% during the 2nd quarter. Parallel Advisors LLC now owns 393 shares of the bank’s stock valued at $58,000 after purchasing an additional 115 shares in the last quarter. Lindbrook Capital LLC increased its holdings in shares of Credicorp by 288.9% during the 2nd quarter. Lindbrook Capital LLC now owns 490 shares of the bank’s stock valued at $72,000 after purchasing an additional 364 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Credicorp by 22.4% during the 2nd quarter. Signaturefd LLC now owns 520 shares of the bank’s stock valued at $77,000 after purchasing an additional 95 shares in the last quarter. Finally, 1832 Asset Management L.P. purchased a new position in shares of Credicorp during the 4th quarter valued at approximately $81,000. 70.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on BAP shares. JPMorgan Chase & Co. raised shares of Credicorp from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $162.00 to $190.00 in a report on Friday, December 15th. Jefferies Financial Group started coverage on shares of Credicorp in a report on Monday, October 16th. They set a “buy” rating and a $161.20 target price for the company. Finally, UBS Group cut their target price on shares of Credicorp from $192.00 to $190.00 and set a “buy” rating for the company in a report on Monday, February 5th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Credicorp has an average rating of “Moderate Buy” and an average target price of $180.40.

View Our Latest Report on Credicorp

Credicorp Price Performance

Shares of NYSE BAP opened at $154.28 on Friday. The firm has a market cap of $12.27 billion, a PE ratio of 10.45, a PEG ratio of 0.66 and a beta of 1.10. The firm has a fifty day moving average of $146.03 and a 200 day moving average of $138.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.00 and a current ratio of 1.00. Credicorp Ltd. has a one year low of $116.42 and a one year high of $160.15.

Credicorp Company Profile

(Free Report)

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. Its Universal Banking segment includes granting various credits and financial instruments to individuals and legal entities; and various deposits and checking accounts. The Insurance and Pensions segment includes the issuance of insurance policies to cover losses in commercial property, transport, marine vessels, automobiles, life, health, and pensions; management services for private pension funds.

See Also

Institutional Ownership by Quarter for Credicorp (NYSE:BAP)

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