William Blair Investment Management LLC grew its stake in shares of Credicorp Ltd. (NYSE:BAP – Free Report) by 13.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 318,666 shares of the bank’s stock after purchasing an additional 39,001 shares during the period. William Blair Investment Management LLC owned approximately 0.40% of Credicorp worth $51,410,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of BAP. DekaBank Deutsche Girozentrale boosted its stake in Credicorp by 0.8% during the second quarter. DekaBank Deutsche Girozentrale now owns 21,871 shares of the bank’s stock worth $3,446,000 after acquiring an additional 179 shares in the last quarter. Qsemble Capital Management LP bought a new stake in Credicorp during the second quarter worth about $280,000. Headlands Technologies LLC bought a new stake in Credicorp during the second quarter worth about $84,000. Andra AP fonden bought a new stake in Credicorp during the second quarter worth about $5,292,000. Finally, Royal London Asset Management Ltd. boosted its stake in Credicorp by 2.1% during the second quarter. Royal London Asset Management Ltd. now owns 141,041 shares of the bank’s stock worth $22,754,000 after acquiring an additional 2,847 shares in the last quarter. Institutional investors own 89.81% of the company’s stock.
Credicorp Trading Up 0.5 %
NYSE:BAP opened at $175.58 on Friday. Credicorp Ltd. has a one year low of $116.42 and a one year high of $180.21. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.02 and a quick ratio of 1.02. The company’s 50-day simple moving average is $169.76 and its 200 day simple moving average is $167.86.
About Credicorp
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.
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