Credicorp Ltd. (USA) (BAP) : Genesis Asset Managers Llp reduced its stake in Credicorp Ltd. (USA) by 0.9% during the most recent quarter end. The investment management company now holds a total of 2,132,854 shares of Credicorp Ltd. (USA) which is valued at $303,782,395 after selling 19,300 shares in Credicorp Ltd. (USA) , the firm said in a disclosure report filed with the SEC on Apr 18, 2016.Credicorp Ltd. (USA) makes up approximately 14.69% of Genesis Asset Managers Llp’s portfolio.
Credicorp Ltd. (USA) closed down -1.22 points or -0.85% at $142.43 with 2,26,191 shares getting traded on Friday. Post opening the session at $143.1, the shares hit an intraday low of $141.98 and an intraday high of $144.15 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Fisher Asset Management boosted its stake in BAP in the latest quarter, The investment management firm added 60,871 additional shares and now holds a total of 1,226,662 shares of Credicorp Ltd. (USA) which is valued at $174,713,469. Credicorp Ltd. (USA) makes up approx 0.34% of Fisher Asset Management’s portfolio.Acadian Asset Management boosted its stake in BAP in the latest quarter, The investment management firm added 36,619 additional shares and now holds a total of 2,817,164 shares of Credicorp Ltd. (USA) which is valued at $391,275,908. Credicorp Ltd. (USA) makes up approx 1.96% of Acadian Asset Management’s portfolio. Dnb Asset Management As sold out all of its stake in BAP during the most recent quarter. The investment firm sold 25,355 shares of BAP which is valued $3,521,556.Capstone Asset Management Co reduced its stake in BAP by selling 387 shares or 3.17% in the most recent quarter. The Hedge Fund company now holds 11,828 shares of BAP which is valued at $1,642,791. Credicorp Ltd. (USA) makes up approx 0.05% of Capstone Asset Management Co’s portfolio. British Columbia Investment Management Corp added BAP to its portfolio by purchasing 15,700 company shares during the most recent quarter which is valued at $2,172,880. Credicorp Ltd. (USA) makes up approx 0.02% of British Columbia Investment Management Corp’s portfolio.
Many Wall Street Analysts have commented on Credicorp Ltd. (USA). Company shares were Reiterated by Barclays on Mar 15, 2016 to “Overweight”, Firm has raised the Price Target to $ 149 from a previous price target of $146 .
Credicorp Ltd. is a financial services holding company in Peru. The Company is has four operating segments based on its products and services. Its operational segments include banking insurance pension funds and investment banking. The Company’s five principal operating subsidiaries include Banco de Credito del Peru (BCP); Atlantic Security Bank (ASB) which it holds through Atlantic Security Holding Corporation (ASHC); El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros (Grupo Pacifico); Prima AFP and Credicorp Capital. Its banking business is principally focused on commercial and consumer loans credit facilities deposits current accounts and credit cards. It conducts its insurance business through Grupo Pacifico which is a Peruvian insurance company. Its investment banking business units are grouped under Credicorp Capital which carries out its operations in the region through Credicorp Capital Peru Credicorp Capital Colombia (formerly Correval) and IM Trust.