Mason Hill Advisors buys $18.3 Million stake in Credicorp Ltd. (USA) (BAP)

Credicorp Ltd. (USA) (BAP) : Mason Hill Advisors scooped up 18,000 additional shares in Credicorp Ltd. (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 126,540 shares of Credicorp Ltd. (USA) which is valued at $18.3 Million.Credicorp Ltd. (USA) makes up approximately 9.88% of Mason Hill Advisors’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in BAP in the latest quarter, The investment management firm added 2,860 additional shares and now holds a total of 307,570 shares of Credicorp Ltd. (USA) which is valued at $44.5 Million. Credicorp Ltd. (USA) makes up approx 0.03% of Dimensional Fund Advisors Lp’s portfolio. Investec Asset Management North America added BAP to its portfolio by purchasing 53,214 company shares during the most recent quarter which is valued at $7.7 Million. Credicorp Ltd. (USA) makes up approx 1.27% of Investec Asset Management North America’s portfolio.Jefferies Group boosted its stake in BAP in the latest quarter, The investment management firm added 3,081 additional shares and now holds a total of 3,095 shares of Credicorp Ltd. (USA) which is valued at $447,382. Credicorp Ltd. (USA) makes up approx 0.02% of Jefferies Group’s portfolio. Oxford Asset Management added BAP to its portfolio by purchasing 54,982 company shares during the most recent quarter which is valued at $7.9 Million. Credicorp Ltd. (USA) makes up approx 0.29% of Oxford Asset Management’s portfolio.Toron Capital Markets boosted its stake in BAP in the latest quarter, The investment management firm added 42,673 additional shares and now holds a total of 126,564 shares of Credicorp Ltd. (USA) which is valued at $17.7 Million. Credicorp Ltd. (USA) makes up approx 1.06% of Toron Capital Markets’s portfolio.

Credicorp Ltd. (USA) opened for trading at $142.85 and hit $144.36 on the upside on Wednesday, eventually ending the session at $144.06, with a gain of 2.05% or 2.9 points. The heightened volatility saw the trading volume jump to 2,26,024 shares. Company has a market cap of $13,597 M.

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.

Leave a Reply

Credicorp Ltd. (USA) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Credicorp Ltd. (USA). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.