Pear Tree Advisors Inc Lowers stake in Credicorp Ltd. (USA) (BAP)

Credicorp Ltd. (USA) (BAP) : Pear Tree Advisors Inc reduced its stake in Credicorp Ltd. (USA) by 84.52% during the most recent quarter end. The investment management company now holds a total of 1,201 shares of Credicorp Ltd. (USA) which is valued at $173,605 after selling 6,559 shares in Credicorp Ltd. (USA) , the firm said in a disclosure report filed with the SEC on May 13, 2016.Credicorp Ltd. (USA) makes up approximately 0.07% of Pear Tree Advisors Inc’s portfolio.

Other Hedge Funds, Including , Nomura Asset Management Co Ltd boosted its stake in BAP in the latest quarter, The investment management firm added 1,773 additional shares and now holds a total of 6,483 shares of Credicorp Ltd. (USA) which is valued at $937,118. Credicorp Ltd. (USA) makes up approx 0.02% of Nomura Asset Management Co Ltd’s portfolio.Artisan Partners Limited Partnership reduced its stake in BAP by selling 49,515 shares or 28.2% in the most recent quarter. The Hedge Fund company now holds 126,066 shares of BAP which is valued at $18.2 Million. Credicorp Ltd. (USA) makes up approx 0.04% of Artisan Partners Limited Partnership’s portfolio. Landscape Capital Management L.l.c. sold out all of its stake in BAP during the most recent quarter. The investment firm sold 2,985 shares of BAP which is valued $431,482. Pioneer Investment Management Inc sold out all of its stake in BAP during the most recent quarter. The investment firm sold 2,098 shares of BAP which is valued $303,266.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in BAP in the latest quarter, The investment management firm added 80 additional shares and now holds a total of 5,750 shares of Credicorp Ltd. (USA) which is valued at $805,115. Credicorp Ltd. (USA) makes up approx 0.02% of Mitsubishi Ufj Kokusai Asset Management Ltd.’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.

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