Mondrian Investment Partners LTD cut its stake in Credicorp Ltd. (NYSE:BAP) by 5.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,231,855 shares of the bank’s stock after selling 65,537 shares during the period. Credicorp comprises about 6.3% of Mondrian Investment Partners LTD’s investment portfolio, making the stock its 3rd largest position. Mondrian Investment Partners LTD’s holdings in Credicorp were worth $220,982,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Shell Asset Management Co. increased its position in shares of Credicorp by 1.0% in the first quarter. Shell Asset Management Co. now owns 36,342 shares of the bank’s stock valued at $5,935,000 after buying an additional 352 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of Credicorp by 0.8% in the first quarter. Fisher Asset Management LLC now owns 1,291,779 shares of the bank’s stock valued at $210,948,000 after buying an additional 10,287 shares during the last quarter. UMB Bank N A MO increased its position in shares of Credicorp by 4.0% in the first quarter. UMB Bank N A MO now owns 1,418 shares of the bank’s stock valued at $232,000 after buying an additional 54 shares during the last quarter. Nationwide Fund Advisors increased its position in shares of Credicorp by 22.6% in the first quarter. Nationwide Fund Advisors now owns 56,906 shares of the bank’s stock valued at $9,293,000 after buying an additional 10,500 shares during the last quarter. Finally, Candriam Luxembourg S.C.A. increased its position in shares of Credicorp by 84.1% in the first quarter. Candriam Luxembourg S.C.A. now owns 56,900 shares of the bank’s stock valued at $9,292,000 after buying an additional 26,000 shares during the last quarter. 70.34% of the stock is currently owned by institutional investors and hedge funds.

Credicorp Ltd. (NYSE BAP) opened at 193.56 on Friday. The firm’s 50-day moving average price is $185.57 and its 200 day moving average price is $170.24. Credicorp Ltd. has a 12-month low of $144.23 and a 12-month high of $202.66. The firm’s market cap is $15.38 billion.

COPYRIGHT VIOLATION WARNING: “Credicorp Ltd. (NYSE:BAP) Shares Sold by Mondrian Investment Partners LTD” was published by Daily Political and is the property of of Daily Political. If you are reading this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.dailypolitical.com/2017/08/11/credicorp-ltd-nysebap-shares-sold-by-mondrian-investment-partners-ltd.html.

Several research analysts have recently commented on the company. Zacks Investment Research downgraded Credicorp from a “buy” rating to a “hold” rating in a report on Wednesday, June 21st. UBS AG downgraded Credicorp from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 27th. BidaskClub raised Credicorp from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Finally, Credit Suisse Group set a $196.00 price objective on Credicorp and gave the stock a “buy” rating in a report on Saturday, May 6th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Credicorp currently has a consensus rating of “Buy” and a consensus target price of $197.00.

About Credicorp

Credicorp Ltd. is a financial services holding company in Peru. The Company has four operating segments based on its products and services, which include banking, insurance, pension funds and investment banking. Its operating subsidiaries include Banco de Credito del Peru; Atlantic Security Bank, which it holds through Atlantic Security Holding Corporation; El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros (Grupo Pacifico); Prima AFP SA, and Credicorp Capital Ltd.

Want to see what other hedge funds are holding BAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Credicorp Ltd. (NYSE:BAP).

Institutional Ownership by Quarter for Credicorp (NYSE:BAP)

Receive News & Ratings for Credicorp Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credicorp Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.