Credicorp Ltd. (NYSE:BAP) reached a new 52-week high during trading on Friday . The stock traded as high as $206.42 and last traded at $206.34, with a volume of 69,199 shares. The stock had previously closed at $202.84.

Several equities research analysts have recently commented on the company. Credit Suisse Group set a $196.00 price objective on Credicorp and gave the stock a “buy” rating in a research note on Saturday, May 6th. UBS AG lowered Credicorp from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 27th. BidaskClub upgraded Credicorp from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 11th. Finally, Zacks Investment Research lowered Credicorp from a “buy” rating to a “hold” rating in a research note on Friday, August 11th.

The company’s market capitalization is $16.28 billion. The company has a 50 day moving average of $194.26 and a 200-day moving average of $174.31.

A number of hedge funds and other institutional investors have recently bought and sold shares of BAP. BlackRock Inc. increased its position in Credicorp by 9,913.1% in the first quarter. BlackRock Inc. now owns 4,287,311 shares of the bank’s stock worth $700,118,000 after buying an additional 4,244,494 shares in the last quarter. Vontobel Asset Management Inc. acquired a new position in Credicorp during the second quarter worth about $192,225,000. Vanguard Group Inc. increased its position in Credicorp by 24.7% in the first quarter. Vanguard Group Inc. now owns 2,311,345 shares of the bank’s stock worth $377,442,000 after buying an additional 458,288 shares in the last quarter. OppenheimerFunds Inc. increased its position in Credicorp by 127.4% in the first quarter. OppenheimerFunds Inc. now owns 616,860 shares of the bank’s stock worth $100,733,000 after buying an additional 345,605 shares in the last quarter. Finally, FMR LLC increased its position in Credicorp by 29.2% in the first quarter. FMR LLC now owns 1,488,501 shares of the bank’s stock worth $243,072,000 after buying an additional 336,149 shares in the last quarter. Institutional investors own 66.45% of the company’s stock.

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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.