UBS Asset Management Americas Inc. raised its stake in shares of Credicorp Ltd. (NYSE:BAP) by 0.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 302,256 shares of the bank’s stock after acquiring an additional 1,070 shares during the quarter. UBS Asset Management Americas Inc. owned approximately 0.38% of Credicorp worth $54,222,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Credicorp by 24.7% during the 1st quarter. Vanguard Group Inc. now owns 2,311,345 shares of the bank’s stock valued at $377,442,000 after acquiring an additional 458,288 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Credicorp by 8.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,816,921 shares of the bank’s stock valued at $505,327,000 after acquiring an additional 213,085 shares in the last quarter. Deltec Asset Management LLC boosted its position in Credicorp by 5.3% during the 2nd quarter. Deltec Asset Management LLC now owns 39,910 shares of the bank’s stock valued at $7,159,000 after acquiring an additional 2,000 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Credicorp by 40.9% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 62,549 shares of the bank’s stock valued at $10,215,000 after purchasing an additional 18,150 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Credicorp by 14.4% during the 1st quarter. Geode Capital Management LLC now owns 104,552 shares of the bank’s stock valued at $17,012,000 after purchasing an additional 13,150 shares during the last quarter. 66.43% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have recently commented on the company. BidaskClub upgraded Credicorp from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. UBS AG lowered Credicorp from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 27th. Bank of America Corporation lowered Credicorp from a “buy” rating to a “neutral” rating in a report on Monday, September 18th. Zacks Investment Research lowered Credicorp from a “buy” rating to a “hold” rating in a report on Wednesday, June 21st. Finally, Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a $248.00 price objective on shares of Credicorp in a report on Monday, September 11th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $217.00.

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Shares of Credicorp Ltd. (NYSE BAP) opened at 202.38 on Monday. Credicorp Ltd. has a one year low of $144.23 and a one year high of $213.82. The stock’s market cap is $16.08 billion. The stock’s 50 day moving average price is $201.18 and its 200 day moving average price is $177.59.

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.

Institutional Ownership by Quarter for Credicorp (NYSE:BAP)

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