Fifth Third Bancorp Sells 606 Shares of Credicorp Ltd. (NYSE:BAP)

Fifth Third Bancorp cut its holdings in shares of Credicorp Ltd. (NYSE:BAP) by 7.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,005 shares of the bank’s stock after selling 606 shares during the quarter. Fifth Third Bancorp’s holdings in Credicorp were worth $1,291,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BAP. CWM LLC lifted its stake in shares of Credicorp by 69.2% during the 4th quarter. CWM LLC now owns 225 shares of the bank’s stock valued at $34,000 after buying an additional 92 shares in the last quarter. Parallel Advisors LLC grew its stake in Credicorp by 25.2% in the 4th quarter. Parallel Advisors LLC now owns 671 shares of the bank’s stock valued at $101,000 after buying an additional 135 shares in the last quarter. Signaturefd LLC raised its holdings in Credicorp by 24.3% during the 4th quarter. Signaturefd LLC now owns 746 shares of the bank’s stock valued at $112,000 after acquiring an additional 146 shares during the period. Janiczek Wealth Management LLC lifted its position in shares of Credicorp by 7.8% during the first quarter. Janiczek Wealth Management LLC now owns 1,050 shares of the bank’s stock worth $178,000 after acquiring an additional 76 shares in the last quarter. Finally, Tidal Investments LLC bought a new position in shares of Credicorp in the first quarter worth $223,000. Institutional investors own 89.81% of the company’s stock.

Credicorp Stock Performance

NYSE:BAP opened at $168.19 on Thursday. The business’s fifty day moving average is $165.45 and its 200 day moving average is $166.71. The firm has a market cap of $13.38 billion, a price-to-earnings ratio of 9.98, a PEG ratio of 0.52 and a beta of 1.14. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.09 and a current ratio of 1.09. Credicorp Ltd. has a 52-week low of $116.42 and a 52-week high of $180.21.

About Credicorp

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts.