Allspring Global Investments Holdings LLC Lowers Position in Credicorp Ltd. (NYSE:BAP)

Allspring Global Investments Holdings LLC decreased its stake in shares of Credicorp Ltd. (NYSE:BAP) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,525 shares of the bank’s stock after selling 551 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Credicorp were worth $8,635,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BAP. CWM LLC boosted its holdings in Credicorp by 69.2% during the 4th quarter. CWM LLC now owns 225 shares of the bank’s stock worth $34,000 after acquiring an additional 92 shares during the last quarter. Parallel Advisors LLC boosted its holdings in Credicorp by 25.2% during the fourth quarter. Parallel Advisors LLC now owns 671 shares of the bank’s stock worth $101,000 after purchasing an additional 135 shares during the last quarter. Janiczek Wealth Management LLC grew its position in Credicorp by 7.8% in the 1st quarter. Janiczek Wealth Management LLC now owns 1,050 shares of the bank’s stock worth $178,000 after purchasing an additional 76 shares in the last quarter. Inceptionr LLC purchased a new stake in Credicorp in the 4th quarter valued at about $207,000. Finally, Avantax Advisory Services Inc. purchased a new stake in Credicorp in the 4th quarter valued at about $213,000. Institutional investors own 89.81% of the company’s stock.

Credicorp Price Performance

Shares of NYSE BAP opened at $178.35 on Friday. The company has a market capitalization of $14.18 billion, a PE ratio of 10.58, a PEG ratio of 0.52 and a beta of 1.14. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.71. The stock’s 50 day moving average price is $166.98 and its 200-day moving average price is $167.34. Credicorp Ltd. has a twelve month low of $116.42 and a twelve month 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.