Axiom International Investors LLC Increased Credicorp LTD (BAP) Stake as Shares Rose

Based on the latest 2018Q3 regulatory filing with the SEC, Axiom International Investors Llc increased its stake in Credicorp Ltd (BAP) by 8.35%. The company’s stock rose 2.76% while stock markets declined as Axiom International Investors Llc bought 28,590 shares. The commercial banks company reported $82.74M value for the 2018Q3. Now the institutional investor is holding 370,897 shares, compared to the 342,307 from the previous quarter. Credicorp Ltd has $19.07B market cap. The stock increased 1.16% or $2.74 during the last trading session, touching $239.08.Currently Credicorp Ltd. is uptrending after 4.47% change in last February 16, 2018. BAP has 155,411 shares volume. The stock outperformed the S&P 500 by 4.47%.

About $10.22B and $3.50B US Long portfolio Axiom International Investors Llc manages. Its stake in 2U Inc (NASDAQ:TWOU) was decreased by 58,617 shares to 28,043 shares valued at $2.11 million in 2018Q3, according to the filing. For a total of 167,492 shares it reduced its holding in Nvidia Corp (NASDAQ:NVDA) by 62,200 shares in the quarter, and has cut its stake in Visa Inc (NYSE:V).

A couple more Credicorp Ltd. (NYSE:BAP) news were brought out by: Zacks.com which released on January 30, 2019 “Credicorp (BAP) Expected to Beat Earnings Estimates: Can the Stock Move Higher? – Zacks.com”, also Globenewswire.com on December 07, 2018 brought out “Credicorp’s 2019 Quarterly Earnings Releases NYSE:BAP – GlobeNewswire”, the next Seekingalpha.com is “Credicorp, Ltd. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on February 07, 2019. Globenewswire.com has article titled “Credicorp Ltd.: Credicorp’s Earnings Release and Conference Call 4Q18 – GlobeNewswire”.

Credicorp Ltd. (NYSE:BAP) Ratings Coverage

A total of 2 analysts rate Credicorp (NYSE:BAP) as follows: 1 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 50% are bullish. (NYSE:BAP) has 2 ratings reports on 16 Feb 2019 according to StockzIntelligence. On Friday, December 7 the firm earned “Outperform” rating by Itau BBA. In Monday, February 11 report JP Morgan downgraded the stock to “Neutral” rating.

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