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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