Arrowstreet Capital Limited Partnership Increases Stake in Intercorp Financial Services Inc. (NYSE:IFS)

Arrowstreet Capital Limited Partnership increased its position in shares of Intercorp Financial Services Inc. (NYSE:IFS - Free Report) by 20.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 274,868 shares of the company's stock after buying an additional 47,295 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.24% of Intercorp Financial Services worth $8,065,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. R Squared Ltd acquired a new stake in Intercorp Financial Services during the fourth quarter worth $42,000. Sei Investments Co. purchased a new position in shares of Intercorp Financial Services during the 4th quarter worth $212,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Intercorp Financial Services during the 4th quarter worth about $238,000. XTX Topco Ltd purchased a new stake in Intercorp Financial Services in the 3rd quarter valued at about $288,000. Finally, Quantbot Technologies LP lifted its position in Intercorp Financial Services by 314.4% in the fourth quarter. Quantbot Technologies LP now owns 10,923 shares of the company's stock valued at $320,000 after buying an additional 8,287 shares during the last quarter.

Intercorp Financial Services Stock Up 0.8 %

Shares of IFS traded up $0.25 during trading on Friday, reaching $29.98. 135,902 shares of the company traded hands, compared to its average volume of 133,682. The stock has a 50-day simple moving average of $32.32 and a 200-day simple moving average of $29.65. The stock has a market cap of $3.43 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 0.32 and a beta of 1.18. Intercorp Financial Services Inc. has a twelve month low of $20.56 and a twelve month high of $34.60.

Intercorp Financial Services (NYSE:IFS - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.19. Intercorp Financial Services had a net margin of 21.03% and a return on equity of 12.38%. On average, equities research analysts predict that Intercorp Financial Services Inc. will post 4.23 EPS for the current year.

Intercorp Financial Services Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, April 24th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 3%. Intercorp Financial Services's dividend payout ratio is presently 31.46%.

Intercorp Financial Services Company Profile

Intercorp Financial Services Inc, together with its subsidiaries, offers banking, insurance, wealth management, and payment services for retail and commercial clients in Peru. The company provides loans, credit facilities, deposits, and current accounts; life annuity products with single-premium payment and conventional life insurance products, as well as other retail insurance products; and brokerage and investment management services.