Centiva Capital LP Acquires New Shares in Intercorp Financial Services Inc. (NYSE:IFS)

Centiva Capital LP purchased a new position in shares of Intercorp Financial Services Inc. (NYSE:IFS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 9,931 shares of the company's stock, valued at approximately $291,000.

Other hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in shares of Intercorp Financial Services in the 4th quarter worth about $42,000. Sei Investments Co. bought a new position in shares of Intercorp Financial Services in the fourth quarter worth approximately $212,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Intercorp Financial Services in the fourth quarter valued at $238,000. Ariel Investments LLC purchased a new position in Intercorp Financial Services during the fourth quarter valued at $267,000. Finally, Balyasny Asset Management L.P. purchased a new position in Intercorp Financial Services in the 4th quarter worth about $305,000.

Insider Activity

In other news, major shareholder Peru Ltd Intercorp bought 77,988 shares of the firm's stock in a transaction on Monday, March 24th. The shares were bought at an average cost of $19.58 per share, for a total transaction of $1,527,005.04. Following the completion of the transaction, the insider now owns 2,589,334 shares in the company, valued at $50,699,159.72. This trade represents a 3.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Intercorp Financial Services Stock Down 0.6%

IFS stock traded down $0.23 during midday trading on Friday, hitting $35.67. The company's stock had a trading volume of 115,786 shares, compared to its average volume of 141,026. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of 11.81, a price-to-earnings-growth ratio of 0.32 and a beta of 1.17. Intercorp Financial Services Inc. has a 12 month low of $21.40 and a 12 month high of $36.14. The company has a 50 day moving average of $32.89 and a two-hundred day moving average of $30.79.

Intercorp Financial Services (NYSE:IFS - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.89 by $0.17. Intercorp Financial Services had a return on equity of 12.38% and a net margin of 21.03%. The firm had revenue of $382.57 million for the quarter, compared to analyst estimates of $1.35 billion. On average, analysts anticipate that Intercorp Financial Services Inc. will post 4.23 earnings per share for the current fiscal year.

Intercorp Financial Services Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, May 5th. Shareholders of record on Thursday, April 24th were issued a $1.00 dividend. This represents a yield of 3%. The ex-dividend date was Wednesday, April 23rd. Intercorp Financial Services's payout ratio is currently 25.33%.

Intercorp Financial Services 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.