Centiva Capital LP Takes Position in Intercorp Financial Services Inc. (NYSE:IFS)

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

Several other institutional investors have also modified their holdings of the company. R Squared Ltd purchased a new position in Intercorp Financial Services in the 4th quarter valued at approximately $42,000. Sei Investments Co. acquired 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 position in shares of Intercorp Financial Services during the 4th quarter worth $238,000. Ariel Investments LLC purchased a new stake in shares of Intercorp Financial Services in the 4th quarter worth about $267,000. Finally, Balyasny Asset Management L.P. purchased a new position in Intercorp Financial Services during the 4th quarter valued at about $305,000.

Intercorp Financial Services Price Performance

IFS traded down $0.23 during midday trading on Friday, reaching $35.67. 115,786 shares of the company's stock were exchanged, compared to its average volume of 140,550. Intercorp Financial Services Inc. has a 1-year low of $21.40 and a 1-year high of $36.89. The stock has a market capitalization of $4.08 billion, a PE ratio of 11.81, a P/E/G ratio of 0.32 and a beta of 1.17. The business's 50-day moving average price is $32.81 and its 200 day moving average price is $30.68.

Intercorp Financial Services (NYSE:IFS - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $1.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.17. Intercorp Financial Services had a net margin of 21.03% and a return on equity of 12.38%. The business had revenue of $382.57 million during the quarter, compared to analysts' expectations of $1.35 billion. As a group, analysts expect that Intercorp Financial Services Inc. will post 4.23 EPS for the current fiscal year.

Intercorp Financial Services Announces Dividend

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

Insider Transactions at Intercorp Financial Services

In related news, major shareholder Peru Ltd Intercorp acquired 320,237 shares of the firm's stock in a transaction that occurred on Wednesday, April 23rd. The shares were acquired at an average price of $19.59 per share, with a total value of $6,273,442.83. Following the completion of the purchase, the insider now directly owns 2,909,571 shares in the company, valued at approximately $56,998,495.89. The trade was a 12.37% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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.