BNP Paribas Financial Markets Takes Position in Intercorp Financial Services Inc. (NYSE:IFS)

BNP Paribas Financial Markets acquired a new position in shares of Intercorp Financial Services Inc. (NYSE:IFS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 57,512 shares of the company's stock, valued at approximately $1,687,000. BNP Paribas Financial Markets owned approximately 0.05% of Intercorp Financial Services as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in IFS. R Squared Ltd acquired a new position in Intercorp Financial Services during the fourth quarter valued at $42,000. Sei Investments Co. purchased a new position in Intercorp Financial Services during the 4th quarter valued at about $212,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Intercorp Financial Services in the 4th quarter valued at about $238,000. Ariel Investments LLC acquired a new position in shares of Intercorp Financial Services in the 4th quarter valued at about $267,000. Finally, Quantbot Technologies LP lifted its position in shares of Intercorp Financial Services by 314.4% in the fourth quarter. Quantbot Technologies LP now owns 10,923 shares of the company's stock worth $320,000 after purchasing an additional 8,287 shares in the last quarter.

Intercorp Financial Services Stock Performance

Shares of IFS stock traded up $0.01 during trading on Wednesday, hitting $36.10. 139,155 shares of the company were exchanged, compared to its average volume of 140,941. The business's 50-day simple moving average is $33.03 and its 200 day simple moving average is $30.89. Intercorp Financial Services Inc. has a twelve month low of $21.40 and a twelve month high of $36.40. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 11.95, a P/E/G ratio of 0.32 and a beta of 1.17.

Intercorp Financial Services (NYSE:IFS - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $1.06 earnings per share (EPS) 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 company had revenue of $382.57 million during the quarter, compared to the consensus estimate of $1.35 billion. On average, equities analysts forecast that Intercorp Financial Services Inc. will post 4.23 earnings per share for the current fiscal year.

Intercorp Financial Services Dividend Announcement

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

Insider Buying and Selling

In related news, major shareholder Peru Ltd Intercorp purchased 77,988 shares of the firm's stock in a transaction dated Monday, March 24th. The stock was bought at an average price of $19.58 per share, for a total transaction of $1,527,005.04. Following the purchase, the insider now owns 2,589,334 shares in the company, valued at $50,699,159.72. The trade was a 3.11% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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.