XTX Topco Ltd Has $299,000 Stock Position in Intercorp Financial Services Inc. (NYSE:IFS)

XTX Topco Ltd lessened its holdings in shares of Intercorp Financial Services Inc. (NYSE:IFS - Free Report) by 58.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,010 shares of the company's stock after selling 12,902 shares during the quarter. XTX Topco Ltd's holdings in Intercorp Financial Services were worth $299,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its position in Intercorp Financial Services by 4.0% during the first quarter. Principal Financial Group Inc. now owns 396,356 shares of the company's stock valued at $13,131,000 after acquiring an additional 15,087 shares in the last quarter. Bank of America Corp DE raised its position in shares of Intercorp Financial Services by 141.4% in the fourth quarter. Bank of America Corp DE now owns 28,875 shares of the company's stock valued at $847,000 after purchasing an additional 16,916 shares during the period. Northern Trust Corp raised its position in shares of Intercorp Financial Services by 103.5% in the fourth quarter. Northern Trust Corp now owns 61,206 shares of the company's stock valued at $1,796,000 after purchasing an additional 31,136 shares during the period. Lazard Asset Management LLC bought a new position in shares of Intercorp Financial Services in the fourth quarter valued at approximately $1,382,000. Finally, Squarepoint Ops LLC bought a new position in shares of Intercorp Financial Services in the fourth quarter valued at approximately $672,000.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Intercorp Financial Services from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 8th.

Intercorp Financial Services Stock Performance

Shares of NYSE:IFS traded up $0.32 during trading on Friday, reaching $39.03. The stock had a trading volume of 10,956 shares, compared to its average volume of 212,473. Intercorp Financial Services Inc. has a 52 week low of $23.18 and a 52 week high of $40.24. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 8.67, a P/E/G ratio of 0.36 and a beta of 1.15. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.61. The stock has a fifty day simple moving average of $36.83 and a two-hundred day simple moving average of $34.26.

Insider Activity at Intercorp Financial Services

In related news, major shareholder Peru Ltd Intercorp acquired 17,803 shares of the stock in a transaction dated Tuesday, July 22nd. The shares were acquired at an average price of $19.66 per share, for a total transaction of $350,006.98. Following the completion of the purchase, the insider owned 2,946,766 shares in the company, valued at approximately $57,933,419.56. The trade was a 0.61% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

About Intercorp Financial Services

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.