Mirabella Financial Services LLP Purchases 109,900 Shares of Intercorp Financial Services Inc. (NYSE:IFS)

Mirabella Financial Services LLP boosted its holdings in shares of Intercorp Financial Services Inc. (NYSE:IFS - Free Report) by 614.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 127,797 shares of the company's stock after acquiring an additional 109,900 shares during the quarter. Mirabella Financial Services LLP owned 0.11% of Intercorp Financial Services worth $3,750,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of IFS. Jane Street Group LLC purchased a new stake in shares of Intercorp Financial Services during the third quarter valued at $447,000. Principal Financial Group Inc. boosted its position in Intercorp Financial Services by 351.5% in the 3rd quarter. Principal Financial Group Inc. now owns 231,269 shares of the company's stock valued at $6,043,000 after buying an additional 180,043 shares during the period. Banco BTG Pactual S.A. bought a new position in Intercorp Financial Services in the 4th quarter worth about $1,882,000. Arrowstreet Capital Limited Partnership grew its stake in Intercorp Financial Services by 20.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 274,868 shares of the company's stock worth $8,065,000 after acquiring an additional 47,295 shares in the last quarter. Finally, American Century Companies Inc. increased its position in shares of Intercorp Financial Services by 48.5% during the fourth quarter. American Century Companies Inc. now owns 49,449 shares of the company's stock worth $1,451,000 after acquiring an additional 16,158 shares during the period.

Intercorp Financial Services Trading Up 1.2 %

Shares of NYSE IFS traded up $0.38 during trading hours on Friday, reaching $32.26. The stock had a trading volume of 35,985 shares, compared to its average volume of 132,136. Intercorp Financial Services Inc. has a 52-week low of $21.27 and a 52-week high of $34.60. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 10.68, a P/E/G ratio of 0.32 and a beta of 1.18. The business's fifty day moving average price is $32.09 and its two-hundred day moving average price is $29.94.

Intercorp Financial Services (NYSE:IFS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.19. Intercorp Financial Services had a return on equity of 12.38% and a net margin of 21.03%. Equities research 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 firm also recently announced an annual dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, April 24th will be issued a dividend of $1.00 per share. This represents a yield of 3%. The ex-dividend date is Wednesday, April 23rd. Intercorp Financial Services's payout ratio is 31.46%.

Insider Buying and Selling at Intercorp Financial Services

In related news, major shareholder Peru Ltd Intercorp bought 320,237 shares of the company's stock in a transaction 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 transaction, the insider now owns 2,909,571 shares of the company's stock, valued at $56,998,495.89. The trade was a 12.37 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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.