PDT Partners LLC Has $719,000 Holdings in Intercorp Financial Services Inc. (NYSE:IFS)

PDT Partners LLC lifted its stake in shares of Intercorp Financial Services Inc. (NYSE:IFS - Free Report) by 170.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,511 shares of the company's stock after purchasing an additional 15,440 shares during the quarter. PDT Partners LLC's holdings in Intercorp Financial Services were worth $719,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Principal Financial Group Inc. raised its stake in Intercorp Financial Services by 64.9% during the fourth quarter. Principal Financial Group Inc. now owns 381,269 shares of the company's stock worth $11,186,000 after acquiring an additional 150,000 shares in the last quarter. Sagil Capital LLP acquired a new stake in Intercorp Financial Services in the fourth quarter valued at approximately $9,064,000. Lord Abbett & CO. LLC grew its stake in shares of Intercorp Financial Services by 39.2% during the fourth quarter. Lord Abbett & CO. LLC now owns 280,131 shares of the company's stock worth $8,219,000 after buying an additional 78,822 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Intercorp Financial Services by 20.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 274,868 shares of the company's stock worth $8,065,000 after buying an additional 47,295 shares in the last quarter. Finally, Marshall Wace LLP lifted its stake in shares of Intercorp Financial Services by 115.3% in the 4th quarter. Marshall Wace LLP now owns 172,118 shares of the company's stock valued at $5,050,000 after acquiring an additional 92,188 shares during the last quarter.

Insider Activity at Intercorp Financial Services

In related news, major shareholder Peru Ltd Intercorp purchased 320,237 shares of Intercorp Financial Services stock in a transaction on Wednesday, April 23rd. The shares were purchased at an average price of $19.59 per share, for a total transaction of $6,273,442.83. Following the transaction, the insider now owns 2,909,571 shares of the company's stock, valued at approximately $56,998,495.89. This represents a 12.37 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Intercorp Financial Services Price Performance

IFS stock traded up $0.04 during midday trading on Tuesday, reaching $34.66. 118,416 shares of the stock were exchanged, compared to its average volume of 135,399. Intercorp Financial Services Inc. has a 52 week low of $21.40 and a 52 week high of $35.32. The company has a fifty day moving average price of $32.33 and a 200 day moving average price of $30.30. The stock has a market capitalization of $3.97 billion, a PE ratio of 11.48, a P/E/G ratio of 0.32 and a beta of 1.17.

Intercorp Financial Services (NYSE:IFS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.19. Intercorp Financial Services had a net margin of 21.03% and a return on equity of 12.38%. As a group, analysts anticipate that Intercorp Financial Services Inc. will post 4.23 earnings per share for the current fiscal year.

Intercorp Financial Services Announces Dividend

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. The ex-dividend date was Wednesday, April 23rd. This represents a dividend yield of 3%. Intercorp Financial Services's dividend payout ratio is 31.46%.

Intercorp Financial Services Company 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.