New York State Common Retirement Fund Acquires Shares of 24,415 Intercorp Financial Services Inc. (NYSE:IFS)

New York State Common Retirement Fund acquired a new stake in shares of Intercorp Financial Services Inc. (NYSE:IFS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 24,415 shares of the company's stock, valued at approximately $716,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. R Squared Ltd purchased a new stake in Intercorp Financial Services during the 4th quarter valued at $42,000. PDT Partners LLC bought a new stake in shares of Intercorp Financial Services in the 3rd quarter worth about $237,000. XTX Topco Ltd purchased a new position in shares of Intercorp Financial Services during the 3rd quarter worth about $288,000. Public Employees Retirement System of Ohio bought a new position in Intercorp Financial Services during the 3rd quarter valued at about $423,000. Finally, Geode Capital Management LLC raised its position in Intercorp Financial Services by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 16,799 shares of the company's stock worth $439,000 after purchasing an additional 401 shares during the period.

Insider Buying and Selling at Intercorp Financial Services

In related news, major shareholder Peru Ltd Intercorp acquired 574,071 shares of the firm's stock in a transaction that occurred on Thursday, December 26th. The stock was purchased at an average cost of $19.79 per share, for a total transaction of $11,360,865.09. Following the purchase, the insider now directly owns 2,470,230 shares of the company's stock, valued at $48,885,851.70. This trade represents a 30.28 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

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Intercorp Financial Services Stock Performance

NYSE IFS traded up $0.43 during trading on Friday, hitting $32.04. The stock had a trading volume of 113,183 shares, compared to its average volume of 179,985. The stock has a market capitalization of $3.67 billion, a price-to-earnings ratio of 10.61, a P/E/G ratio of 0.32 and a beta of 1.24. The stock has a 50 day simple moving average of $30.58 and a 200 day simple moving average of $28.12. Intercorp Financial Services Inc. has a one year low of $20.56 and a one year high of $33.62.

Intercorp Financial Services (NYSE:IFS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $1.13 EPS for the quarter, topping 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%. On average, sell-side analysts predict that Intercorp Financial Services Inc. will post 4.23 EPS for the current year.

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.