Schroder Investment Management Group reduced its stake in shares of Intercorp Financial Services Inc. (NYSE:IFS - Free Report) by 1.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 807,964 shares of the company's stock after selling 13,061 shares during the quarter. Schroder Investment Management Group owned approximately 0.71% of Intercorp Financial Services worth $23,706,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. R Squared Ltd purchased a new position in shares of Intercorp Financial Services during the fourth quarter worth approximately $42,000. Sei Investments Co. bought a new position in shares of Intercorp Financial Services during the 4th quarter worth $212,000. PDT Partners LLC purchased a new position in shares of Intercorp Financial Services during the third quarter valued at $237,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Intercorp Financial Services during the fourth quarter valued at $238,000. Finally, XTX Topco Ltd bought a new stake in shares of Intercorp Financial Services in the third quarter valued at about $288,000.
Intercorp Financial Services Stock Performance
Intercorp Financial Services stock traded down $1.70 during midday trading on Monday, hitting $29.55. 319,172 shares of the company's stock were exchanged, compared to its average volume of 130,866. The company has a market cap of $3.38 billion, a PE ratio of 9.78, a P/E/G ratio of 0.32 and a beta of 1.18. The firm has a 50-day moving average of $32.25 and a two-hundred day moving average of $29.49. Intercorp Financial Services Inc. has a 12 month low of $20.56 and a 12 month high of $34.60.
Intercorp Financial Services (NYSE:IFS - Get Free Report) last announced its quarterly 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 net margin of 21.03% and a return on equity of 12.38%. As a group, equities analysts expect that Intercorp Financial Services Inc. will post 4.23 earnings per share for the current year.
Intercorp Financial Services Announces Dividend
The business also recently declared an annual dividend, which will be paid on Monday, May 5th. Stockholders of record on Thursday, April 24th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 3%. Intercorp Financial Services's dividend payout ratio is presently 31.46%.
Intercorp Financial Services Company Profile
(
Free Report)
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.
Further Reading
Before you consider Intercorp Financial Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intercorp Financial Services wasn't on the list.
While Intercorp Financial Services currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
