Shares of Intercorp Financial Services Inc. (NYSE:IFS - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $35.90 and last traded at $29.29, with a volume of 251 shares changing hands. The stock had previously closed at $29.78.
Intercorp Financial Services Stock Performance
The firm has a market capitalization of $3.71 billion, a price-to-earnings ratio of 12.72, a price-to-earnings-growth ratio of 0.27 and a beta of 1.26. The firm's 50-day moving average price is $29.14 and its two-hundred day moving average price is $26.74.
Intercorp Financial Services (NYSE:IFS - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.19. Intercorp Financial Services had a return on equity of 10.67% and a net margin of 18.00%. As a group, equities research analysts anticipate that Intercorp Financial Services Inc. will post 2.83 EPS for the current year.
Insider Buying and Selling at Intercorp Financial Services
In other Intercorp Financial Services news, major shareholder Peru Ltd Intercorp acquired 574,071 shares of the business's stock in a transaction on Thursday, December 26th. The stock was purchased at an average price of $19.79 per share, for a total transaction of $11,360,865.09. Following the transaction, the insider now owns 2,470,230 shares in the company, valued at $48,885,851.70. This trade represents a 30.28 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Institutional Investors Weigh In On Intercorp Financial Services
Several hedge funds and other institutional investors have recently added to or reduced their stakes in IFS. R Squared Ltd bought a new stake in shares of Intercorp Financial Services during the fourth quarter valued at approximately $42,000. Semanteon Capital Management LP bought a new position in Intercorp Financial Services in the 3rd quarter valued at $222,000. PDT Partners LLC bought a new stake in shares of Intercorp Financial Services during the third quarter worth $237,000. XTX Topco Ltd acquired a new position in shares of Intercorp Financial Services during the third quarter valued at $288,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Intercorp Financial Services during the second quarter valued at $387,000.
Intercorp Financial Services Company Profile
(
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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.
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