Sagil Capital LLP Takes $9.06 Million Position in Intercorp Financial Services Inc. (NYSE:IFS)

Sagil Capital LLP acquired a new stake in Intercorp Financial Services Inc. (NYSE:IFS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 308,943 shares of the company's stock, valued at approximately $9,064,000. Intercorp Financial Services makes up about 4.2% of Sagil Capital LLP's holdings, making the stock its 4th biggest position. Sagil Capital LLP owned 0.27% of Intercorp Financial Services as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC grew its holdings in shares of Intercorp Financial Services by 2.4% in the third quarter. Geode Capital Management LLC now owns 16,799 shares of the company's stock valued at $439,000 after purchasing an additional 401 shares in the last quarter. R Squared Ltd purchased a new stake in Intercorp Financial Services during the 4th quarter worth about $42,000. Sei Investments Co. acquired a new stake in Intercorp Financial Services in the 4th quarter valued at about $212,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Intercorp Financial Services in the 4th quarter valued at about $238,000. Finally, Quantbot Technologies LP grew its position in shares of Intercorp Financial Services by 314.4% during the fourth quarter. Quantbot Technologies LP now owns 10,923 shares of the company's stock worth $320,000 after buying an additional 8,287 shares in the last quarter.

Intercorp Financial Services Trading Down 1.3 %

Shares of IFS stock traded down $0.43 on Monday, reaching $33.07. 32,580 shares of the stock were exchanged, compared to its average volume of 178,848. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 10.95, a PEG ratio of 0.32 and a beta of 1.24. The business's 50 day moving average price is $31.88 and its 200 day moving average price is $29.17. Intercorp Financial Services Inc. has a twelve month low of $20.56 and a twelve month high of $34.60.

Remove Ads

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 (EPS) for the quarter, beating analysts' consensus estimates 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 forecast that Intercorp Financial Services Inc. will post 4.23 earnings per share 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.