9,095 Shares in Intercorp Financial Services Inc. (NYSE:IFS) Purchased by Ariel Investments LLC

Ariel Investments LLC acquired a new stake in Intercorp Financial Services Inc. (NYSE:IFS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,095 shares of the company’s stock, valued at approximately $267,000.

A number of other institutional investors also recently modified their holdings of IFS. R Squared Ltd bought a new position in Intercorp Financial Services in the fourth quarter valued at about $42,000. Employees Retirement System of Texas acquired a new stake in shares of Intercorp Financial Services during the 4th quarter worth approximately $1,549,000. Sei Investments Co. bought a new stake in shares of Intercorp Financial Services during the fourth quarter worth approximately $212,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Intercorp Financial Services in the fourth quarter valued at approximately $238,000. Finally, Quantbot Technologies LP boosted its stake in Intercorp Financial Services by 314.4% in the fourth quarter. Quantbot Technologies LP now owns 10,923 shares of the company’s stock valued at $320,000 after acquiring an additional 8,287 shares during the last quarter.

Insider Buying and Selling at Intercorp Financial Services

In other news, major shareholder Peru Ltd Intercorp acquired 77,988 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was acquired at an average price of $19.58 per share, for a total transaction of $1,527,005.04. Following the transaction, the insider now directly owns 2,589,334 shares in the company, valued at approximately $50,699,159.72. This represents a 3.11 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Intercorp Financial Services Stock Performance

Shares of Intercorp Financial Services stock opened at $34.39 on Friday. Intercorp Financial Services Inc. has a 52 week low of $21.40 and a 52 week high of $34.60. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 11.39, a PEG ratio of 0.32 and a beta of 1.17. The firm has a fifty day moving average of $32.28 and a two-hundred day moving average of $30.23.

Intercorp Financial Services (NYSE:IFS) last released its earnings results 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 12.38% and a net margin of 21.03%. As a group, research analysts forecast that Intercorp Financial Services Inc. will post 4.23 EPS for the current fiscal year.

Intercorp Financial Services Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, April 24th will be issued a dividend of $1.00 per share. This represents a yield of 3%. The ex-dividend date of this dividend is Wednesday, April 23rd. Intercorp Financial Services’s dividend payout ratio is currently 31.46%.

About Intercorp Financial Services

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.