Intercorp Financial Services Inc. (NYSE:IFS) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group trimmed its holdings in shares of Intercorp Financial Services Inc. (NYSE:IFS) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 807,964 shares of the company’s stock after selling 13,061 shares during the period. Schroder Investment Management Group owned 0.71% of Intercorp Financial Services worth $23,706,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership raised its stake in Intercorp Financial Services by 20.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 274,868 shares of the company’s stock worth $8,065,000 after acquiring an additional 47,295 shares during the period. Pictet Asset Management Holding SA grew its holdings in shares of Intercorp Financial Services by 13.5% during the fourth quarter. Pictet Asset Management Holding SA now owns 34,500 shares of the company’s stock valued at $1,012,000 after purchasing an additional 4,100 shares during the last quarter. Sagil Capital LLP acquired a new stake in shares of Intercorp Financial Services during the 4th quarter worth approximately $9,064,000. Banco BTG Pactual S.A. bought a new stake in shares of Intercorp Financial Services in the 4th quarter worth approximately $1,882,000. Finally, Sei Investments Co. bought a new stake in shares of Intercorp Financial Services in the 4th quarter worth approximately $212,000.

Intercorp Financial Services Price Performance

Shares of IFS opened at $33.59 on Thursday. Intercorp Financial Services Inc. has a 12 month low of $20.56 and a 12 month high of $34.60. The stock has a fifty day moving average price of $32.15 and a 200 day moving average price of $29.32. The company has a market cap of $3.84 billion, a P/E ratio of 11.12, a PEG ratio of 0.32 and a beta of 1.24.

Intercorp Financial Services (NYSE:IFS) last released its quarterly earnings results on Wednesday, February 5th. The company reported $1.13 EPS 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, research analysts anticipate that Intercorp Financial Services Inc. will post 4.23 earnings per share for the current year.

Intercorp Financial Services Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, April 24th will be paid 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 payout ratio is currently 31.46%.

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.