Intercorp Financial Services Inc. (NYSE:IFS) Holdings Decreased by Schroder Investment Management Group

Schroder Investment Management Group lowered its stake in Intercorp Financial Services Inc. (NYSE:IFS) by 1.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & 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’s holdings in Intercorp Financial Services were worth $23,706,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. R Squared Ltd acquired a new stake in shares of Intercorp Financial Services in the 4th quarter worth approximately $42,000. Sei Investments Co. acquired a new stake in Intercorp Financial Services in the fourth quarter worth approximately $212,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Intercorp Financial Services during the 4th quarter valued at $238,000. PDT Partners LLC acquired a new position in shares of Intercorp Financial Services during the 3rd quarter valued at $237,000. Finally, Quantbot Technologies LP raised its stake in shares of Intercorp Financial Services by 314.4% in the 4th 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 Stock Down 0.6 %

Shares of Intercorp Financial Services stock opened at $33.59 on Thursday. The business has a fifty day simple moving average of $32.15 and a 200-day simple moving average of $29.32. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 11.12, a price-to-earnings-growth ratio of 0.32 and a beta of 1.24. Intercorp Financial Services Inc. has a fifty-two week low of $20.56 and a fifty-two week high of $34.60.

Intercorp Financial Services (NYSE:IFS) last posted 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 net margin of 21.03% and a return on equity of 12.38%. Analysts anticipate that Intercorp Financial Services Inc. will post 4.23 earnings per share for the current fiscal year.

Intercorp Financial Services Announces Dividend

The business also recently declared an annual dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, April 24th will be issued a $1.00 dividend. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 3%. Intercorp Financial Services’s dividend 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.