Sagil Capital LLP Purchases Shares of 308,943 Intercorp Financial Services Inc. (NYSE:IFS)

Sagil Capital LLP acquired a new position in shares of Intercorp Financial Services Inc. (NYSE:IFS) in the 4th quarter, HoldingsChannel reports. The firm acquired 308,943 shares of the company’s stock, valued at approximately $9,064,000. Intercorp Financial Services makes up approximately 4.2% of Sagil Capital LLP’s portfolio, making the stock its 4th largest position.

A number of other institutional investors also recently modified their holdings of the company. Banco BTG Pactual S.A. acquired a new stake in shares of Intercorp Financial Services in the fourth quarter valued at $1,882,000. Sei Investments Co. acquired a new position in Intercorp Financial Services during the 4th quarter worth about $212,000. American Century Companies Inc. grew its holdings in Intercorp Financial Services by 48.5% during the 4th quarter. American Century Companies Inc. now owns 49,449 shares of the company’s stock worth $1,451,000 after acquiring an additional 16,158 shares during the last quarter. Quantbot Technologies LP increased its position in Intercorp Financial Services by 314.4% in the 4th 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 in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Intercorp Financial Services in the fourth quarter worth about $238,000.

Intercorp Financial Services Trading Down 1.5 %

Shares of IFS stock opened at $33.79 on Thursday. Intercorp Financial Services Inc. has a 1 year low of $20.56 and a 1 year high of $34.60. The firm’s 50 day moving average is $31.71 and its 200-day moving average is $29.01. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 11.19, a PEG ratio of 0.32 and a beta of 1.24.

Intercorp Financial Services (NYSE:IFS) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $1.13 earnings per share (EPS) for the quarter, topping 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%. On average, equities research analysts forecast that Intercorp Financial Services Inc. will post 4.23 earnings per share for the current fiscal 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.