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

Sagil Capital LLP acquired a new stake in Intercorp Financial Services Inc. (NYSE:IFS) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 308,943 shares of the company’s stock, valued at approximately $9,064,000. Intercorp Financial Services accounts for 4.2% of Sagil Capital LLP’s portfolio, making the stock its 4th biggest holding. Sagil Capital LLP owned 0.27% of Intercorp Financial Services as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. R Squared Ltd bought 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 during the fourth quarter worth $212,000. PDT Partners LLC bought a new stake in Intercorp Financial Services in the 3rd quarter valued at $237,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Intercorp Financial Services in the 4th quarter valued at $238,000. Finally, XTX Topco Ltd acquired a new position in shares of Intercorp Financial Services in the 3rd quarter valued at $288,000.

Intercorp Financial Services Stock Performance

Shares of Intercorp Financial Services stock opened at $33.79 on Thursday. The firm has a market cap of $3.87 billion, a P/E ratio of 11.19, a price-to-earnings-growth ratio of 0.32 and a beta of 1.24. The firm’s 50-day simple moving average is $31.71 and its 200-day simple moving average is $29.01. Intercorp Financial Services Inc. has a twelve month low of $20.56 and a twelve month high of $34.60.

Intercorp Financial Services (NYSE:IFS) last released 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 return on equity of 12.38% and a net margin of 21.03%. On average, equities analysts forecast that Intercorp Financial Services Inc. will post 4.23 earnings per share for the current fiscal year.

Intercorp Financial Services Company 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.