Sei Investments Co. acquired a new stake in Intercorp Financial Services Inc. (NYSE:IFS – Free Report) in the fourth quarter, Holdings Channel reports. The fund acquired 7,236 shares of the company’s stock, valued at approximately $212,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp raised its position in shares of Intercorp Financial Services by 13.3% in the third quarter. State Street Corp now owns 143,413 shares of the company’s stock valued at $3,747,000 after buying an additional 16,793 shares in the last quarter. Jane Street Group LLC bought a new position in Intercorp Financial Services during the 3rd quarter worth $447,000. XTX Topco Ltd acquired a new position in Intercorp Financial Services in the 3rd quarter valued at $288,000. Public Employees Retirement System of Ohio acquired a new position in Intercorp Financial Services in the 3rd quarter valued at $423,000. Finally, Geode Capital Management LLC lifted its position in shares of Intercorp Financial Services by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 16,799 shares of the company’s stock valued at $439,000 after acquiring an additional 401 shares during the period.
Intercorp Financial Services Stock Performance
IFS opened at $29.98 on Friday. The firm has a market cap of $3.43 billion, a P/E ratio of 9.93, a price-to-earnings-growth ratio of 0.32 and a beta of 1.18. The business’s fifty day moving average is $32.32 and its 200-day moving average is $29.65. Intercorp Financial Services Inc. has a 52-week low of $20.56 and a 52-week high of $34.60.
Intercorp Financial Services Announces Dividend
The company also recently disclosed an annual dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, April 24th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 3%. Intercorp Financial Services’s dividend payout ratio is currently 31.46%.
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.
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