Geode Capital Management LLC Grows Position in Intercorp Financial Services Inc. (NYSE:IFS)

Geode Capital Management LLC boosted its holdings in Intercorp Financial Services Inc. (NYSE:IFS) by 2.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 16,799 shares of the company’s stock after acquiring an additional 401 shares during the period. Geode Capital Management LLC’s holdings in Intercorp Financial Services were worth $439,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Semanteon Capital Management LP bought a new stake in shares of Intercorp Financial Services in the third quarter worth approximately $222,000. PDT Partners LLC bought a new position in Intercorp Financial Services during the third quarter valued at approximately $237,000. XTX Topco Ltd purchased a new stake in Intercorp Financial Services in the third quarter worth approximately $288,000. Public Employees Retirement System of Ohio bought a new stake in Intercorp Financial Services in the 3rd quarter worth approximately $423,000. Finally, Jane Street Group LLC purchased a new stake in Intercorp Financial Services during the 3rd quarter valued at $447,000.

Insider Activity at Intercorp Financial Services

In other Intercorp Financial Services news, major shareholder Peru Ltd Intercorp bought 574,071 shares of the business’s stock in a transaction that occurred on Thursday, December 26th. The stock was bought at an average cost of $19.79 per share, for a total transaction of $11,360,865.09. Following the completion of the transaction, the insider now owns 2,470,230 shares of the company’s stock, valued at $48,885,851.70. This represents a 30.28 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Intercorp Financial Services Price Performance

NYSE IFS opened at $28.33 on Monday. The stock has a market capitalization of $3.27 billion, a price-to-earnings ratio of 11.11, a PEG ratio of 0.41 and a beta of 1.26. Intercorp Financial Services Inc. has a 1-year low of $20.56 and a 1-year high of $30.59. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.12 and a quick ratio of 1.12. The business’s fifty day moving average price is $28.56 and its 200-day moving average price is $25.95.

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.