Campbell & CO Investment Adviser LLC Cuts Position in Intercorp Financial Services Inc. $IFS

Campbell & CO Investment Adviser LLC decreased its stake in Intercorp Financial Services Inc. (NYSE:IFS) by 24.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,386 shares of the company’s stock after selling 8,286 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Intercorp Financial Services were worth $968,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Boston Partners boosted its position in shares of Intercorp Financial Services by 4.0% in the 1st quarter. Boston Partners now owns 26,917 shares of the company’s stock worth $892,000 after buying an additional 1,045 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in Intercorp Financial Services by 9.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 61,148 shares of the company’s stock worth $2,332,000 after buying an additional 5,244 shares during the last quarter. Quantbot Technologies LP grew its holdings in Intercorp Financial Services by 50.2% in the first quarter. Quantbot Technologies LP now owns 16,404 shares of the company’s stock valued at $543,000 after purchasing an additional 5,481 shares during the period. Allianz Asset Management GmbH purchased a new stake in shares of Intercorp Financial Services during the 2nd quarter valued at $283,000. Finally, Jane Street Group LLC acquired a new stake in Intercorp Financial Services during the first quarter worth about $287,000.

Insider Activity

In other news, major shareholder Peru Ltd Intercorp purchased 20,113 shares of the stock in a transaction dated Wednesday, September 24th. The shares were bought at an average cost of $19.64 per share, for a total transaction of $395,019.32. Following the transaction, the insider owned 3,093,612 shares in the company, valued at $60,758,539.68. This trade represents a 0.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Intercorp Financial Services Stock Performance

Shares of NYSE IFS opened at $41.66 on Thursday. Intercorp Financial Services Inc. has a 12-month low of $27.07 and a 12-month high of $43.67. The company has a market cap of $4.77 billion, a PE ratio of 8.83, a P/E/G ratio of 0.35 and a beta of 1.12. The stock has a 50 day simple moving average of $41.12 and a 200-day simple moving average of $38.22. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.49.

Intercorp Financial Services (NYSE:IFS) last issued its quarterly earnings results on Thursday, November 6th. The company reported $1.12 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.04). The business had revenue of $486.96 million for the quarter, compared to analyst estimates of $441.08 million. Intercorp Financial Services had a net margin of 28.41% and a return on equity of 17.27%. On average, equities research analysts forecast that Intercorp Financial Services Inc. will post 4.23 EPS for the current year.

Wall Street Analyst Weigh In

IFS has been the subject of several recent research reports. Wall Street Zen raised shares of Intercorp Financial Services from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 16th. Zacks Research downgraded shares of Intercorp Financial Services from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Intercorp Financial Services in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Intercorp Financial Services has a consensus rating of “Moderate Buy”.

About Intercorp Financial Services

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.