International Bancshares Co. (NASDAQ:IBOC) Shares Acquired by Boston Trust Walden Corp

Boston Trust Walden Corp boosted its holdings in International Bancshares Co. (NASDAQ:IBOC) by 11.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,412,533 shares of the bank’s stock after purchasing an additional 144,684 shares during the quarter. Boston Trust Walden Corp owned about 2.27% of International Bancshares worth $89,216,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IBOC. Foundry Partners LLC acquired a new position in shares of International Bancshares in the 3rd quarter valued at $8,937,000. Azora Capital LP lifted its holdings in shares of International Bancshares by 7.2% during the third quarter. Azora Capital LP now owns 905,453 shares of the bank’s stock worth $54,137,000 after purchasing an additional 60,573 shares during the period. Charles Schwab Investment Management Inc. grew its position in International Bancshares by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,996,782 shares of the bank’s stock valued at $119,388,000 after buying an additional 55,406 shares during the last quarter. Barclays PLC boosted its holdings in International Bancshares by 86.6% in the 3rd quarter. Barclays PLC now owns 111,823 shares of the bank’s stock valued at $6,686,000 after purchasing an additional 51,887 shares in the last quarter. Finally, Tamar Securities LLC increased its holdings in shares of International Bancshares by 7.0% in the 3rd quarter. Tamar Securities LLC now owns 602,142 shares of the bank’s stock valued at $36,002,000 after purchasing an additional 39,234 shares in the last quarter. 65.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at International Bancshares

In related news, CEO Dennis E. Nixon sold 34,815 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $72.18, for a total transaction of $2,512,946.70. Following the transaction, the chief executive officer now directly owns 965,185 shares of the company’s stock, valued at approximately $69,667,053.30. The trade was a 3.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 13.93% of the company’s stock.

International Bancshares Stock Down 2.0 %

Shares of NASDAQ IBOC opened at $65.89 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.72 and a quick ratio of 0.72. The firm’s 50-day moving average is $67.10 and its two-hundred day moving average is $64.49. International Bancshares Co. has a 12-month low of $48.85 and a 12-month high of $76.91. The company has a market capitalization of $4.10 billion, a PE ratio of 10.25 and a beta of 0.93.

International Bancshares (NASDAQ:IBOC) last issued its quarterly earnings results on Thursday, November 7th. The bank reported $1.60 earnings per share for the quarter. International Bancshares had a return on equity of 15.62% and a net margin of 38.65%.

International Bancshares Company Profile

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services in Texas and the State of Oklahoma. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans.