Jane Street Group LLC Lowers Stock Holdings in International Bancshares Co. (NASDAQ:IBOC)

Jane Street Group LLC reduced its position in International Bancshares Co. (NASDAQ:IBOC - Free Report) by 57.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,517 shares of the bank's stock after selling 40,538 shares during the period. Jane Street Group LLC's holdings in International Bancshares were worth $1,927,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IBOC. American Century Companies Inc. raised its position in shares of International Bancshares by 57.0% during the 4th quarter. American Century Companies Inc. now owns 1,753,478 shares of the bank's stock valued at $110,750,000 after buying an additional 636,533 shares in the last quarter. Norges Bank purchased a new stake in International Bancshares during the fourth quarter valued at approximately $39,913,000. First Trust Advisors LP raised its position in International Bancshares by 21.3% during the fourth quarter. First Trust Advisors LP now owns 1,450,040 shares of the bank's stock valued at $91,585,000 after purchasing an additional 255,070 shares during the period. Boston Trust Walden Corp lifted its stake in shares of International Bancshares by 11.4% in the 4th quarter. Boston Trust Walden Corp now owns 1,412,533 shares of the bank's stock valued at $89,216,000 after purchasing an additional 144,684 shares during the last quarter. Finally, Denali Advisors LLC boosted its holdings in shares of International Bancshares by 2,051.6% in the 4th quarter. Denali Advisors LLC now owns 101,016 shares of the bank's stock worth $6,380,000 after purchasing an additional 96,321 shares during the period. 65.91% of the stock is owned by institutional investors.

International Bancshares Trading Down 0.4%

Shares of NASDAQ IBOC traded down $0.23 during trading hours on Thursday, hitting $63.18. 57,686 shares of the company traded hands, compared to its average volume of 255,044. The company's 50 day moving average price is $61.60 and its 200 day moving average price is $65.03. International Bancshares Co. has a 12 month low of $53.33 and a 12 month high of $76.91. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 9.84 and a beta of 0.83. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.04.

International Bancshares (NASDAQ:IBOC - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The bank reported $1.56 earnings per share for the quarter. International Bancshares had a net margin of 38.65% and a return on equity of 15.62%. The business had revenue of $198.22 million for the quarter.

About International Bancshares

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.