International Bancshares Co. (NASDAQ:IBOC) Shares Purchased by Mackenzie Financial Corp

Mackenzie Financial Corp boosted its holdings in International Bancshares Co. (NASDAQ:IBOC - Free Report) by 231.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,747 shares of the bank's stock after purchasing an additional 8,899 shares during the period. Mackenzie Financial Corp's holdings in International Bancshares were worth $805,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IBOC. Vanguard Group Inc. lifted its holdings in International Bancshares by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 6,407,121 shares of the bank's stock worth $404,674,000 after buying an additional 18,408 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in International Bancshares by 4.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,078,168 shares of the bank's stock worth $131,257,000 after buying an additional 81,386 shares during the last quarter. American Century Companies Inc. lifted its holdings in International Bancshares by 57.0% during the 4th quarter. American Century Companies Inc. now owns 1,753,478 shares of the bank's stock worth $110,750,000 after buying an additional 636,533 shares during the last quarter. First Trust Advisors LP lifted its holdings in International Bancshares by 21.3% during the 4th quarter. First Trust Advisors LP now owns 1,450,040 shares of the bank's stock worth $91,585,000 after buying an additional 255,070 shares during the last quarter. Finally, Boston Trust Walden Corp lifted its holdings in International Bancshares by 11.4% during the 4th quarter. Boston Trust Walden Corp now owns 1,412,533 shares of the bank's stock worth $89,216,000 after buying an additional 144,684 shares during the last quarter. Hedge funds and other institutional investors own 65.91% of the company's stock.

International Bancshares Stock Performance

NASDAQ:IBOC traded down $0.23 during trading hours on Thursday, reaching $62.89. 133,962 shares of the stock were exchanged, compared to its average volume of 254,704. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.04. The firm has a 50 day simple moving average of $61.50 and a 200-day simple moving average of $64.51. International Bancshares Co. has a 52 week low of $53.33 and a 52 week high of $76.91. The stock has a market capitalization of $3.91 billion, a P/E ratio of 9.78 and a beta of 0.83.

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

International Bancshares 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.