New York State Teachers Retirement System Sells 3,949 Shares of International Bancshares Corporation (NASDAQ:IBOC)

New York State Teachers Retirement System lowered its position in International Bancshares Corporation (NASDAQ:IBOC - Free Report) by 4.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,243 shares of the bank's stock after selling 3,949 shares during the period. New York State Teachers Retirement System owned 0.15% of International Bancshares worth $5,754,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its holdings in International Bancshares by 4.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,078,168 shares of the bank's stock valued at $131,257,000 after purchasing an additional 81,386 shares during the period. Edgestream Partners L.P. lifted its holdings in International Bancshares by 2.6% during the 4th quarter. Edgestream Partners L.P. now owns 18,746 shares of the bank's stock worth $1,184,000 after purchasing an additional 469 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of International Bancshares by 19.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,656 shares of the bank's stock worth $989,000 after buying an additional 2,501 shares in the last quarter. Swiss National Bank boosted its position in International Bancshares by 0.7% during the fourth quarter. Swiss National Bank now owns 110,100 shares of the bank's stock valued at $6,954,000 after acquiring an additional 800 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in International Bancshares by 16.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 38,822 shares of the bank's stock valued at $2,452,000 after purchasing an additional 5,470 shares in the last quarter. 65.91% of the stock is owned by institutional investors.

International Bancshares Stock Down 1.8%

Shares of International Bancshares stock traded down $1.31 during trading hours on Monday, reaching $69.90. The company's stock had a trading volume of 296,135 shares, compared to its average volume of 254,344. The company has a market capitalization of $4.34 billion, a P/E ratio of 10.64 and a beta of 0.82. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.73 and a current ratio of 0.73. The stock's fifty day simple moving average is $64.43 and its two-hundred day simple moving average is $63.68. International Bancshares Corporation has a one year low of $54.11 and a one year high of $76.91.

International Bancshares (NASDAQ:IBOC - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The bank reported $1.56 EPS for the quarter. International Bancshares had a net margin of 39.30% and a return on equity of 14.84%. The company had revenue of $198.22 million during 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.