Occudo Quantitative Strategies LP acquired a new position in shares of International Bancshares Co. (NASDAQ:IBOC - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,796 shares of the bank's stock, valued at approximately $366,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Hancock Whitney Corp grew its stake in International Bancshares by 1.5% during the fourth quarter. Hancock Whitney Corp now owns 19,293 shares of the bank's stock worth $1,219,000 after purchasing an additional 281 shares during the period. Janus Henderson Group PLC grew its holdings in International Bancshares by 0.7% in the fourth quarter. Janus Henderson Group PLC now owns 54,245 shares of the bank's stock worth $3,428,000 after purchasing an additional 388 shares during the period. Xponance Inc. raised its holdings in shares of International Bancshares by 5.5% during the fourth quarter. Xponance Inc. now owns 7,635 shares of the bank's stock valued at $482,000 after purchasing an additional 401 shares during the period. Monument Capital Management boosted its position in shares of International Bancshares by 12.1% during the 4th quarter. Monument Capital Management now owns 3,955 shares of the bank's stock worth $250,000 after purchasing an additional 427 shares in the last quarter. Finally, Edgestream Partners L.P. increased its position in International Bancshares by 2.6% in the 4th quarter. Edgestream Partners L.P. now owns 18,746 shares of the bank's stock valued at $1,184,000 after buying an additional 469 shares in the last quarter. Institutional investors and hedge funds own 65.91% of the company's stock.
International Bancshares Stock Down 1.5%
NASDAQ:IBOC traded down $0.96 on Wednesday, hitting $64.23. The stock had a trading volume of 29,283 shares, compared to its average volume of 254,886. The company has a market cap of $3.99 billion, a PE ratio of 9.99 and a beta of 0.83. International Bancshares Co. has a 52 week low of $53.33 and a 52 week high of $76.91. The business's fifty day moving average is $61.52 and its 200 day moving average is $65.04. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.04.
International Bancshares (NASDAQ:IBOC - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The bank reported $1.56 EPS 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 during the quarter.
International Bancshares Company Profile
(
Free Report)
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.
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