Susquehanna International Group LLP Buys 74,935 Shares of International Bancshares Co. (NASDAQ:IBOC)

Susquehanna International Group LLP boosted its stake in shares of International Bancshares Co. (NASDAQ:IBOC - Free Report) by 454.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 91,423 shares of the bank's stock after acquiring an additional 74,935 shares during the quarter. Susquehanna International Group LLP owned 0.15% of International Bancshares worth $5,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. American Century Companies Inc. boosted its holdings in International Bancshares by 57.0% in the fourth quarter. American Century Companies Inc. now owns 1,753,478 shares of the bank's stock valued at $110,750,000 after acquiring an additional 636,533 shares in the last quarter. Norges Bank bought a new position in shares of International Bancshares during the fourth quarter valued at approximately $39,913,000. First Trust Advisors LP lifted its holdings in shares of 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 last quarter. Boston Trust Walden Corp increased its position 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 valued at $89,216,000 after buying an additional 144,684 shares in the last quarter. Finally, Denali Advisors LLC raised its stake in International Bancshares by 2,051.6% during the fourth quarter. Denali Advisors LLC now owns 101,016 shares of the bank's stock valued at $6,380,000 after buying an additional 96,321 shares during the last quarter. 65.91% of the stock is currently owned by institutional investors.

International Bancshares Stock Up 0.4 %

Shares of IBOC traded up $0.23 during trading hours on Thursday, hitting $62.43. The company had a trading volume of 16,554 shares, compared to its average volume of 254,404. The firm has a fifty day moving average price of $61.12 and a 200-day moving average price of $64.84. International Bancshares Co. has a 52-week low of $53.33 and a 52-week high of $76.91. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market capitalization of $3.88 billion, a price-to-earnings ratio of 9.71 and a beta of 0.83.

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

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.