International Bancshares Co. (NASDAQ:IBOC) Shares Bought by Boston Trust Walden Corp

Boston Trust Walden Corp raised its holdings in International Bancshares Co. (NASDAQ:IBOC) by 11.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,412,533 shares of the bank’s stock after buying an additional 144,684 shares during the period. Boston Trust Walden Corp’s holdings in International Bancshares were worth $89,216,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in IBOC. CWM LLC raised its stake in International Bancshares by 5,673.7% during the third quarter. CWM LLC now owns 2,194 shares of the bank’s stock worth $131,000 after acquiring an additional 2,156 shares during the period. KBC Group NV lifted its position in International Bancshares by 71.2% in the fourth quarter. KBC Group NV now owns 2,612 shares of the bank’s stock worth $165,000 after purchasing an additional 1,086 shares during the period. Blue Trust Inc. raised its position in International Bancshares by 564.8% in the third quarter. Blue Trust Inc. now owns 3,477 shares of the bank’s stock worth $199,000 after acquiring an additional 2,954 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in International Bancshares during the third quarter valued at approximately $202,000. Finally, Versor Investments LP bought a new stake in shares of International Bancshares during the 3rd quarter worth $222,000. 65.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at International Bancshares

In related news, CEO Dennis E. Nixon sold 34,815 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $72.18, for a total transaction of $2,512,946.70. Following the completion of the sale, the chief executive officer now directly owns 965,185 shares in the company, valued at approximately $69,667,053.30. This trade represents a 3.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 13.93% of the company’s stock.

International Bancshares Stock Down 2.0 %

IBOC stock opened at $65.89 on Monday. The company’s 50 day simple moving average is $67.10 and its 200-day simple moving average is $64.49. The firm has a market capitalization of $4.10 billion, a P/E ratio of 10.25 and a beta of 0.93. International Bancshares Co. has a 52-week low of $48.85 and a 52-week high of $76.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.72 and a quick ratio of 0.72.

International Bancshares (NASDAQ:IBOC) last posted its quarterly earnings results on Thursday, November 7th. The bank reported $1.60 earnings per share (EPS) for the quarter. International Bancshares had a net margin of 38.65% and a return on equity of 15.62%.

International Bancshares Company 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.