2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. lowered its position in International Bancshares Co. ( NASDAQ:IBOC – Free Report ) by 8.
5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 41,369 shares of the bank’s stock after selling 3,843 shares during the quarter. Russell Investments Group Ltd.
’s holdings in International Bancshares were worth $2,613,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also recently bought and sold shares of IBOC. Vanguard Group Inc.
grew its stake in shares of International Bancshares by 0.3% in the 4th quarter. Vanguard Group Inc.
now owns 6,407,121 shares of the bank’s stock valued at $404,674,000 after buying an additional 18,408 shares during the period. Charles Schwab Investment Management Inc. grew its position in International Bancshares by 4.
1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,078,168 shares of the bank’s stock worth $131,257,000 after acquiring an additional 81,386 shares during the period.
American Century Companies Inc. increased its stake in International Bancshares by 57.0% during the fourth quarter.
American Century Companies Inc. now owns 1,753,478 shares of the bank’s stock worth $110,750,000 after acquiring an additional 636,533 shares during the last quarter. Boston Trust Walden Corp raised its position in International Bancshares by 11.
4% in the fourth quarter. Boston Trust Walden Corp now owns 1,412,533 shares of the bank’s stock valued at $89,216,000 after purchasing an additional 144,684 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of International Bancshares by 0.
7% in the 3rd quarter. Geode Capital Management LLC now owns 1,352,406 shares of the bank’s stock valued at $80,874,000 after purchasing an additional 9,986 shares during the last quarter. 65.
91% of the stock is currently owned by institutional investors and hedge funds. International Bancshares Stock Up 0.5 % Shares of NASDAQ:IBOC opened at $59.
07 on Friday. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of 9.
19 and a beta of 0.80. International Bancshares Co.
has a 12-month low of $52.20 and a 12-month high of $76.91.
The business has a 50-day moving average price of $62.32 and a 200 day moving average price of $64.80.
The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.
04. International Bancshares Increases Dividend The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.
70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.
74%. This is a boost from International Bancshares’s previous quarterly dividend of $0.27.
The ex-dividend date was Friday, February 14th. International Bancshares’s dividend payout ratio is 21.31%.
About International Bancshares ( 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. See Also Want to see what other hedge funds are holding IBOC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for International Bancshares Co. ( NASDAQ:IBOC – Free Report ). Receive News & Ratings for International Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Bancshares and related companies with MarketBeat.
com's FREE daily email newsletter ..
