Commonwealth Equity Services Inc lessened its stake in International Bancshares Corporation (NASDAQ:IBOC) by 14.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 81,363 shares of the bank’s stock after selling 13,274 shares during the period. Commonwealth Equity Services Inc owned about 0.12% of International Bancshares Corporation worth $3,262,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its holdings in International Bancshares Corporation by 3.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,489,486 shares of the bank’s stock valued at $157,358,000 after purchasing an additional 131,467 shares during the last quarter. State Street Corp grew its stake in shares of International Bancshares Corporation by 2.1% in the second quarter. State Street Corp now owns 2,216,366 shares of the bank’s stock worth $77,684,000 after acquiring an additional 45,743 shares in the last quarter. Northern Trust Corp grew its stake in shares of International Bancshares Corporation by 1.3% in the second quarter. Northern Trust Corp now owns 1,953,897 shares of the bank’s stock worth $68,484,000 after acquiring an additional 25,918 shares in the last quarter. Prudential Financial Inc. grew its stake in shares of International Bancshares Corporation by 11.9% in the third quarter. Prudential Financial Inc. now owns 909,644 shares of the bank’s stock worth $36,476,000 after acquiring an additional 96,750 shares in the last quarter. Finally, Polaris Capital Management LLC grew its stake in shares of International Bancshares Corporation by 1.6% in the second quarter. Polaris Capital Management LLC now owns 849,405 shares of the bank’s stock worth $29,772,000 after acquiring an additional 13,600 shares in the last quarter. Hedge funds and other institutional investors own 55.48% of the company’s stock.

In other International Bancshares Corporation news, VP R David Guerra sold 2,500 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $36.67, for a total transaction of $91,675.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 17.93% of the company’s stock.

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International Bancshares Corporation (NASDAQ:IBOC) remained flat at $$38.85 during trading on Tuesday. The company’s stock had a trading volume of 363,700 shares, compared to its average volume of 189,673. International Bancshares Corporation has a 12-month low of $32.50 and a 12-month high of $42.35. The firm has a market capitalization of $2,567.00, a PE ratio of 17.58 and a beta of 1.52. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.72 and a current ratio of 0.72.

International Bancshares Corporation (NASDAQ:IBOC) last announced its earnings results on Wednesday, November 8th. The bank reported $0.59 EPS for the quarter. International Bancshares Corporation had a net margin of 26.36% and a return on equity of 8.34%.

About International Bancshares Corporation

International Bancshares Corporation is a financial holding company. The Company, through its subsidiaries, is primarily engaged in the business of banking, including the acceptance of checking and savings deposits, and the making of commercial, real estate, personal, home improvement, automobile, and other installment and term loans.

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Institutional Ownership by Quarter for International Bancshares Corporation (NASDAQ:IBOC)

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