Teachers Retirement System of The State of Kentucky Increases Position in International Bancshares Co. (NASDAQ:IBOC)

Teachers Retirement System of The State of Kentucky increased its stake in shares of International Bancshares Co. (NASDAQ:IBOCGet Rating) by 2.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 45,718 shares of the bank’s stock after buying an additional 953 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in International Bancshares were worth $1,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in IBOC. Advisor Group Holdings Inc. grew its holdings in shares of International Bancshares by 22.6% during the fourth quarter. Advisor Group Holdings Inc. now owns 1,788 shares of the bank’s stock valued at $75,000 after buying an additional 330 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of International Bancshares by 42.1% during the fourth quarter. Bank of America Corp DE now owns 92,647 shares of the bank’s stock valued at $3,928,000 after buying an additional 27,428 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of International Bancshares by 60.7% during the fourth quarter. BNP Paribas Arbitrage SA now owns 38,233 shares of the bank’s stock valued at $1,621,000 after buying an additional 14,446 shares during the last quarter. Teacher Retirement System of Texas grew its holdings in shares of International Bancshares by 19.8% during the fourth quarter. Teacher Retirement System of Texas now owns 10,382 shares of the bank’s stock valued at $440,000 after buying an additional 1,714 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of International Bancshares by 82.3% during the fourth quarter. JPMorgan Chase & Co. now owns 248,861 shares of the bank’s stock valued at $10,548,000 after buying an additional 112,345 shares during the last quarter. 79.01% of the stock is owned by hedge funds and other institutional investors.

International Bancshares Price Performance

NASDAQ IBOC opened at $44.52 on Wednesday. The company has a fifty day moving average of $42.81 and a 200 day moving average of $41.73. International Bancshares Co. has a 1 year low of $38.00 and a 1 year high of $46.67. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.77 and a current ratio of 0.77.

International Bancshares Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, August 29th. Investors of record on Tuesday, August 16th were given a dividend of $0.60 per share. The ex-dividend date was Monday, August 15th. This represents a yield of 2.7%.

About International Bancshares

(Get Rating)

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services.

Featured Stories

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:IBOCGet Rating).

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

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.