Institutional Investors Love International Bancshares Corp (NASDAQ:IBOC)

April 16, 2018 - By Winifred Garcia

Sentiment for International Bancshares Corp (NASDAQ:IBOC)

International Bancshares Corp (NASDAQ:IBOC) institutional sentiment increased to 1.23 in 2017 Q4. Its up 0.58, from 0.65 in 2017Q3. The ratio is more positive, as 74 active investment managers increased and started new stock positions, while 60 reduced and sold their positions in International Bancshares Corp. The active investment managers in our partner’s database now have: 36.49 million shares, down from 36.64 million shares in 2017Q3. Also, the number of active investment managers holding International Bancshares Corp in their top 10 stock positions decreased from 2 to 1 for a decrease of 1. Sold All: 10 Reduced: 50 Increased: 54 New Position: 20.

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services. The company has market cap of $2.65 billion. It accepts checking and saving deposits, as well as demand and time deposits from individuals, partnerships, firms, and public entities; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. It has a 17 P/E ratio. The firm also provides international banking services, including letters of credit, commercial and industrial loans, and currency exchange.

The stock increased 1.33% or $0.53 during the last trading session, reaching $40.12. About 56,810 shares traded. International Bancshares Corporation (NASDAQ:IBOC) has risen 11.72% since April 16, 2017 and is uptrending. It has outperformed by 0.17% the S&P500.

Sol Capital Management Co holds 3.72% of its portfolio in International Bancshares Corporation for 328,025 shares. Polaris Capital Management Llc owns 1.02 million shares or 1.9% of their US portfolio. Moreover, Piermont Capital Management Inc. has 0.87% invested in the company for 67,090 shares. The Minnesota-based Foundry Partners Llc has invested 0.64% in the stock. Hancock Holding Co, a Mississippi-based fund reported 282,910 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $1.02 million activity.

International Bancshares Corporation (NASDAQ:IBOC) Institutional Positions Chart

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