Wambolt & Associates LLC purchased a new stake in Itaú Unibanco Holding S.A. (NYSE:ITUB) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 15,534 shares of the bank’s stock, valued at approximately $74,000.

Several other institutional investors have also recently bought and sold shares of ITUB. Veriti Management LLC purchased a new position in shares of Itaú Unibanco during the 4th quarter worth approximately $33,000. Capital Asset Advisory Services LLC acquired a new stake in Itaú Unibanco during the 4th quarter worth approximately $34,000. Park National Corp OH acquired a new stake in Itaú Unibanco during the 1st quarter worth approximately $53,000. Fairhaven Wealth Management LLC acquired a new stake in Itaú Unibanco during the 4th quarter worth approximately $67,000. Finally, WealthStone Inc. acquired a new stake in shares of Itaú Unibanco in the 4th quarter valued at $71,000. 4.54% of the stock is owned by institutional investors and hedge funds.

Separately, Grupo Santander lowered shares of Itaú Unibanco from a “buy” rating to a “hold” rating in a report on Thursday, February 4th.

Shares of ITUB opened at $4.90 on Wednesday. Itaú Unibanco Holding S.A. has a twelve month low of $3.48 and a twelve month high of $6.36. The firm’s fifty day simple moving average is $4.83 and its 200-day simple moving average is $5.17. The firm has a market capitalization of $47.74 billion, a price-to-earnings ratio of 10.65 and a beta of 0.94. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 2.08.

Itaú Unibanco (NYSE:ITUB) last announced its quarterly earnings data on Monday, February 1st. The bank reported $0.17 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.06. Itaú Unibanco had a net margin of 10.91% and a return on equity of 13.88%. The business had revenue of $6.85 billion for the quarter, compared to analyst estimates of $5.34 billion. On average, analysts predict that Itaú Unibanco Holding S.A. will post 0.35 earnings per share for the current fiscal year.

The business also recently declared a monthly dividend, which will be paid on Friday, June 11th. Investors of record on Tuesday, May 4th will be paid a dividend of $0.0026 per share. This is a positive change from Itaú Unibanco’s previous monthly dividend of $0.00. This represents a $0.03 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend is Monday, May 3rd. Itaú Unibanco’s dividend payout ratio (DPR) is currently 4.23%.

Itaú Unibanco Profile

Itaú Unibanco Holding SA provides a range of financial products and services in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers various deposit products, as well as loans and credit cards; investment banking services; real estate lending services; financing and investment services; and leasing and foreign exchange services.

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Institutional Ownership by Quarter for Itaú Unibanco (NYSE:ITUB)

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