Itau Unibanco Banco Holding SA (ITUB) Position Maintained by United Services Automobile Association

United Services Automobile Association held its stake in shares of Itau Unibanco Banco Holding SA (NYSE:ITUB) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,018 shares of the bank’s stock at the end of the first quarter. United Services Automobile Association’s holdings in Itau Unibanco Banco Holding SA were worth $314,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Comerica Bank boosted its stake in Itau Unibanco Banco Holding SA by 22.1% in the fourth quarter. Comerica Bank now owns 215,365 shares of the bank’s stock worth $2,416,000 after buying an additional 39,021 shares during the period. State Street Corp boosted its stake in Itau Unibanco Banco Holding SA by 9.7% in the fourth quarter. State Street Corp now owns 9,398,970 shares of the bank’s stock worth $96,625,000 after buying an additional 830,125 shares during the period. Federated Investors Inc. PA boosted its stake in Itau Unibanco Banco Holding SA by 54.6% in the fourth quarter. Federated Investors Inc. PA now owns 26,704 shares of the bank’s stock worth $275,000 after buying an additional 9,427 shares during the period. Asset Management One Co. Ltd. boosted its stake in Itau Unibanco Banco Holding SA by 92.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 211,386 shares of the bank’s stock worth $2,174,000 after buying an additional 101,645 shares during the period. Finally, Renaissance Technologies LLC purchased a new stake in Itau Unibanco Banco Holding SA during the fourth quarter worth $3,668,000. 5.42% of the stock is currently owned by institutional investors.

Itau Unibanco Banco Holding SA (NYSE ITUB) traded up 0.77% during trading on Friday, reaching $11.78. 14,112,330 shares of the company’s stock traded hands. The firm’s 50 day moving average is $11.21 and its 200-day moving average is $11.87. The company has a market capitalization of $76.86 billion, a price-to-earnings ratio of 10.26 and a beta of 1.61. Itau Unibanco Banco Holding SA has a 12 month low of $9.10 and a 12 month high of $13.65.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 11th. Investors of record on Thursday, August 3rd will be paid a $0.0047 dividend. This represents a $0.06 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend is Tuesday, August 1st. Itau Unibanco Banco Holding SA’s dividend payout ratio (DPR) is presently 4.66%.

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Several research firms have commented on ITUB. Zacks Investment Research cut shares of Itau Unibanco Banco Holding SA from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. J P Morgan Chase & Co cut shares of Itau Unibanco Banco Holding SA from an “overweight” rating to a “neutral” rating and set a $12.50 target price on the stock. in a research note on Wednesday, July 12th. Scotiabank raised shares of Itau Unibanco Banco Holding SA from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 11th. Finally, ValuEngine raised shares of Itau Unibanco Banco Holding SA from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 19th.

Itau Unibanco Banco Holding SA Company Profile

Itau Unibanco Holding SA is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil and abroad. The Company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. The Retail Banking segment offers banking products and services to a diversified client base of account holders and non-account holders, individuals and companies.

Institutional Ownership by Quarter for Itau Unibanco Banco Holding SA (NYSE:ITUB)

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