Itau Unibanco Holding S.A. (NYSE:ITUB) Shares Purchased by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. increased its holdings in Itau Unibanco Holding S.A. (NYSE:ITUB) by 10.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 267,799 shares of the bank’s stock after purchasing an additional 24,345 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Itau Unibanco were worth $1,473,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Bessemer Group Inc. purchased a new stake in shares of Itau Unibanco in the fourth quarter valued at approximately $35,000. Parallel Advisors LLC lifted its holdings in Itau Unibanco by 707.1% during the first quarter. Parallel Advisors LLC now owns 7,740 shares of the bank’s stock valued at $43,000 after purchasing an additional 6,781 shares in the last quarter. Alta Capital Management LLC acquired a new stake in shares of Itau Unibanco in the first quarter valued at about $62,000. Tuttle Capital Management LLC acquired a new stake in shares of Itau Unibanco in the first quarter valued at about $67,000. Finally, Signaturefd LLC increased its stake in shares of Itau Unibanco by 4,000.3% during the fourth quarter. Signaturefd LLC now owns 12,260 shares of the bank’s stock worth $61,000 after purchasing an additional 11,961 shares in the last quarter.

Itau Unibanco Trading Up 2.1%

Shares of Itau Unibanco stock opened at $6.95 on Friday. Itau Unibanco Holding S.A. has a twelve month low of $4.42 and a twelve month high of $6.95. The firm’s 50-day moving average price is $6.58 and its 200 day moving average price is $5.67. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 2.43. The firm has a market capitalization of $74.97 billion, a PE ratio of 9.83, a P/E/G ratio of 1.07 and a beta of 0.76.

Itau Unibanco (NYSE:ITUB) last issued its quarterly earnings results on Thursday, May 8th. The bank reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. Itau Unibanco had a return on equity of 19.35% and a net margin of 11.85%. The firm had revenue of $7.93 billion for the quarter, compared to analyst estimates of $43.07 billion. On average, sell-side analysts predict that Itau Unibanco Holding S.A. will post 0.8 EPS for the current fiscal year.

Itau Unibanco Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 8th. Stockholders of record on Thursday, July 3rd will be given a $0.0024 dividend. This represents a dividend yield of 0.43%. The ex-dividend date is Wednesday, July 2nd. Itau Unibanco’s dividend payout ratio (DPR) is 4.23%.

Itau Unibanco Profile

Itaú Unibanco Holding SA offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services.