Itau Unibanco Banco Holding SA (NYSE:ITUB).
Genesis Asset Managers, Llp reports that it lowered its ownership in Itau Unibanco Banco Holding SA shares by 1,678,479 shares in a 13F filing with the SEC. Its position stood at $100,674,000 a decrease of 22.7% as of the end of the quarter.
Here are a few other firms who have updated their positions. Atria Investments LLC downsized its investment by selling 728 shares a decrease of 3.9% in the quarter. Atria Investments LLC currently owns 18,039 shares with a value of $199,000. The total value of its holdings decreased 12.3%. As of quarter end Capstone Asset Management Co had disposed of 15,444 shares trimming its stake by 3.4%. The value of the company’s investment in Itau Unibanco Banco Holding SA decreased from $5,537,000 to $4,899,000 a change of $638,000 quarter to quarter.
As of the end of the quarter Dnb Asset Management As had sold a total of 500 shares trimming its holdings by 0.9%. The value in dollars went from $645,000 to $585,000 decreasing 9.3% since the last quarter.
October 17 investment analysts at Credit Suisse maintained a company rating of “Neutral” and raised the price target to $42.00 from $30.00. On August 16 JP Morgan made no change to the stock rating of “Overweight” and moved up the price target from $10.00 to $11.00.
On July 20 the stock rating was upgraded from “Sell” to “Neutral” in a report issued by Goldman Sachs. On April 27 the company was set at “Overweight” according to a Barclays report up from the previous “” rating.
On April 8 the company was downgraded to “Sell” from “Neutral” by analysts at Citigroup. On March 29, 2016 the stock rating was rated “Sell” by Goldman Sachs which is down from the previous “Neutral” rating.
The company is now up by 0.09 percent from yesterday’s close. The company also recently declared a dividend payable on Friday the 11th of August 2017. The dividend will be $0.013 per share for the quarter or $0.05 on an annualized basis. The dividend yield will be $0.50. The ex-dividend date will be Thursday June 1st, 2017.
It is trading at $11.34 which is just over the 50 day moving average of $11.10 and a bit lower than the 200 day moving average of $11.68. The 50 day moving average moved up $0.23 and the 200 day average went down $-0.35 or -2.98%.
The P/E ratio is currently 10.44 and market capitalization is 73.92B. As of the latest earnings report the EPS was $1.09 and is estimated to be $1.11 for the current year with 6,524,604,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.27 and the next full year EPS is anticipated to be $1.07.