Itau Unibanco Holding SA (NYSE:ITUB)

Itau Unibanco Holding S.A. has a 52-week low of $4.98 and a 52-week high of $12.19. Capital World Investors now owns 41,357,500 shares of the bank's stock valued at $457,000,000 after purchasing an additional 435,500 shares in the last quarter. If you are reading this news story on another site, it was illegally stolen and reposted in violation of US and global trademark & copyright legislation.

Itau Unibanco Holding S.A. (NYSE:ITUB) touched its 1-Year High price of $14.59 on 10/05/17 and its 1-Year Low price of $ 9.10 on 12/19/16. Fred Alger Management Inc. increased its position in Itau Unibanco Banco Holding SA by 13.5% during the second quarter.

Currently, the stock carries a price to earnings ratio of 11.08, a price to book ratio of 2.04, and a price to sales ratio of 1.66.

Another recent and important Itau Unibanco Holding SA (ADR) (NYSE:ITUB) news was published by Schaeffersresearch.com which published an article titled: "Petroleo Brasileiro SA Petrobras, Itau Unibanco, GlycoMimetics Stocks Moving Today" on May 18, 2017.

Price to Sale ratio of the company stands at 2.01 while Price to Book Ratio stands at 2.04. The legal version of this news story can be accessed at https://stocknewstimes.com/2017/11/12/cubist-systematic-strategies-llc-reduces-stake-in-itau-unibanco-banco-holding-sa-itub.html. Thomas White International Ltd controls 748,155 shares worth $10,250,000. Comerica Securities Inc. acquired a new stake in shares of Itau Unibanco Banco Holding SA during the 2nd quarter worth about $117,000. PNC Financial Services Group Inc. now owns 55,730 shares of the company's stock worth $609,000 after buying an additional 38,261 shares in the last quarter. The company's institutional ownership is monitored at 32.1 percent.

Prince Street Capital Management Llc, which manages about $1.36B and $615.69M US Long portfolio, decreased its stake in Himax Technologies Inc (NASDAQ:HIMX) by 294,500 shares to 2.35 million shares, valued at $19.27M in 2017Q2, according to the filing. Revenue, on the other hand, scored 0.01% growth from the previous quarter, coming up with $8.46 billion.

The company also recently disclosed a special dividend, which will be paid on Monday, February 13th. The ex-dividend date is Wednesday, November 1st. Itau Unibanco Banco Holding SA's payout ratio is 5.22%. The stock of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) has "Sell" rating given on Tuesday, March 29 by Goldman Sachs. This represents a $0.06 dividend on an annualized basis and a yield of 0.45%.

Itau Unibanco Banco Holding SA announced that its Board of Directors has approved a share buyback plan on Thursday, August 31st that allows the company to repurchase 60,000,000 outstanding shares. Finally, JPMorgan Chase & Co. boosted its position in shares of Itau Unibanco Banco Holding SA by 1.9% during the third quarter. The firm has "Underperform" rating given on Tuesday, March 15 by Scotia Capital. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company's stock. Finally, Zacks Investment Research downgraded shares of Itau Unibanco Banco Holding SA from a "hold" rating to a "sell" rating in a research note on Tuesday, November 7th. They see Barclays PLC (BCS) price hitting a mean target of $9.41 a share, meaning the stock still has potential that could lift the price another 0.53% Also, the recent close suggests the stock is underpriced by 47.76% compared to the most bullish target. It has a market cap of $79.32 Billion. The Retail Banking segment offers banking products and services to a diversified client base of account holders and non-account holders, individuals and companies.