Alliancebernstein L.P. decreased its stake in shares of Itau Unibanco Banco Holding SA (NYSE:ITUB) by 0.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 242,828 shares of the bank’s stock after selling 22 shares during the period. Alliancebernstein L.P.’s holdings in Itau Unibanco Banco Holding SA were worth $2,931,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. Neuberger Berman Group LLC increased its position in Itau Unibanco Banco Holding SA by 1.0% in the first quarter. Neuberger Berman Group LLC now owns 168,099 shares of the bank’s stock worth $2,029,000 after buying an additional 1,729 shares during the period. William Blair Investment Management LLC increased its position in Itau Unibanco Banco Holding SA by 154.7% in the first quarter. William Blair Investment Management LLC now owns 39,456 shares of the bank’s stock worth $476,000 after buying an additional 23,967 shares during the period. SG Americas Securities LLC increased its position in Itau Unibanco Banco Holding SA by 175.5% in the first quarter. SG Americas Securities LLC now owns 768,947 shares of the bank’s stock worth $9,281,000 after buying an additional 489,862 shares during the period. Stifel Financial Corp increased its position in shares of Itau Unibanco Banco Holding SA by 18.2% in the first quarter. Stifel Financial Corp now owns 178,320 shares of the bank’s stock worth $2,150,000 after buying an additional 27,476 shares during the last quarter. Finally, Ronald Blue & Co. LLC increased its position in shares of Itau Unibanco Banco Holding SA by 5.8% in the first quarter. Ronald Blue & Co. LLC now owns 11,747 shares of the bank’s stock worth $142,000 after buying an additional 643 shares during the last quarter. Institutional investors own 5.41% of the company’s stock.

Itau Unibanco Banco Holding SA (NYSE ITUB) traded down 0.48% during midday trading on Friday, hitting $12.36. The stock had a trading volume of 5,471,468 shares. Itau Unibanco Banco Holding SA has a 52 week low of $9.10 and a 52 week high of $13.65. The stock’s 50 day moving average price is $11.29 and its 200-day moving average price is $11.89. The company has a market cap of $80.32 billion, a PE ratio of 10.59 and a beta of 1.61.

The company also recently disclosed a special dividend, which will be paid on Tuesday, September 5th. Shareholders of record on Thursday, August 17th will be paid a dividend of $0.1278 per share. This represents a yield of 0.45%. This is a boost from Itau Unibanco Banco Holding SA’s previous special dividend of $0.00. The ex-dividend date is Tuesday, August 15th. Itau Unibanco Banco Holding SA’s dividend payout ratio is currently 5.36%.

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

About Itau Unibanco Banco Holding SA

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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