OLD National Bancorp IN bought a new position in shares of Itau Unibanco Banco Holding SA (NYSE:ITUB) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,550 shares of the bank’s stock, valued at approximately $150,000.

A number of other large investors have also recently modified their holdings of the stock. First Trust Advisors LP raised its stake in Itau Unibanco Banco Holding SA by 0.8% in the first quarter. First Trust Advisors LP now owns 26,523 shares of the bank’s stock valued at $320,000 after buying an additional 223 shares in the last quarter. YorkBridge Wealth Partners LLC raised its stake in Itau Unibanco Banco Holding SA by 4.5% in the first quarter. YorkBridge Wealth Partners LLC now owns 12,543 shares of the bank’s stock valued at $159,000 after buying an additional 542 shares in the last quarter. Ronald Blue & Co. LLC raised its stake in 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 valued at $142,000 after buying an additional 643 shares in the last quarter. Ngam Advisors L.P. raised its stake in Itau Unibanco Banco Holding SA by 1.0% in the first quarter. Ngam Advisors L.P. now owns 70,509 shares of the bank’s stock valued at $851,000 after buying an additional 696 shares in the last quarter. Finally, Checchi Capital Advisers LLC raised its stake in Itau Unibanco Banco Holding SA by 3.5% in the first quarter. Checchi Capital Advisers LLC now owns 25,701 shares of the bank’s stock valued at $310,000 after buying an additional 860 shares in the last quarter. Hedge funds and other institutional investors own 5.41% of the company’s stock.

Itau Unibanco Banco Holding SA (NYSE ITUB) traded up 2.84% during midday trading on Friday, reaching $12.67. The company’s stock had a trading volume of 8,306,399 shares. The stock’s 50 day moving average is $11.89 and its 200 day moving average is $11.95. Itau Unibanco Banco Holding SA has a 12-month low of $9.10 and a 12-month high of $13.65. The stock has a market cap of $82.34 billion, a P/E ratio of 10.98 and a beta of 1.61.

The business also recently announced a special dividend, which will be paid on Tuesday, September 5th. Shareholders of record on Thursday, August 17th will be paid a $0.1278 dividend. This is an increase from Itau Unibanco Banco Holding SA’s previous special dividend of $0.00. This represents a dividend yield of 0.45%. The ex-dividend date is Tuesday, August 15th. Itau Unibanco Banco Holding SA’s dividend payout ratio (DPR) is 33.04%.

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Several equities research analysts have commented on the company. Zacks Investment Research lowered Itau Unibanco Banco Holding SA from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. J P Morgan Chase & Co lowered Itau Unibanco Banco Holding SA from an “overweight” rating to a “neutral” rating and set a $12.50 price objective on the stock. in a research report on Wednesday, July 12th. Finally, ValuEngine upgraded Itau Unibanco Banco Holding SA from a “buy” rating to a “strong-buy” rating in a research report 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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