Media headlines about Itau Unibanco Banco Holding SA (NYSE:ITUB) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Itau Unibanco Banco Holding SA earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 46.9680918047267 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

ITUB has been the topic of a number of research analyst reports. J P Morgan Chase & Co cut Itau Unibanco Banco Holding SA from an “overweight” rating to a “neutral” rating and set a $12.50 price target on the stock. in a research note on Wednesday, July 12th. Citigroup Inc. cut Itau Unibanco Banco Holding SA from a “buy” rating to a “neutral” rating in a research note on Friday, August 25th. Finally, ValuEngine upgraded Itau Unibanco Banco Holding SA from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st.

Shares of Itau Unibanco Banco Holding SA (ITUB) opened at 14.13 on Monday. The company has a 50-day moving average price of $13.68 and a 200-day moving average price of $12.22. Itau Unibanco Banco Holding SA has a 1-year low of $9.10 and a 1-year high of $14.59. The company has a market cap of $91.83 billion, a PE ratio of 12.34 and a beta of 1.63.

Itau Unibanco Banco Holding SA announced that its Board of Directors has initiated a stock buyback plan on Thursday, August 31st that permits the company to repurchase 60,000,000 outstanding shares. This repurchase authorization permits the bank to purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

The company also recently announced a monthly dividend, which will be paid on Monday, November 13th. Shareholders of record on Tuesday, October 3rd will be paid a $0.0048 dividend. The ex-dividend date is Monday, October 2nd. This is a positive change from Itau Unibanco Banco Holding SA’s previous monthly dividend of $0.00. This represents a $0.06 annualized dividend and a dividend yield of 0.41%. Itau Unibanco Banco Holding SA’s payout ratio is presently 5.36%.

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Itau Unibanco Banco Holding SA Company Profile

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.

Insider Buying and Selling by Quarter for Itau Unibanco Banco Holding SA (NYSE:ITUB)

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