Itaú Unibanco Holding S.A. (NYSE:ITUB) Holdings Lifted by Boston Common Asset Management LLC

Boston Common Asset Management LLC raised its stake in Itaú Unibanco Holding S.A. (NYSE:ITUB - Free Report) by 15.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,612,969 shares of the bank's stock after purchasing an additional 211,701 shares during the period. Boston Common Asset Management LLC's holdings in Itaú Unibanco were worth $8,871,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. bought a new stake in shares of Itaú Unibanco in the 4th quarter worth about $35,000. Mount Yale Investment Advisors LLC bought a new stake in shares of Itaú Unibanco during the 4th quarter valued at about $57,000. Signaturefd LLC grew its position in shares of Itaú Unibanco by 4,000.3% during the 4th quarter. Signaturefd LLC now owns 12,260 shares of the bank's stock valued at $61,000 after buying an additional 11,961 shares during the last quarter. Waverly Advisors LLC bought a new stake in shares of Itaú Unibanco during the 4th quarter valued at about $67,000. Finally, Sagespring Wealth Partners LLC bought a new stake in shares of Itaú Unibanco during the 4th quarter valued at about $67,000.

Itaú Unibanco Stock Performance

Shares of NYSE:ITUB traded down $0.06 during trading on Monday, reaching $6.54. 17,772,633 shares of the company's stock traded hands, compared to its average volume of 28,699,588. Itaú Unibanco Holding S.A. has a 12 month low of $4.42 and a 12 month high of $6.85. The stock has a market capitalization of $70.45 billion, a P/E ratio of 8.38, a price-to-earnings-growth ratio of 0.89 and a beta of 0.76. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.34 and a quick ratio of 1.75. The company has a 50 day moving average of $6.04 and a 200-day moving average of $5.40.

Itaú Unibanco (NYSE:ITUB - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The bank reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.02. Itaú Unibanco had a return on equity of 19.46% and a net margin of 12.25%. The business had revenue of $7.93 billion during the quarter, compared to analyst estimates of $43.07 billion. On average, equities analysts expect that Itaú Unibanco Holding S.A. will post 0.8 EPS for the current year.

Itaú Unibanco Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 4th will be given a $0.0024 dividend. This represents a yield of 0.44%. The ex-dividend date is Tuesday, June 3rd. Itaú Unibanco's dividend payout ratio (DPR) is 2.82%.

Itaú Unibanco Profile

Itaú Unibanco Holding SA offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services.