Crossmark Global Holdings Inc. Buys 51,447 Shares of Itau Unibanco Holding S.A. (NYSE:ITUB)

Crossmark Global Holdings Inc. lifted its holdings in Itau Unibanco Holding S.A. (NYSE:ITUB - Free Report) by 10.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 539,314 shares of the bank's stock after acquiring an additional 51,447 shares during the period. Crossmark Global Holdings Inc.'s holdings in Itau Unibanco were worth $2,966,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Bessemer Group Inc. acquired a new stake in shares of Itau Unibanco in the 4th quarter valued at approximately $35,000. Parallel Advisors LLC boosted its stake in shares of Itau Unibanco by 707.1% in the 1st quarter. Parallel Advisors LLC now owns 7,740 shares of the bank's stock valued at $43,000 after purchasing an additional 6,781 shares in the last quarter. Alta Capital Management LLC acquired a new stake in shares of Itau Unibanco in the 1st quarter valued at approximately $62,000. Tuttle Capital Management LLC acquired a new stake in shares of Itau Unibanco in the 1st quarter valued at approximately $67,000. Finally, Signaturefd LLC boosted its stake in shares of Itau Unibanco by 4,000.3% in the 4th quarter. Signaturefd LLC now owns 12,260 shares of the bank's stock valued at $61,000 after purchasing an additional 11,961 shares in the last quarter.

Itau Unibanco Stock Down 0.3%

Itau Unibanco stock opened at $6.82 on Wednesday. The company has a debt-to-equity ratio of 2.43, a quick ratio of 1.74 and a current ratio of 1.74. Itau Unibanco Holding S.A. has a 52-week low of $4.42 and a 52-week high of $6.95. The firm has a 50 day moving average price of $6.60 and a two-hundred day moving average price of $5.71. The firm has a market cap of $73.53 billion, a price-to-earnings ratio of 9.64, a PEG ratio of 1.06 and a beta of 0.76.

Itau Unibanco (NYSE:ITUB - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The bank reported $0.18 EPS for the quarter, topping the consensus estimate of $0.16 by $0.02. The company had revenue of $7.93 billion during the quarter, compared to the consensus estimate of $43.07 billion. Itau Unibanco had a net margin of 11.85% and a return on equity of 19.35%. Equities analysts predict that Itau Unibanco Holding S.A. will post 0.8 EPS for the current year.

Itau Unibanco Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 8th. Investors of record on Thursday, July 3rd will be given a $0.0024 dividend. This represents a yield of 0.43%. The ex-dividend date of this dividend is Wednesday, July 2nd. Itau Unibanco's payout ratio is currently 4.23%.

Itau Unibanco Company 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.

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