Itau Unibanco Holding S.A. (NYSE:ITUB) is Constellation Investimentos e Participacoes Ltda's 4th Largest Position

Constellation Investimentos e Participacoes Ltda decreased its holdings in Itau Unibanco Holding S.A. (NYSE:ITUB - Free Report) by 84.2% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 400,590 shares of the bank's stock after selling 2,139,610 shares during the period. Itau Unibanco makes up about 6.1% of Constellation Investimentos e Participacoes Ltda's holdings, making the stock its 4th biggest holding. Constellation Investimentos e Participacoes Ltda's holdings in Itau Unibanco were worth $2,203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ITUB. Franklin Resources Inc. increased its stake in Itau Unibanco by 1.8% in the 4th quarter. Franklin Resources Inc. now owns 28,389,460 shares of the bank's stock worth $140,812,000 after purchasing an additional 489,873 shares during the period. Walleye Capital LLC grew its holdings in shares of Itau Unibanco by 5,310.8% in the fourth quarter. Walleye Capital LLC now owns 783,968 shares of the bank's stock worth $3,888,000 after purchasing an additional 769,479 shares during the last quarter. Blueshift Asset Management LLC increased its stake in shares of Itau Unibanco by 198.4% in the fourth quarter. Blueshift Asset Management LLC now owns 125,310 shares of the bank's stock worth $622,000 after buying an additional 83,320 shares during the period. Amundi raised its holdings in Itau Unibanco by 5.3% during the 4th quarter. Amundi now owns 1,469,409 shares of the bank's stock valued at $7,494,000 after buying an additional 73,922 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Itau Unibanco by 145.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 189,329 shares of the bank's stock valued at $939,000 after buying an additional 112,096 shares during the last quarter.

Itau Unibanco Trading Down 0.7%

ITUB traded down $0.05 during trading on Friday, hitting $6.63. 17,549,784 shares of the stock traded hands, compared to its average volume of 25,763,249. The firm has a 50-day moving average of $6.36 and a 200 day moving average of $5.53. Itau Unibanco Holding S.A. has a 12-month low of $4.42 and a 12-month high of $6.85. The firm has a market capitalization of $71.52 billion, a P/E ratio of 9.38, a price-to-earnings-growth ratio of 1.04 and a beta of 0.77. The company has a debt-to-equity ratio of 2.43, a current ratio of 1.74 and a quick ratio of 1.74.

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

Itau Unibanco Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, September 8th. Stockholders of record on Thursday, June 12th will be given a $0.0454 dividend. This is a positive change from Itau Unibanco's previous dividend of $0.00. This represents a dividend yield of 6.22%. The ex-dividend date of this dividend is Wednesday, June 11th. Itau Unibanco's dividend payout ratio (DPR) is currently 2.82%.

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.