Itaú Unibanco Holding S.A. (NYSE:ITUB) Shares Bought by Wexford Capital LP

Wexford Capital LP grew its holdings in shares of Itaú Unibanco Holding S.A. (NYSE:ITUB - Free Report) by 24.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 403,625 shares of the bank's stock after purchasing an additional 80,000 shares during the quarter. Wexford Capital LP's holdings in Itaú Unibanco were worth $2,002,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ITUB. Bessemer Group Inc. bought a new position in Itaú Unibanco in the 4th quarter worth about $35,000. Mount Yale Investment Advisors LLC bought a new position in shares of Itaú Unibanco in the fourth quarter worth approximately $57,000. Signaturefd LLC lifted its position in Itaú Unibanco by 4,000.3% in the 4th quarter. Signaturefd LLC now owns 12,260 shares of the bank's stock worth $61,000 after buying an additional 11,961 shares during the last quarter. Sagespring Wealth Partners LLC purchased a new stake in shares of Itaú Unibanco in the 4th quarter valued at $67,000. Finally, Peapack Gladstone Financial Corp boosted its position in Itaú Unibanco by 13.4% during the fourth quarter. Peapack Gladstone Financial Corp now owns 16,935 shares of the bank's stock valued at $84,000 after buying an additional 2,000 shares during the period.

Itaú Unibanco Trading Down 0.8%

Shares of ITUB stock traded down $0.05 during trading hours on Thursday, reaching $6.60. The company's stock had a trading volume of 55,002,516 shares, compared to its average volume of 25,154,991. The firm's fifty day simple moving average is $5.91 and its 200 day simple moving average is $5.35. The company has a current ratio of 1.34, a quick ratio of 1.75 and a debt-to-equity ratio of 2.32. The stock has a market capitalization of $71.15 billion, a P/E ratio of 8.46, a P/E/G ratio of 0.89 and a beta of 0.76. Itaú Unibanco Holding S.A. has a one year low of $4.42 and a one year high of $6.85.

Itaú Unibanco (NYSE:ITUB - Get Free Report) last posted 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 firm had revenue of $7.93 billion during the quarter, compared to analyst estimates of $43.07 billion. Itaú Unibanco had a return on equity of 19.46% and a net margin of 12.25%. Equities research analysts expect that Itaú Unibanco Holding S.A. will post 0.8 EPS for the current year.

Itaú Unibanco Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 9th. Investors of record on Tuesday, May 6th will be paid a dividend of $0.0024 per share. This represents a dividend yield of 0.46%. The ex-dividend date of this dividend is Monday, May 5th. Itaú Unibanco's dividend payout ratio is currently 2.82%.

About Itaú Unibanco

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.