Wexford Capital LP Raises Stock Holdings in Itaú Unibanco Holding S.A. (NYSE:ITUB)

Wexford Capital LP raised its position in Itaú Unibanco Holding S.A. (NYSE:ITUB - Free Report) by 24.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 403,625 shares of the bank's stock after acquiring an additional 80,000 shares during the quarter. Wexford Capital LP's holdings in Itaú Unibanco were worth $2,002,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ITUB. JPMorgan Chase & Co. boosted its stake in shares of Itaú Unibanco by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 50,829,515 shares of the bank's stock valued at $338,016,000 after buying an additional 2,604,304 shares during the period. Constellation Investimentos e Participacoes Ltda boosted its stake in shares of Itaú Unibanco by 96.8% in the 4th quarter. Constellation Investimentos e Participacoes Ltda now owns 2,540,200 shares of the bank's stock valued at $12,599,000 after buying an additional 1,249,200 shares during the period. Crossmark Global Holdings Inc. boosted its stake in shares of Itaú Unibanco by 1.0% in the 4th quarter. Crossmark Global Holdings Inc. now owns 487,867 shares of the bank's stock valued at $2,420,000 after buying an additional 4,636 shares during the period. Perpetual Ltd boosted its stake in shares of Itaú Unibanco by 0.4% in the 4th quarter. Perpetual Ltd now owns 13,681,494 shares of the bank's stock valued at $67,860,000 after buying an additional 51,688 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of Itaú Unibanco by 12.4% in the 4th quarter. Blue Trust Inc. now owns 52,900 shares of the bank's stock valued at $262,000 after buying an additional 5,845 shares during the period.

Itaú Unibanco Stock Up 0.8%

Shares of ITUB traded up $0.06 during midday trading on Friday, hitting $6.67. The company had a trading volume of 38,437,408 shares, compared to its average volume of 25,260,591. The company's 50-day simple moving average is $5.94 and its 200-day simple moving average is $5.37. The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.75 and a current ratio of 1.34. The firm has a market capitalization of $71.86 billion, a P/E ratio of 8.54, a P/E/G ratio of 0.89 and a beta of 0.76. Itaú Unibanco Holding S.A. has a 1 year low of $4.42 and a 1 year high of $6.85.

Itaú Unibanco (NYSE:ITUB - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The bank reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. The business had revenue of $7.93 billion during the quarter, compared to analysts' expectations of $43.07 billion. Itaú Unibanco had a return on equity of 19.46% and a net margin of 12.25%. As a group, sell-side 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 announced 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 yield of 0.46%. The ex-dividend date is Monday, May 5th. Itaú Unibanco's payout ratio 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.