Two Sigma Securities LLC Makes New Investment in Itaú Unibanco Holding S.A. (NYSE:ITUB)

Two Sigma Securities LLC bought a new position in Itaú Unibanco Holding S.A. (NYSE:ITUB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 95,738 shares of the bank's stock, valued at approximately $475,000.

Other institutional investors also recently bought and sold shares of the company. Bessemer Group Inc. purchased a new position in shares of Itaú Unibanco during the 4th quarter valued at about $35,000. Mount Yale Investment Advisors LLC purchased a new position in Itaú Unibanco during the fourth quarter valued at $57,000. Signaturefd LLC grew its position in shares of Itaú Unibanco by 4,000.3% during the fourth 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. Sagespring Wealth Partners LLC purchased a new stake in Itaú Unibanco during the fourth quarter valued at $67,000. Finally, Peapack Gladstone Financial Corp grew its stake in shares of Itaú Unibanco by 13.4% in the 4th quarter. Peapack Gladstone Financial Corp now owns 16,935 shares of the bank's stock worth $84,000 after buying an additional 2,000 shares in the last quarter.

Itaú Unibanco Stock Down 1.7 %

Shares of NYSE:ITUB traded down $0.11 on Friday, reaching $6.19. The company had a trading volume of 10,287,182 shares, compared to its average volume of 24,133,125. Itaú Unibanco Holding S.A. has a 52-week low of $4.42 and a 52-week high of $6.47. The firm's 50 day simple moving average is $5.53 and its 200-day simple moving average is $5.27. The firm has a market capitalization of $66.68 billion, a PE ratio of 7.92, a PEG ratio of 0.89 and a beta of 0.65. The company has a current ratio of 1.34, a quick ratio of 1.75 and a debt-to-equity ratio of 2.32.

Itaú Unibanco (NYSE:ITUB - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The bank reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by ($0.01). Itaú Unibanco had a return on equity of 19.46% and a net margin of 12.25%. As a group, analysts expect that Itaú Unibanco Holding S.A. will post 0.8 earnings per share for the current fiscal year.

Itaú Unibanco Cuts Dividend

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

Analyst Ratings Changes

ITUB has been the topic of several recent analyst reports. Hsbc Global Res raised shares of Itaú Unibanco to a "strong-buy" rating in a research note on Monday, January 13th. UBS Group raised shares of Itaú Unibanco from a "neutral" rating to a "buy" rating in a research note on Friday, January 17th. Finally, HSBC raised shares of Itaú Unibanco from a "hold" rating to a "buy" rating and set a $6.18 price target on the stock in a research note on Monday, January 13th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $6.27.

Itaú 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.