Eagle Global Advisors LLC Purchases 10,000 Shares of Itaú Unibanco Holding S.A. (NYSE:ITUB)

Eagle Global Advisors LLC boosted its position in Itaú Unibanco Holding S.A. (NYSE:ITUB) by 3.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 294,000 shares of the bank’s stock after purchasing an additional 10,000 shares during the quarter. Eagle Global Advisors LLC’s holdings in Itaú Unibanco were worth $2,043,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ITUB. Schroder Investment Management Group lifted its position in shares of Itaú Unibanco by 1.7% during the 3rd quarter. Schroder Investment Management Group now owns 95,992,864 shares of the bank’s stock valued at $515,482,000 after acquiring an additional 1,613,409 shares during the period. Westwood Global Investments LLC lifted its position in shares of Itaú Unibanco by 2.8% during the 3rd quarter. Westwood Global Investments LLC now owns 63,473,083 shares of the bank’s stock valued at $340,850,000 after acquiring an additional 1,746,682 shares during the period. Itau Unibanco Holding S.A. lifted its position in shares of Itaú Unibanco by 0.3% during the 3rd quarter. Itau Unibanco Holding S.A. now owns 23,221,327 shares of the bank’s stock valued at $124,699,000 after acquiring an additional 76,541 shares during the period. ANTIPODES PARTNERS Ltd lifted its position in shares of Itaú Unibanco by 67.4% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 20,816,099 shares of the bank’s stock valued at $111,366,000 after acquiring an additional 8,381,232 shares during the period. Finally, Baillie Gifford & Co. lifted its position in shares of Itaú Unibanco by 3.0% during the 4th quarter. Baillie Gifford & Co. now owns 15,034,066 shares of the bank’s stock valued at $104,487,000 after acquiring an additional 440,486 shares during the period.

Itaú Unibanco Price Performance

Shares of Itaú Unibanco stock traded down $0.07 during trading on Friday, reaching $6.17. 12,041,341 shares of the company’s stock were exchanged, compared to its average volume of 16,510,658. The company has a debt-to-equity ratio of 2.37, a current ratio of 1.54 and a quick ratio of 1.30. Itaú Unibanco Holding S.A. has a 1-year low of $5.08 and a 1-year high of $7.27. The firm’s 50-day moving average price is $6.45 and its 200 day moving average price is $6.58.

Itaú Unibanco Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Tuesday, June 4th will be issued a dividend of $0.003 per share. The ex-dividend date is Tuesday, June 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.58%. Itaú Unibanco’s dividend payout ratio (DPR) is currently 5.41%.

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.