Itau Unibanco Banco Holding SA (ITUB) Getting Somewhat Positive Press Coverage, Analysis Finds
Media coverage about Itau Unibanco Banco Holding SA (NYSE:ITUB) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Itau Unibanco Banco Holding SA earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 47.1276044035178 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Itau Unibanco Rides on Inorganic Strategies, Expenses a Woe (finance.yahoo.com)
- Bp Plc Lowers Position in Itau Unibanco Banco Holding SA (NYSE:ITUB) (topactu.net)
- Itau Unibanco Banco Holding SA (NYSE:ITUB) Stock Closed 9.5% Above Its 50 Day Moving Average – Modern Readers (modernreaders.com)
- Itau Unibanco Holding SA (ITUB) – ExpressNewsline (expressnewsline.com)
Several analysts recently commented on ITUB shares. Zacks Investment Research cut Itau Unibanco Banco Holding SA from a “buy” rating to a “hold” rating in a report on Tuesday, May 9th. J P Morgan Chase & Co cut Itau Unibanco Banco Holding SA from an “overweight” rating to a “neutral” rating and set a $12.50 target price on the stock. in a report on Wednesday, July 12th. Finally, ValuEngine upgraded Itau Unibanco Banco Holding SA from a “buy” rating to a “strong-buy” rating in a report on Friday, May 19th.
Shares of Itau Unibanco Banco Holding SA (NYSE:ITUB) traded up 0.73% during mid-day trading on Monday, reaching $12.45. The company had a trading volume of 7,842,635 shares. The firm has a market capitalization of $80.91 billion, a PE ratio of 10.69 and a beta of 1.61. The stock has a 50 day moving average price of $11.71 and a 200 day moving average price of $11.93. Itau Unibanco Banco Holding SA has a 12-month low of $9.10 and a 12-month high of $13.65.
The business also recently declared a special dividend, which will be paid on Tuesday, September 5th. Investors of record on Thursday, August 17th will be given a dividend of $0.1278 per share. This represents a yield of 0.45%. This is a positive change from Itau Unibanco Banco Holding SA’s previous special dividend of $0.00. The ex-dividend date of this dividend is Tuesday, August 15th. Itau Unibanco Banco Holding SA’s dividend payout ratio (DPR) is presently 5.36%.
Itau Unibanco Banco Holding SA Company Profile
Itau Unibanco Holding SA is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil and abroad. The Company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. The Retail Banking segment offers banking products and services to a diversified client base of account holders and non-account holders, individuals and companies.
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