Pitcairn Co. boosted its position in shares of Itau Unibanco Banco Holding SA (NYSE:ITUB) by 2.6% during the second quarter, Holdings Channel reports. The fund owned 29,148 shares of the bank’s stock after buying an additional 735 shares during the period. Pitcairn Co.’s holdings in Itau Unibanco Banco Holding SA were worth $322,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Virtu Financial LLC purchased a new stake in Itau Unibanco Banco Holding SA during the second quarter worth approximately $115,000. Advisor Partners LLC bought a new stake in shares of Itau Unibanco Banco Holding SA during the second quarter valued at about $120,000. Ronald Blue & Co. LLC boosted its stake in shares of Itau Unibanco Banco Holding SA by 3.5% in the second quarter. Ronald Blue & Co. LLC now owns 12,157 shares of the bank’s stock valued at $134,000 after buying an additional 410 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of Itau Unibanco Banco Holding SA during the second quarter valued at about $137,000. Finally, Smithfield Trust Co. boosted its stake in shares of Itau Unibanco Banco Holding SA by 15.4% in the second quarter. Smithfield Trust Co. now owns 12,483 shares of the bank’s stock valued at $137,000 after buying an additional 1,662 shares in the last quarter. Hedge funds and other institutional investors own 5.41% of the company’s stock.

Itau Unibanco Banco Holding SA (NYSE ITUB) opened at 12.48 on Wednesday. Itau Unibanco Banco Holding SA has a 52-week low of $9.10 and a 52-week high of $13.65. The firm has a 50-day moving average of $11.75 and a 200 day moving average of $11.94. The company has a market capitalization of $81.10 billion, a P/E ratio of 10.71 and a beta of 1.61.

The firm also recently disclosed a special dividend, which will be paid on Tuesday, September 5th. Stockholders of record on Thursday, August 17th will be issued a $0.1278 dividend. This is an increase from Itau Unibanco Banco Holding SA’s previous special dividend of $0.00. This represents a dividend yield of 0.45%. The ex-dividend date is Tuesday, August 15th. Itau Unibanco Banco Holding SA’s dividend payout ratio is 5.36%.

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Several equities research analysts recently issued reports on the stock. Zacks Investment Research cut shares of 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 shares of 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 shares of Itau Unibanco Banco Holding SA from a “buy” rating to a “strong-buy” rating in a report on Friday, May 19th.

About Itau Unibanco Banco Holding SA

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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Institutional Ownership by Quarter for Itau Unibanco Banco Holding SA (NYSE:ITUB)

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