Wall Street brokerages forecast that Itau Unibanco Banco Holding SA (NYSE:ITUB) will announce earnings of $0.28 per share for the current quarter, according to Zacks. Zero analysts have provided estimates for Itau Unibanco Banco Holding SA’s earnings, with the highest EPS estimate coming in at $0.29 and the lowest estimate coming in at $0.27. Itau Unibanco Banco Holding SA reported earnings per share of $0.26 during the same quarter last year, which suggests a positive year-over-year growth rate of 7.7%. The company is expected to report its next earnings results on Tuesday, November 7th.

On average, analysts expect that Itau Unibanco Banco Holding SA will report full-year earnings of $1.13 per share for the current year, with EPS estimates ranging from $1.09 to $1.17. For the next year, analysts expect that the firm will post earnings of $1.13 per share, with EPS estimates ranging from $0.98 to $1.32. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Itau Unibanco Banco Holding SA.

Several equities research analysts have recently weighed in on the stock. ValuEngine upgraded shares of Itau Unibanco Banco Holding SA from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 19th. Zacks Investment Research cut shares of Itau Unibanco Banco Holding SA from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Finally, 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 price objective for the company. in a research report on Wednesday, July 12th.

Shares of Itau Unibanco Banco Holding SA (ITUB) opened at 12.59 on Thursday. The firm has a market cap of $81.82 billion, a price-to-earnings ratio of 10.81 and a beta of 1.61. Itau Unibanco Banco Holding SA has a one year low of $9.10 and a one year high of $13.65. The company has a 50 day moving average of $11.80 and a 200-day moving average of $11.94.

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

Several large investors have recently bought and sold shares of ITUB. Eqis Capital Management Inc. purchased a new stake in Itau Unibanco Banco Holding SA during the first quarter valued at $427,000. APG Asset Management N.V. boosted its stake in Itau Unibanco Banco Holding SA by 3.5% in the first quarter. APG Asset Management N.V. now owns 4,041,281 shares of the bank’s stock valued at $48,778,000 after buying an additional 135,000 shares during the period. Rockefeller Financial Services Inc. boosted its stake in Itau Unibanco Banco Holding SA by 0.9% in the first quarter. Rockefeller Financial Services Inc. now owns 146,099 shares of the bank’s stock valued at $1,763,000 after buying an additional 1,271 shares during the period. Swedbank boosted its stake in Itau Unibanco Banco Holding SA by 1.3% in the first quarter. Swedbank now owns 5,615,137 shares of the bank’s stock valued at $67,775,000 after buying an additional 70,679 shares during the period. Finally, Wetherby Asset Management Inc. boosted its stake in Itau Unibanco Banco Holding SA by 4.6% in the first quarter. Wetherby Asset Management Inc. now owns 49,839 shares of the bank’s stock valued at $602,000 after buying an additional 2,179 shares during the period. Institutional investors own 5.41% of the company’s stock.

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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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