Itau Unibanco Holding S.A. (NYSE:ITUB) recovered 50.61% of its value since hitting low of $6.44. The recent move of 2.21% gain helped the stock to close at $9.7 when trading ended on 7/26/2019. At a recent session, the prices were hovering between $9.485 and $9.79. This company shares are 0.1% off its target price of $9.71 and the current market capitalization stands at $86.77B. The recent change has given its price a 6.5% lead over SMA 50 and -8.43% deficit over its 52-week high. The stock witnessed 2.75% gains, 12.92% gains and -1.2% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ITUB’s volatility during a week at 2.53% and during a month it has been found around 2.22%.

What Does Itau Unibanco Holding S.A. (ITUB) Do?

The company describes itself in regulatory filings as, “Itaú Unibanco Holding SA provides financial products and services to individual and corporate clients in Brazil and abroad. It operates through the following segments: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. The Retail Banking segment includes credit cards, asset management, insurance, pension plan and capitalization products, and a variety of credit products and services for individuals and small companies. The Wholesale Bank segment offers corporate and investment banking activities, including its middle-market banking business. The Activities with the Market and Corporation segment deals with the result arising from capital surplus, subordinated debt surplus and the net balance of tax credits and debts. The company was founded on September 9, 1943 and is headquartered in São Paulo, Brazil.” [Text can be found here: under company description.]

Itau Unibanco Holding S.A. (ITUB) Top Holders

Institutional investors currently hold around $10.71 billion or 24.1% in ITUB stock. Look at its top three institutional owners: Harding Loevner Lp owns $816.72 million in Itau Unibanco Holding S.A., which represents roughly 0.94% of the company’s market cap and approximately 7.63% of the institutional ownership. Similar statistics are true for the second largest owner, Schroder Investment Management Group, which owns 80,141,276 shares of the stock are valued at $777.37 million. The third largest holder is Vanguard Group Inc, which currently holds $565.92 million worth of this stock and that ownership represents nearly 0.65% of its market capitalization.

Itau Unibanco Holding S.A. 13F Filings

At the end of March reporting period, 140 institutional holders increased their position in Itau Unibanco Holding S.A. (NYSE:ITUB) by some 90,555,163 shares, 192 decreased positions by 126,812,721 and 41 held positions by 886,343,906. That puts total institutional holdings at 1,104,000,000 shares, according to SEC filings. The stock grabbed 42 new institutional investments totaling 8,237,854 shares while 40 institutional investors sold out their entire positions totaling 11,554,030 shares.

Itau Unibanco Holding S.A. (ITUB) Analyst Guide

Several analysts have released their opinion on Itau Unibanco Holding S.A. (NYSE:ITUB), with 1 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.86 average brokerage recommendation [T1].