<div id="readability-page-1"><p>TT International Asset Management LTD purchased a new stake in shares of  Itau Unibanco Holding S.A. (NYSE:ITUB - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The institutional investor  purchased 140,000 shares of the bank's stock, valued at approximately $1,028,000.</p><div><p><span></span><span>Get <strong>Itau Unibanco</strong> alerts:</span></p></div><ul><li>Why Wall Street Loves These 3 Penny Stocks</li></ul><p>Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of  Itau Unibanco by 6.7% during the 1st quarter. Vanguard Group Inc. now owns 24,592,740 shares of the bank's stock valued at $135,260,000 after acquiring an additional 1,549,003 shares during the period.  Invesco Ltd. lifted its stake in  Itau Unibanco by 58.8% in the first quarter. Invesco Ltd. now owns 585,013 shares of the bank's stock valued at $3,218,000 after purchasing an additional 216,519 shares during the last quarter.  Nuveen LLC purchased a new position in  Itau Unibanco in the first quarter valued at approximately $1,048,000.  HighTower Advisors LLC grew its holdings in  Itau Unibanco by 17.1% during the first quarter. HighTower Advisors LLC now owns 27,130 shares of the bank's stock valued at $149,000 after purchasing an additional 3,963 shares during the period.  Finally, Vestmark Advisory Solutions Inc. increased its position in  Itau Unibanco by 203.6% in the first quarter. Vestmark Advisory Solutions Inc. now owns 82,764 shares of the bank's stock worth $455,000 after buying an additional 55,500 shares during the last quarter. </p><h2>Itau Unibanco Price Performance</h2><p>Shares of NYSE ITUB opened at $7.47 on Tuesday. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.58 and a current ratio of 1.58. Itau Unibanco Holding S.A. has a fifty-two week low of $4.42 and a fifty-two week high of $8.13. The stock has a market cap of $80.28 billion, a PE ratio of 10.33, a price-to-earnings-growth ratio of 1.08 and a beta of 0.67. The stock has a fifty day moving average of $7.37 and a 200-day moving average of $6.99. </p><h2>Itau Unibanco Announces Dividend</h2><p>The company also recently disclosed a monthly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Tuesday, June 2nd will be given a $0.0033 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, June 2nd. Itau Unibanco's dividend payout ratio (DPR) is 526.39%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of brokerages have recently commented on ITUB. Weiss Ratings  reaffirmed a &#34;buy (b)&#34; rating on shares of Itau Unibanco in a research report on Monday, December 8th. JPMorgan Chase &amp; Co. boosted their price objective on Itau Unibanco from $7.00 to $8.00 and gave the company an &#34;overweight&#34; rating in a research note on Tuesday, November 25th. Finally, Zacks Research downgraded shares of Itau Unibanco from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Monday, November 3rd. One equities research analyst  has rated the stock with a Strong Buy rating, three have issued  a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $7.09.</p><p><b>Check Out Our Latest Stock Analysis on ITUB</b></p><h2>Itau Unibanco Company Profile</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Itau Unibanco</li><li>How to Invest in Blue Chip Stocks</li><li>Unassuming Evergy Energy: The AI Boost Your Income Portfolio Needs</li><li>ETF Screener: Uses and Step-by-Step Guide </li><li>Pfizer Adds to Its Big Bet on Weight Loss Drugs</li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>ServiceNow’s $7 Billion Gamble: Panic or Opportunity?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlUVUI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlUVUI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Itau Unibanco Right Now?</h2><p>Before you consider Itau Unibanco, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Itau Unibanco wasn't on the list.</p><p>While Itau Unibanco currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ITUB

<p>TT International Asset Management LTD acquired 140,000 shares of Itau Unibanco Holding S.A., valued at $1,028,000. Other hedge funds adjusted their stakes. Analysts have mixed ratings, with a consensus of 'Moderate Buy' and an average price target of $7.09.</p>

140,000 Shares in Itau Unibanco Holding S.A. $ITUB Purchased by TT International Asset Management LTD