Itau Unibanco Holding S.A. ADR (NYSE: ITUB) is -4.23% lower on its value in year-to-date trading and has touched a low of $4.94 and a high of $7.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ITUB stock was last observed hovering at around $6.46 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $6.49, the stock is -1.72% and 2.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.74 million and changing 0.44% at the moment leaves the stock 1.99% off its SMA200. ITUB registered 23.61% gain for a year compared to 6-month loss of -2.10%.
The stock witnessed a -0.58% gain in the last 1 month and extending the period to 3 months gives it a 8.60%, and is -2.84% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.85% over the week and 1.74% over the month.
Current P/E ratio is 8.66 and Fwd P/E is 7.78. Profit margin for the company is 11.06%. Distance from 52-week low is 31.25% and -8.49% from its 52-week high. The company has generated returns on investments over the last 12 months (8.21%).
The EPS is expected to grow by 11.18% this year.
Itau Unibanco Holding S.A. ADR (ITUB) Top Institutional Holders
The shares outstanding are 4.85B, and float is at 4.81B with Short Float at 0.49%.
The top institutional shareholder in the company is SCHRODER INVESTMENT MANAGEMENT GROUP with over 85.63 million shares valued at $500.09 million. The investor’s holdings represent 0.8698% of the ITUB Shares outstanding. As of 2024-06-30, the second largest holder is WESTWOOD GLOBAL INVESTMENTS, LLC with 59.44 million shares valued at $347.13 million to account for 0.6038 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 48.23 million shares representing 0.4899% and valued at over $281.64 million, while FISHER ASSET MANAGEMENT, LLC holds 0.4845 of the shares totaling 47.7 million with a market value of $278.57 million.
Itau Unibanco Holding S.A. ADR (ITUB) Insider Activity
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