Media stories about Itau Unibanco (NYSE:ITUB) have been trending positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Itau Unibanco earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.936875626587 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news stories that may have impacted Accern Sentiment’s rankings:

Several equities research analysts have issued reports on ITUB shares. BidaskClub lowered shares of Itau Unibanco from a “strong-buy” rating to a “buy” rating in a report on Monday, October 23rd. ValuEngine lowered shares of Itau Unibanco from a “strong-buy” rating to a “buy” rating in a report on Friday, October 27th. Zacks Investment Research lowered shares of Itau Unibanco from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Finally, Deutsche Bank raised shares of Itau Unibanco from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Monday, December 11th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $14.25.

Shares of Itau Unibanco (NYSE ITUB) traded up $0.02 during trading on Tuesday, reaching $15.65. 5,016,361 shares of the company’s stock traded hands, compared to its average volume of 12,107,549. The company has a market cap of $100,751.48, a price-to-earnings ratio of 13.61, a PEG ratio of 1.67 and a beta of 1.79. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.66 and a quick ratio of 1.66. Itau Unibanco has a 12-month low of $10.02 and a 12-month high of $16.98.

Itau Unibanco announced that its Board of Directors has approved a stock buyback plan on Monday, December 18th that permits the company to repurchase 28,620,000 outstanding shares. This repurchase authorization permits the bank to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Friday, March 2nd will be issued a $0.0046 dividend. This represents a $0.05 annualized dividend and a yield of 0.35%. The ex-dividend date is Thursday, March 1st. Itau Unibanco’s dividend payout ratio (DPR) is presently 5.22%.

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About Itau Unibanco

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.

Insider Buying and Selling by Quarter for Itau Unibanco (NYSE:ITUB)

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