Itau Unibanco (ITUB) Holding Has Increased by Westwood Global Investments Llc

Itaú Unibanco Holding S.A. (NYSE:ITUB) Logo

Westwood Global Investments Llc increased its stake in Itau Unibanco (ITUB) by 4.66% based on its latest 2019Q1 regulatory filing with the SEC. Westwood Global Investments Llc bought 1.86 million shares as the company’s stock declined 17.75% while stock markets rallied. The institutional investor held 41.67M shares of the major banks company at the end of 2019Q1, valued at $367.09 million, up from 39.81 million at the end of the previous reported quarter. Westwood Global Investments Llc who had been investing in Itau Unibanco for a number of months, seems to be bullish on the $88.00 billion market cap company. The stock decreased 1.12% or $0.11 during the last trading session, reaching $9.75. About 13.54 million shares traded. Itaú Unibanco Holding S.A. (NYSE:ITUB) has declined 5.97% since July 14, 2018 and is downtrending. It has underperformed by 10.40% the S&P500.

More notable recent Itaú Unibanco Holding S.A. (NYSE:ITUB) news were published by: Seekingalpha.com which released: “Itau Unibanco Holding S.A. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on October 30, 2018, also Seekingalpha.com with their article: “Itau: Examining The Worst-Case Scenario – Seeking Alpha” published on June 13, 2018, Finance.Yahoo.com published: “Results For The 2nd Quarter Of 2019 – Yahoo Finance” on July 12, 2019. More interesting news about Itaú Unibanco Holding S.A. (NYSE:ITUB) were released by: Seekingalpha.com and their article: “EWZ: ‘Bolsonaro Bump’ Set To Push Brazil Stocks Higher – Seeking Alpha” published on January 10, 2019 as well as Seekingalpha.com‘s news article titled: “Can A New Growth Cycle In Brazil Spark Growth For Itau Unibanco? – Seeking Alpha” with publication date: December 12, 2018.

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