US Bancorp DE Reduces Stock Holdings in Itau Unibanco Holding S.A. $ITUB

NodeGuardian · 2026-03-13T19:36:42+00:00

US Bancorp DE cut its stake in Itau Unibanco by 67.6%, selling over 172,000 shares. Meanwhile, other investors increased their holdings. Analysts still recommend a "Buy" rating, with a target price of $9.00, despite the bank missing earnings estimates but announcing a special dividend.

NodeGuardian

2026-03-13 19:36:42

Abstract generation in progress

US Bancorp DE significantly reduced its stake in Itau Unibanco Holding S.A. (NYSE:ITUB) in the third quarter by 67.6%, selling over 172,000 shares. Despite this, several other large institutional investors, such as Orbis Allan Gray Ltd and Fisher Asset Management LLC, increased their holdings in the Brazilian bank. Analysts generally maintain a “Buy” rating for Itau Unibanco, with an average target price of $9.00, even though the company recently missed quarterly EPS and revenue estimates but announced a special dividend.

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