Itau Unibanco Hldg Pref Adr (ITUB) Position Has Lifted by Thomas White International Ltd; As Rusha (RUSHA) Shares Rose, Holder Ack Asset Management Has Trimmed by $5.54 Billion Its Position

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

Ack Asset Management Llc decreased its stake in Rusha (RUSHA) by 51.61% based on its latest 2018Q4 regulatory filing with the SEC. Ack Asset Management Llc sold 160,000 shares as the company’s stock rose 8.57% with the market. The hedge fund held 150,000 shares of the consumer durables company at the end of 2018Q4, valued at $5.20B, down from 310,000 at the end of the previous reported quarter. Ack Asset Management Llc who had been investing in Rusha for a number of months, seems to be less bullish one the $1.51 billion market cap company. It closed at $41.66 lastly. It is down 0.38% since March 14, 2018 and is uptrending. It has underperformed by 3.99% the S&P500. Some Historical RUSHA News: 23/04/2018 – RUSH ENTERPRISES 1Q REV. $1.24B, EST. $1.19B; 14/05/2018 – T Rowe Price Associates Exits Position in Rush Enterprises; 23/04/2018 – RUSH ENTERPRISES 1Q EPS 51C, EST. 47C; 23/04/2018 – Rush Enterprises 1Q EPS 51c; 19/04/2018 – DJ Rush Enterprises Inc Class A, Inst Holders, 1Q 2018 (RUSHA); 23/04/2018 – Rush Enterprises 1Q Rev $1.24B

Thomas White International Ltd increased its stake in Itau Unibanco Hldg Pref Adr (ITUB) by 41.81% based on its latest 2018Q4 regulatory filing with the SEC. Thomas White International Ltd bought 330,213 shares as the company’s stock rose 1.51% with the market. The institutional investor held 1.12 million shares of the major banks company at the end of 2018Q4, valued at $10.24M, up from 789,881 at the end of the previous reported quarter. Thomas White International Ltd who had been investing in Itau Unibanco Hldg Pref Adr for a number of months, seems to be bullish on the $86.76B market cap company. The stock decreased 0.82% or $0.08 during the last trading session, reaching $9.71. About 1.20M shares traded. Itaú Unibanco Holding S.A. (NYSE:ITUB) has declined 8.26% since March 14, 2018 and is downtrending. It has underperformed by 12.63% the S&P500. Some Historical ITUB News: 29/05/2018 – PETROBRAS CHANGING PRICE POLICY WON’T HAVE BIG IMPACT: ITAU BBA; 20/03/2018 – Canada’s Brookfield to sell bonds in Brazil to help fund pipeline; 04/04/2018 – Apple Pay arrives in Brazil, partnering with ltaú Unibanco; 18/04/2018 – Itau Unibanco – Conference call Invitation; 10/04/2018 – BRAZILIAN BANKS WILL OFFER CHEAPER CREDIT LINES FOR CUSTOMERS USING MORE THAN 15 PCT OF OVERDRAFT LINES FOR 30 STRAIGHT DAYS -INDUSTRY ASSOCIATION; 09/03/2018 – ITAU SEES BRAZIL’S SELIC IN 6.5%, FINAL CUT IN MARCH; 14/05/2018 – ITAU BBA BOOSTED BBD, AAPL, PBR, AMX, SQM IN 1Q: 13F; 10/04/2018 – BRAZIL’S ITAÚ UNIBANCO CEO SAYS DEMAND FOR LOANS FROM BIG COMPANIES STILL WEAK; 16/05/2018 – ITAU SAYS BANK CUTTING INTEREST RATES IN SOME PERSONAL LOANS; 12/03/2018 – FITCH DOWNGRADES ITAU’S IDRS TO ‘BB’; OUTLOOK STABLE; ASSIGNS ‘

More notable recent Itaú Unibanco Holding S.A. (NYSE:ITUB) news were published by: Investorplace.com which released: “4 Brazilian Stocks to Buy as the Emerging Market Pauses – Investorplace.com” on February 05, 2019, also Benzinga.com with their article: “Bolsonaro Wins Brazilian Presidential Election (NYSE:EWZ) – Benzinga” published on October 29, 2018, Seekingalpha.com published: “Can A New Growth Cycle In Brazil Spark Growth For Itau Unibanco? – Seeking Alpha” on December 12, 2018. More interesting news about Itaú Unibanco Holding S.A. (NYSE:ITUB) were released by: Seekingalpha.com and their article: “Itau: Examining The Worst-Case Scenario – Seeking Alpha” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Itau Unibanco Holding S.A. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” with publication date: October 30, 2018.

Thomas White International Ltd, which manages about $2.28B and $504.44 million US Long portfolio, decreased its stake in Kasikorn Bank Pub Co Ltd Adr (KPCPY) by 20,453 shares to 236,342 shares, valued at $5.36M in 2018Q4, according to the filing. It also reduced its holding in Ctrip Com Intl Ltd Adr (NASDAQ:CTRP) by 24,335 shares in the quarter, leaving it with 69,781 shares, and cut its stake in Tencent Hldgs Ltd Adr (TCEHY).

Analysts await Rush Enterprises, Inc. (NASDAQ:RUSHA) to report earnings on April, 22. They expect $0.88 EPS, up 25.71% or $0.18 from last year’s $0.7 per share. RUSHA’s profit will be $31.85M for 11.84 P/E if the $0.88 EPS becomes a reality. After $1.20 actual EPS reported by Rush Enterprises, Inc. for the previous quarter, Wall Street now forecasts -26.67% negative EPS growth.

Rush Enterprises, Inc. (NASDAQ:RUSHA) Institutional Positions Chart