BankUnited, Inc. (NYSE:BKU) insider Mark Bagnoli sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $35.88, for a total value of $35,880.00. Following the sale, the insider now directly owns 19,699 shares of the company’s stock, valued at $706,800.12. The transaction was disclosed in a document filed with the SEC, which is available through this link.

BankUnited, Inc. (NYSE:BKU) traded up $0.34 on Wednesday, reaching $35.96. The company’s stock had a trading volume of 1,400,300 shares, compared to its average volume of 846,780. The firm has a market cap of $3,804.95, a price-to-earnings ratio of 14.97, a P/E/G ratio of 1.68 and a beta of 1.08. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.96 and a quick ratio of 0.96. BankUnited, Inc. has a 12-month low of $30.37 and a 12-month high of $41.00.

BankUnited (NYSE:BKU) last released its earnings results on Tuesday, October 31st. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.03. The firm had revenue of $294.59 million for the quarter, compared to analyst estimates of $273.51 million. BankUnited had a return on equity of 10.23% and a net margin of 19.82%. During the same quarter last year, the firm posted $0.47 EPS. equities research analysts expect that BankUnited, Inc. will post 2.39 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend was Friday, October 13th. BankUnited’s dividend payout ratio (DPR) is currently 35.29%.

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A number of brokerages have recently commented on BKU. ValuEngine raised BankUnited from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Keefe, Bruyette & Woods reissued a “buy” rating and set a $41.00 price objective on shares of BankUnited in a report on Thursday, September 28th. Deutsche Bank AG lowered their price objective on BankUnited from $42.00 to $40.00 and set a “hold” rating on the stock in a report on Wednesday, November 8th. BMO Capital Markets raised BankUnited from a “market perform” rating to an “outperform” rating in a report on Monday. Finally, Zacks Investment Research lowered BankUnited from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $40.27.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BKU. Principal Financial Group Inc. grew its holdings in BankUnited by 1.6% in the 1st quarter. Principal Financial Group Inc. now owns 16,346 shares of the financial services provider’s stock valued at $610,000 after buying an additional 258 shares during the last quarter. Aperio Group LLC grew its holdings in BankUnited by 231.3% in the 2nd quarter. Aperio Group LLC now owns 19,677 shares of the financial services provider’s stock valued at $663,000 after buying an additional 13,737 shares during the last quarter. Manning & Napier Advisors LLC acquired a new stake in BankUnited in the 2nd quarter valued at approximately $653,000. Russell Investments Group Ltd. grew its holdings in BankUnited by 274.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 266,018 shares of the financial services provider’s stock valued at $8,968,000 after buying an additional 195,012 shares during the last quarter. Finally, Parametrica Management Ltd grew its holdings in BankUnited by 39.7% in the 2nd quarter. Parametrica Management Ltd now owns 11,522 shares of the financial services provider’s stock valued at $388,000 after buying an additional 3,273 shares during the last quarter. 94.74% of the stock is currently owned by hedge funds and other institutional investors.

BankUnited Company Profile

BankUnited, Inc is the bank holding company of BankUnited (the Bank). The bank is a national banking association. As of December 31, 2016, the Bank provided a range of banking services to individual and corporate customers through 94 banking centers located in 15 Florida counties and six banking centers in the New York metropolitan area.

Insider Buying and Selling by Quarter for BankUnited (NYSE:BKU)

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