BankUnited, Inc. (NYSE:BKU) insider Mark Bagnoli sold 1,000 shares of BankUnited stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $35.88, for a total transaction of $35,880.00. Following the completion of the transaction, the insider now owns 19,699 shares in the company, valued at approximately $706,800.12. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of BankUnited, Inc. (BKU) traded down $0.26 during trading on Friday, reaching $35.53. 240,461 shares of the company’s stock were exchanged, compared to its average volume of 842,721. The company has a market cap of $3,800.00, a price-to-earnings ratio of 15.04, a PEG ratio of 1.69 and a beta of 1.08. BankUnited, Inc. has a 1-year low of $30.37 and a 1-year high of $41.00. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.96 and a current ratio of 0.96.

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

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Monday, October 16th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend was Friday, October 13th. BankUnited’s payout ratio is 35.29%.

A number of equities analysts recently commented on the stock. BidaskClub lowered shares of BankUnited from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 22nd. ValuEngine lowered shares of BankUnited from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $41.00 price target on shares of BankUnited in a report on Thursday, September 28th. Zacks Investment Research lowered shares of BankUnited from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Finally, J P Morgan Chase & Co lowered shares of BankUnited from a “neutral” rating to an “underweight” rating and set a $35.00 price target on the stock. in a report on Wednesday, November 1st. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $40.27.

Several institutional investors and hedge funds have recently made changes to their positions in BKU. JPMorgan Chase & Co. boosted its stake in shares of BankUnited by 30.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,701,440 shares of the financial services provider’s stock valued at $167,747,000 after purchasing an additional 1,106,515 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of BankUnited by 3,522.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 971,171 shares of the financial services provider’s stock valued at $32,738,000 after purchasing an additional 944,359 shares in the last quarter. Diamond Hill Capital Management Inc. boosted its stake in shares of BankUnited by 11.5% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 7,666,132 shares of the financial services provider’s stock valued at $258,425,000 after purchasing an additional 792,163 shares in the last quarter. Brown Advisory Inc. bought a new stake in shares of BankUnited during the 3rd quarter valued at about $24,703,000. Finally, SG Americas Securities LLC boosted its stake in shares of BankUnited by 5,718.4% during the 2nd quarter. SG Americas Securities LLC now owns 687,265 shares of the financial services provider’s stock valued at $23,168,000 after purchasing an additional 675,453 shares in the last quarter. 94.74% of the stock is currently owned by hedge funds and other institutional investors.

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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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