5,875 Shares in BankUnited (BKU) Acquired by Bristol John W & Co. Inc. NY

Bristol John W & Co. Inc. NY bought a new stake in shares of BankUnited (NYSE:BKU) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,875 shares of the financial services provider’s stock, valued at approximately $235,000.

Other large investors have also recently bought and sold shares of the company. Citadel Advisors LLC boosted its stake in BankUnited by 1,334.0% during the 4th quarter. Citadel Advisors LLC now owns 2,228,050 shares of the financial services provider’s stock worth $90,727,000 after purchasing an additional 2,072,682 shares during the last quarter. Brown Advisory Inc. boosted its stake in BankUnited by 282.3% during the 4th quarter. Brown Advisory Inc. now owns 2,655,021 shares of the financial services provider’s stock worth $108,112,000 after purchasing an additional 1,960,555 shares during the last quarter. Alliancebernstein L.P. boosted its stake in BankUnited by 2,161.1% during the 4th quarter. Alliancebernstein L.P. now owns 1,377,964 shares of the financial services provider’s stock worth $56,111,000 after purchasing an additional 1,317,021 shares during the last quarter. LSV Asset Management boosted its position in shares of BankUnited by 42.3% during the 1st quarter. LSV Asset Management now owns 1,806,500 shares of the financial services provider’s stock valued at $72,223,000 after acquiring an additional 536,600 shares during the last quarter. Finally, Boston Partners boosted its position in shares of BankUnited by 51.2% during the 4th quarter. Boston Partners now owns 1,407,399 shares of the financial services provider’s stock valued at $57,310,000 after acquiring an additional 476,518 shares during the last quarter. 94.13% of the stock is owned by hedge funds and other institutional investors.

BKU has been the topic of several research analyst reports. Zacks Investment Research lowered shares of BankUnited from a “buy” rating to a “hold” rating in a research note on Thursday, April 5th. ValuEngine lowered shares of BankUnited from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. UBS Group started coverage on shares of BankUnited in a research note on Wednesday, March 21st. They set a “neutral” rating and a $45.00 target price on the stock. Finally, Sandler O’Neill upgraded shares of BankUnited from a “hold” rating to a “buy” rating in a research note on Thursday, April 26th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. BankUnited currently has an average rating of “Hold” and a consensus price target of $42.92.



BankUnited opened at $43.77 on Friday, MarketBeat reports. BankUnited has a 12 month low of $30.37 and a 12 month high of $44.97. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market cap of $4.67 billion, a PE ratio of 16.47, a P/E/G ratio of 1.51 and a beta of 1.07.

BankUnited (NYSE:BKU) last announced its quarterly earnings results on Wednesday, April 25th. The financial services provider reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.05. BankUnited had a return on equity of 11.16% and a net margin of 45.31%. The business had revenue of $275.80 million during the quarter, compared to analysts’ expectations of $271.96 million. During the same quarter last year, the business posted $0.57 earnings per share. sell-side analysts anticipate that BankUnited will post 3.3 EPS for the current fiscal year.

In other news, insider Rajinder P. Singh sold 122,451 shares of BankUnited stock in a transaction dated Thursday, May 17th. The stock was sold at an average price of $41.89, for a total value of $5,129,472.39. Following the transaction, the insider now directly owns 327,672 shares of the company’s stock, valued at approximately $13,726,180.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark Bagnoli sold 1,000 shares of BankUnited stock in a transaction dated Friday, May 4th. The shares were sold at an average price of $40.63, for a total value of $40,630.00. Following the completion of the transaction, the insider now directly owns 25,118 shares in the company, valued at $1,020,544.34. The disclosure for this sale can be found here. In the last 90 days, insiders sold 198,378 shares of company stock valued at $8,411,444. Company insiders own 2.30% of the company’s stock.

About BankUnited

BankUnited, Inc operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit; and treasury management services.

Institutional Ownership by Quarter for BankUnited (NYSE:BKU)

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