Yousif Capital Management LLC Sells 561 Shares of BankUnited, Inc. (NYSE:BKU)

Yousif Capital Management LLC lessened its stake in BankUnited, Inc. (NYSE:BKU) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,293 shares of the financial services provider’s stock after selling 561 shares during the period. Yousif Capital Management LLC’s holdings in BankUnited were worth $1,080,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Alpha DNA Investment Management LLC bought a new stake in shares of BankUnited during the 3rd quarter valued at $443,000. SG Americas Securities LLC grew its position in shares of BankUnited by 462.0% during the 4th quarter. SG Americas Securities LLC now owns 27,955 shares of the financial services provider’s stock valued at $1,067,000 after acquiring an additional 22,981 shares during the period. BNP Paribas Financial Markets grew its position in shares of BankUnited by 211.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 59,594 shares of the financial services provider’s stock valued at $2,172,000 after acquiring an additional 40,461 shares during the period. MML Investors Services LLC bought a new stake in shares of BankUnited during the 3rd quarter valued at $347,000. Finally, LMR Partners LLP bought a new stake in shares of BankUnited during the 3rd quarter valued at $557,000. Institutional investors own 99.70% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Compass Point boosted their price objective on shares of BankUnited from $42.00 to $49.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. The Goldman Sachs Group lifted their target price on shares of BankUnited from $36.00 to $42.00 and gave the company a “sell” rating in a research note on Tuesday, November 26th. Keefe, Bruyette & Woods lifted their target price on shares of BankUnited from $38.00 to $45.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Royal Bank of Canada lifted their target price on shares of BankUnited from $42.00 to $43.00 and gave the company a “sector perform” rating in a research note on Thursday, January 23rd. Finally, Barclays lowered their target price on shares of BankUnited from $45.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, December 20th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $43.40.

Insider Transactions at BankUnited

In related news, insider Jay D. Richards sold 2,500 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $41.18, for a total transaction of $102,950.00. Following the transaction, the insider now directly owns 34,687 shares in the company, valued at approximately $1,428,410.66. This represents a 6.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.19% of the company’s stock.

BankUnited Stock Performance

BankUnited stock opened at $40.64 on Friday. The company’s 50-day moving average price is $39.61 and its 200-day moving average price is $38.17. BankUnited, Inc. has a twelve month low of $24.34 and a twelve month high of $44.45. The company has a quick ratio of 0.88, a current ratio of 0.86 and a debt-to-equity ratio of 1.04. The company has a market cap of $3.04 billion, a PE ratio of 13.20 and a beta of 1.37.

BankUnited (NYSE:BKU) last posted its earnings results on Wednesday, January 22nd. The financial services provider reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.19. BankUnited had a net margin of 11.48% and a return on equity of 8.48%. During the same period in the prior year, the firm posted $0.26 EPS. On average, equities research analysts forecast that BankUnited, Inc. will post 3.01 EPS for the current fiscal year.

BankUnited Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 10th were issued a $0.29 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.85%. BankUnited’s dividend payout ratio (DPR) is presently 37.66%.

BankUnited Company Profile

BankUnited, Inc operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services.