BankUnited, Inc. (NYSE:BKU) is expected to pay $0.21 on Oct 31, 2016. The indicated annual dividend is $0.84. Shareholders owning the stock before Oct 13, 2016 will be eligible to receive the payout. Based on BankUnited, Inc.’s current price of $29.84, the dividend is 0.70%. This dividend’s record date is Oct 17, 2016 and the announcement date is Sep 28, 2016. The stock decreased 1.91% or $0.58 during the last trading session, hitting $29.84. BankUnited (NYSE:BKU) has declined 12.42% since March 9, 2016 and is downtrending. It has underperformed by 19.83% the S&P500.
BankUnited, Inc. is the bank holding firm of BankUnited, National Association . The company has a market cap of $3.13 billion. The Bank provides a range of banking services to individual and corporate clients through approximately 100 branches. It has a 11.9 P/E ratio. The Firm offers a range of lending products, including small business loans, commercial real estate loans, equipment loans and leases, term loans, formula loans, municipal loans and leases, commercial lines of credit, letters of credit and consumer loans.
Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.06, from 1.05 in 2016Q1. The ratio fall, as 27 funds sold all BankUnited shares owned while 81 reduced positions. 28 funds bought stakes while 79 increased positions. They now own 96.86 million shares or 1.92% less from 98.76 million shares in 2016Q1.
Capital Rech Global Investors holds 0% of its portfolio in BankUnited (NYSE:BKU) for 343,000 shares. Jpmorgan Chase Com accumulated 2.14M shares or 0.02% of the stock. Spindletop Capital Ltd Liability holds 115,000 shares or 5.36% of its portfolio. Janus Capital Management Limited Liability has 0.01% invested in the company for 209,200 shares. Rhumbline Advisers reported 76,882 shares or 0.01% of all its holdings. Segall Bryant And Hamill Ltd Liability Corp reported 199,678 shares or 0.16% of all its holdings. Hgk Asset Mgmt owns 12,733 shares or 0.06% of their US portfolio. Macquarie Grp Incorporated Limited accumulated 93,700 shares or 0.01% of the stock. Lomas Cap Lc holds 1.57% of its portfolio in BankUnited (NYSE:BKU) for 252,336 shares. Bluemountain Limited Company last reported 10,185 shares in the company. Cap Fund Mgmt Sa, a France-based fund reported 166,605 shares. Barclays Public Ltd Com has 0% invested in the company for 53,457 shares. Creative Planning has invested 0% of its portfolio in BankUnited (NYSE:BKU). Bessemer Gru last reported 466 shares in the company. Alpine Woods Cap Limited Liability Com holds 0.01% or 8,000 shares in its portfolio.
Insider Transactions: Since July 29, 2016, the stock had 0 insider purchases, and 2 selling transactions for $216,241 net activity. Shares for $156,017 were sold by Starr Jeffrey on Thursday, September 15. Shares for $60,224 were sold by Bagnoli Mark.
BankUnited (NYSE:BKU) Ratings Coverage
Out of 10 analysts covering BankUnited (NYSE:BKU), 4 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 40% are positive. $44 is the highest target while $28 is the lowest. The $38.56 average target is 29.22% above today’s ($29.84) stock price. BankUnited has been the topic of 22 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock of BankUnited (NYSE:BKU) has “Buy” rating given on Wednesday, June 29 by Sandler O’Neill. The rating was downgraded by BMO Capital Markets on Friday, May 6 to “Market Perform”. The stock of BankUnited (NYSE:BKU) earned “Buy” rating by Goldman Sachs on Friday, August 7. The firm has “Outperform” rating by RBC Capital Markets given on Friday, July 24. The stock of BankUnited (NYSE:BKU) earned “Market Perform” rating by Keefe Bruyette & Woods on Thursday, October 22. The firm has “Equal-Weight” rating by Barclays Capital given on Thursday, November 5. Hovde Group downgraded the shares of BKU in a report on Thursday, July 21 to “Market Perform” rating. Hovde Group upgraded BankUnited (NYSE:BKU) on Tuesday, January 19 to “Outperform” rating. The rating was downgraded by Goldman Sachs on Thursday, May 19 to “Sell”. The stock has “Buy” rating given by UBS on Friday, January 22.
More notable recent BankUnited (NYSE:BKU) news were published by: Forbes.com which released: “Ex-Dividend Reminder: PNC Financial Services Group, BankUnited and Clarcor” on October 11, 2016, also Businesswire.com with their article: “BankUnited, Inc. to Announce Third Quarter Results” published on October 11, 2016, Businesswire.com published: “BankUnited Implements Online Banking Solutions for Advanced Commercial Online …” on October 10, 2016. More interesting news about BankUnited (NYSE:BKU) were released by: Wsj.com and their article: “BankUnited’s CEO to Retire, Operating Chief Promoted to Top Post” published on August 31, 2016 as well as Sun-Sentinel.com‘s news article titled: “Bye, bye BUC: ‘Canes hoops arena now the Watsco Center” with publication date: October 10, 2016.
BKU Company Profile
BankUnited, Inc., incorporated on April 28, 2009, is the bank holding firm of BankUnited, National Association (the Bank). The Bank provides a range of banking services to individual and corporate clients through approximately 100 branches. The Bank also provides commercial lending products on a national platform.
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