33,811 Shares in BankUnited, Inc. (NYSE:BKU) Acquired by Ieq Capital LLC

Ieq Capital LLC acquired a new stake in shares of BankUnited, Inc. (NYSE:BKU) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 33,811 shares of the financial services provider’s stock, valued at approximately $1,291,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Blue Trust Inc. increased its stake in shares of BankUnited by 182.3% in the 4th quarter. Blue Trust Inc. now owns 847 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 547 shares during the last quarter. R Squared Ltd bought a new position in BankUnited in the fourth quarter valued at about $113,000. KBC Group NV raised its stake in BankUnited by 87.8% during the fourth quarter. KBC Group NV now owns 4,028 shares of the financial services provider’s stock worth $154,000 after acquiring an additional 1,883 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of BankUnited by 9.2% in the fourth quarter. GAMMA Investing LLC now owns 5,063 shares of the financial services provider’s stock worth $193,000 after acquiring an additional 426 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of BankUnited in the 3rd quarter valued at approximately $257,000. 99.70% of the stock is currently owned by institutional investors.

BankUnited Trading Down 1.4 %

NYSE:BKU opened at $37.36 on Tuesday. BankUnited, Inc. has a 52 week low of $24.34 and a 52 week high of $44.45. The firm’s fifty day moving average is $39.41 and its 200-day moving average is $38.35. The firm has a market cap of $2.79 billion, a P/E ratio of 12.13 and a beta of 1.37. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.88 and a current ratio of 0.86.

BankUnited (NYSE:BKU) last released its earnings results on Wednesday, January 22nd. The financial services provider reported $0.91 EPS for the quarter, topping the consensus estimate of $0.72 by $0.19. BankUnited had a return on equity of 8.48% and a net margin of 11.48%. During the same quarter in the previous year, the company earned $0.26 earnings per share. Equities analysts expect that BankUnited, Inc. will post 3.13 earnings per share for the current year.

BankUnited Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 10th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.10%. BankUnited’s payout ratio is presently 37.66%.

Wall Street Analysts Forecast Growth

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

BankUnited 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.