Empowered Funds LLC Has $9.55 Million Stock Holdings in BankUnited, Inc. (NYSE:BKU)

Empowered Funds LLC lifted its holdings in BankUnited, Inc. (NYSE:BKU - Free Report) by 9.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 250,194 shares of the financial services provider's stock after purchasing an additional 20,558 shares during the period. Empowered Funds LLC owned 0.33% of BankUnited worth $9,550,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. EMC Capital Management grew its position in BankUnited by 162.6% in the 4th quarter. EMC Capital Management now owns 9,915 shares of the financial services provider's stock worth $378,000 after purchasing an additional 6,139 shares during the last quarter. R Squared Ltd acquired a new position in BankUnited in the 4th quarter valued at approximately $113,000. KBC Group NV lifted its position in shares of BankUnited by 87.8% in the 4th 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 during the period. Blue Trust Inc. grew its holdings in shares of BankUnited by 182.3% during the 4th quarter. Blue Trust Inc. now owns 847 shares of the financial services provider's stock worth $31,000 after purchasing an additional 547 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings 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 worth $1,067,000 after purchasing an additional 22,981 shares in the last quarter. Institutional investors and hedge funds own 99.70% of the company's stock.

BankUnited Price Performance

Shares of BankUnited stock traded up $0.17 during trading on Thursday, reaching $40.38. The company's stock had a trading volume of 615,123 shares, compared to its average volume of 760,704. The stock has a 50-day moving average price of $39.63 and a two-hundred day moving average price of $38.15. The stock has a market capitalization of $3.02 billion, a P/E ratio of 13.11 and a beta of 1.37. The company has a current ratio of 0.86, a quick ratio of 0.88 and a debt-to-equity ratio of 1.04. BankUnited, Inc. has a one year low of $24.34 and a one year high of $44.45.

BankUnited (NYSE:BKU - Get Free Report) last announced 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 earned $0.26 earnings per share. As a group, sell-side analysts anticipate that BankUnited, Inc. will post 3.01 EPS for the current fiscal year.

BankUnited Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 10th were given a $0.29 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.16 dividend on an annualized basis and a yield of 2.87%. BankUnited's payout ratio is 37.66%.

Wall Street Analyst Weigh In

Several research analysts recently commented on BKU shares. Wells Fargo & Company raised their target price on BankUnited from $48.00 to $50.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Barclays reduced their price objective on shares of BankUnited from $45.00 to $44.00 and set an "equal weight" rating for the company in a report on Friday, December 20th. Compass Point upped their target price on shares of BankUnited from $42.00 to $49.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. The Goldman Sachs Group increased their price target 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. Finally, Royal Bank of Canada lifted their price objective on BankUnited from $42.00 to $43.00 and gave the company a "sector perform" rating in a report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, BankUnited currently has a consensus rating of "Hold" and an average target price of $43.40.

Insider Activity

In other BankUnited 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 transaction 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 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.