BankUnited, Inc. (NYSE:BKU) Shares Acquired by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. grew its holdings in shares of BankUnited, Inc. (NYSE:BKU - Free Report) by 133.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,500 shares of the financial services provider's stock after purchasing an additional 42,000 shares during the period. BankUnited makes up about 0.8% of Hussman Strategic Advisors Inc.'s portfolio, making the stock its 29th biggest holding. Hussman Strategic Advisors Inc. owned about 0.10% of BankUnited worth $2,805,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BKU. Geode Capital Management LLC increased its position in BankUnited by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,719,596 shares of the financial services provider's stock valued at $62,674,000 after buying an additional 20,218 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of BankUnited by 37.3% during the third quarter. Assenagon Asset Management S.A. now owns 868,806 shares of the financial services provider's stock valued at $31,659,000 after acquiring an additional 236,174 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of BankUnited by 6.4% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 663,084 shares of the financial services provider's stock valued at $24,163,000 after purchasing an additional 39,797 shares during the last quarter. Basswood Capital Management L.L.C. acquired a new stake in BankUnited in the 3rd quarter worth approximately $17,745,000. Finally, Principal Financial Group Inc. grew its position in BankUnited by 2.9% during the 4th quarter. Principal Financial Group Inc. now owns 362,487 shares of the financial services provider's stock worth $13,836,000 after purchasing an additional 10,064 shares during the last quarter. Institutional investors and hedge funds own 99.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BKU. Wells Fargo & Company raised their price target on shares of BankUnited from $48.00 to $50.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Compass Point raised their target price on BankUnited from $42.00 to $49.00 and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Barclays lowered their price target on BankUnited from $45.00 to $44.00 and set an "equal weight" rating for the company in a research report on Friday, December 20th. Royal Bank of Canada increased 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. Finally, The Goldman Sachs Group lifted their target price on BankUnited from $36.00 to $42.00 and gave the stock a "sell" rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $43.40.

BankUnited Stock Performance

NYSE:BKU traded down $1.64 during trading hours on Friday, reaching $37.81. The company had a trading volume of 1,157,632 shares, compared to its average volume of 742,495. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.86 and a quick ratio of 0.88. BankUnited, Inc. has a 1-year low of $24.34 and a 1-year high of $44.45. The business's 50 day moving average price is $39.48 and its 200-day moving average price is $38.27. The firm has a market cap of $2.83 billion, a PE ratio of 12.27 and a beta of 1.37.

BankUnited (NYSE:BKU - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 previous year, the company posted $0.26 earnings per share. Research analysts forecast that BankUnited, Inc. will post 3.13 EPS for the current year.

BankUnited Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 10th were paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend was Friday, January 10th. BankUnited's payout ratio is currently 37.66%.

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.