BankUnited, Inc. (NYSE:BKU) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in shares of BankUnited, Inc. (NYSE:BKU - Free Report) by 462.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,955 shares of the financial services provider's stock after purchasing an additional 22,981 shares during the period. SG Americas Securities LLC's holdings in BankUnited were worth $1,067,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of BankUnited by 9.2% in the 4th 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 period. Nordea Investment Management AB lifted its stake in shares of BankUnited by 1.6% in the 4th quarter. Nordea Investment Management AB now owns 103,208 shares of the financial services provider's stock worth $3,950,000 after acquiring an additional 1,595 shares during the period. Wolverine Asset Management LLC lifted its stake in shares of BankUnited by 25.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 11,061 shares of the financial services provider's stock worth $403,000 after acquiring an additional 2,267 shares during the period. CWM LLC lifted its stake in shares of BankUnited by 118.3% in the 3rd quarter. CWM LLC now owns 4,208 shares of the financial services provider's stock worth $153,000 after acquiring an additional 2,280 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of BankUnited by 7.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 41,438 shares of the financial services provider's stock worth $1,213,000 after acquiring an additional 2,778 shares during the period. Institutional investors and hedge funds own 99.70% of the company's stock.

BankUnited Price Performance

NYSE:BKU traded down $0.54 during mid-day trading on Friday, hitting $41.09. 603,232 shares of the company's stock traded hands, compared to its average volume of 783,573. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.88 and a current ratio of 0.86. The firm's 50 day simple moving average is $39.89 and its 200 day simple moving average is $37.94. BankUnited, Inc. has a 1 year low of $24.34 and a 1 year high of $44.45. The company has a market cap of $3.07 billion, a PE ratio of 13.34 and a beta of 1.38.

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 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 quarter in the prior year, the company posted $0.26 earnings per share. Sell-side analysts expect that BankUnited, Inc. will post 3.01 EPS for the current year.

BankUnited Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 10th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, January 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.82%. BankUnited's dividend payout ratio (DPR) is presently 37.66%.

Insider Transactions at BankUnited

In other news, insider Jay D. Richards sold 2,500 shares of BankUnited 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 completion of the sale, the insider now directly owns 34,687 shares in the company, valued at $1,428,410.66. The trade was a 6.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Thomas M. Cornish sold 10,778 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $39.11, for a total transaction of $421,527.58. Following the completion of the sale, the chief operating officer now directly owns 100,000 shares in the company, valued at $3,911,000. This represents a 9.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.19% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on BKU shares. Compass Point raised their target price on shares of BankUnited from $42.00 to $49.00 and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Keefe, Bruyette & Woods increased their price target on shares of BankUnited from $38.00 to $45.00 and gave the company a "market perform" rating in a report on Wednesday, December 4th. Wells Fargo & Company increased their price target on shares of BankUnited from $48.00 to $50.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. The Goldman Sachs Group increased their price target on shares of BankUnited from $36.00 to $42.00 and gave the company a "sell" rating in a report on Tuesday, November 26th. Finally, Barclays cut their price target 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. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $43.40.

About BankUnited

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.