BankUnited, Inc. (NYSE:BKU) Shares Sold by First Trust Advisors LP

First Trust Advisors LP lessened its holdings in BankUnited, Inc. (NYSE:BKU - Free Report) by 16.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 180,794 shares of the financial services provider's stock after selling 34,552 shares during the period. First Trust Advisors LP owned approximately 0.24% of BankUnited worth $6,901,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Nomura Asset Management Co. Ltd. increased its holdings in shares of BankUnited by 42.3% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 1,380 shares of the financial services provider's stock worth $53,000 after buying an additional 410 shares during the last quarter. GAMMA Investing LLC increased its stake in BankUnited by 9.2% during 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. Summit Investment Advisors Inc. raised its position in BankUnited by 6.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 7,802 shares of the financial services provider's stock valued at $298,000 after purchasing an additional 495 shares during the period. Blue Trust Inc. lifted 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. Finally, Atria Investments Inc boosted its holdings in shares of BankUnited by 7.2% in the 4th quarter. Atria Investments Inc now owns 8,230 shares of the financial services provider's stock worth $314,000 after purchasing an additional 555 shares during the period. Institutional investors own 99.70% of the company's stock.

BankUnited Stock Up 1.9 %

BKU traded up $0.62 on Friday, hitting $33.84. The company had a trading volume of 686,235 shares, compared to its average volume of 787,614. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 10.99 and a beta of 1.20. 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 stock has a fifty day moving average price of $33.16 and a 200-day moving average price of $37.21. BankUnited, Inc. has a 12-month low of $26.78 and a 12-month high of $44.45.

BankUnited (NYSE:BKU - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The financial services provider reported $0.78 EPS for the quarter, topping the consensus estimate of $0.74 by $0.04. The firm had revenue of $255.41 million during the quarter, compared to analyst estimates of $264.35 million. BankUnited had a net margin of 11.48% and a return on equity of 8.48%. During the same quarter in the previous year, the business posted $0.64 EPS. Analysts predict that BankUnited, Inc. will post 3.13 EPS for the current fiscal year.

BankUnited Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Friday, April 11th were given a $0.31 dividend. This is a boost from BankUnited's previous quarterly dividend of $0.29. The ex-dividend date was Friday, April 11th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.66%. BankUnited's dividend payout ratio (DPR) is presently 38.51%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. StockNews.com cut shares of BankUnited from a "buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Barclays reduced their price objective on shares of BankUnited from $44.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Hovde Group cut their target price on BankUnited from $46.00 to $44.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 25th. Royal Bank of Canada reduced their target price on BankUnited from $42.00 to $40.00 and set a "sector perform" rating on the stock in a research note on Tuesday. Finally, Keefe, Bruyette & Woods cut their price target on shares of BankUnited from $40.00 to $38.00 and set a "market perform" rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $40.55.

Insider Activity at BankUnited

In other news, insider Kevin A. Malcolm sold 3,234 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $35.18, for a total transaction of $113,772.12. Following the sale, the insider now directly owns 12,250 shares of the company's stock, valued at $430,955. The trade was a 20.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sanjiv Sobti bought 2,000 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of $32.07 per share, for a total transaction of $64,140.00. Following the completion of the transaction, the director now owns 20,782 shares in the company, valued at $666,478.74. This trade represents a 10.65 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.15% of the stock is currently owned by corporate insiders.

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.