72,214 Shares in BankUnited, Inc. (NYSE:BKU) Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL bought a new position in shares of BankUnited, Inc. (NYSE:BKU - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 72,214 shares of the financial services provider's stock, valued at approximately $2,756,000. Tudor Investment Corp ET AL owned 0.10% of BankUnited as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of BKU. Nomura Asset Management Co. Ltd. lifted its stake 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 valued at $53,000 after acquiring an additional 410 shares during the last quarter. GAMMA Investing LLC increased 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 valued at $193,000 after acquiring an additional 426 shares in the last quarter. Summit Investment Advisors Inc. grew its holdings in BankUnited by 6.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 7,802 shares of the financial services provider's stock worth $298,000 after purchasing an additional 495 shares during the period. Blue Trust Inc. lifted its holdings 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 worth $31,000 after purchasing an additional 547 shares in the last quarter. Finally, Atria Investments Inc lifted its stake in shares of BankUnited by 7.2% in the fourth quarter. Atria Investments Inc now owns 8,230 shares of the financial services provider's stock valued at $314,000 after buying an additional 555 shares in the last quarter. Institutional investors own 99.70% of the company's stock.

Insider Activity

In other news, Director Sanjiv Sobti purchased 1,000 shares of the company's stock in a transaction on Thursday, March 13th. The shares were acquired at an average price of $32.83 per share, for a total transaction of $32,830.00. Following the purchase, the director now owns 21,782 shares in the company, valued at $715,103.06. This trade represents a 4.81 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kevin A. Malcolm sold 3,234 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $35.18, for a total transaction of $113,772.12. Following the completion of the sale, the insider now owns 12,250 shares in the company, valued at $430,955. The trade was a 20.89 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.15% of the company's stock.

Wall Street Analyst Weigh In

BKU has been the subject of several research analyst reports. StockNews.com lowered BankUnited from a "buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Wells Fargo & Company reduced their target price on shares of BankUnited from $50.00 to $42.00 and set an "overweight" rating on the stock in a report on Wednesday, April 9th. Barclays reduced their target price on BankUnited from $44.00 to $38.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Keefe, Bruyette & Woods decreased their price target on shares of BankUnited from $40.00 to $38.00 and set a "market perform" rating for the company in a research note on Wednesday, April 30th. Finally, Royal Bank of Canada cut their price target on shares of BankUnited from $42.00 to $40.00 and set a "sector perform" rating on the stock in a report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $40.55.

BankUnited Price Performance

Shares of NYSE:BKU traded up $1.11 during trading on Thursday, hitting $34.23. 172,559 shares of the company's stock were exchanged, compared to its average volume of 841,357. The business's 50-day simple moving average is $32.93 and its 200 day simple moving average is $37.12. 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 52-week low of $26.78 and a 52-week high of $44.45. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 11.11 and a beta of 1.29.

BankUnited (NYSE:BKU - Get Free Report) last issued its earnings results on Monday, April 28th. The financial services provider reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates 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 prior year, the business earned $0.64 earnings per share. As a group, equities analysts predict that BankUnited, Inc. will post 3.13 EPS for the current year.

BankUnited Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 11th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 3.62%. This is an increase from BankUnited's previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Friday, April 11th. BankUnited's dividend payout ratio is presently 38.51%.

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.