BankUnited (NYSE:BKU) Director Douglas J. Pauls Sells 22,133 Shares

BankUnited (NYSE:BKU) Director Douglas J. Pauls sold 22,133 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $34.16, for a total value of $756,063.28. Following the completion of the sale, the director now directly owns 56,581 shares in the company, valued at $1,932,806.96. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of BankUnited stock traded up $1.07 during trading hours on Friday, reaching $34.28. The stock had a trading volume of 1,415,737 shares, compared to its average volume of 751,611. The firm has a 50 day simple moving average of $32.21 and a two-hundred day simple moving average of $33.82. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of 14.53, a P/E/G ratio of 1.31 and a beta of 1.14. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 1.86. BankUnited has a 1 year low of $28.05 and a 1 year high of $37.87.

BankUnited (NYSE:BKU) last released its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.13. The company had revenue of $226.22 million for the quarter, compared to the consensus estimate of $224.42 million. BankUnited had a return on equity of 10.21% and a net margin of 18.74%. During the same period last year, the business posted $0.82 EPS. Sell-side analysts forecast that BankUnited will post 2.89 EPS for the current year.

The company also recently disclosed a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a $0.21 dividend. The ex-dividend date is Friday, October 11th. This represents a dividend yield of 2.5%. BankUnited’s dividend payout ratio (DPR) is 35.59%.

A number of analysts have issued reports on the company. ValuEngine lowered BankUnited from a “hold” rating to a “sell” rating in a research note on Wednesday, June 19th. Zacks Investment Research raised BankUnited from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Friday, May 24th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. BankUnited presently has an average rating of “Hold” and an average price target of $37.63.

Institutional investors have recently added to or reduced their stakes in the company. Copper Rock Capital Partners LLC raised its holdings in shares of BankUnited by 9.7% during the 2nd quarter. Copper Rock Capital Partners LLC now owns 445,443 shares of the financial services provider’s stock valued at $15,029,000 after buying an additional 39,358 shares during the period. Bailard Inc. purchased a new stake in shares of BankUnited during the 2nd quarter valued at about $506,000. CIBC Private Wealth Group LLC raised its holdings in shares of BankUnited by 50.1% during the 1st quarter. CIBC Private Wealth Group LLC now owns 54,919 shares of the financial services provider’s stock valued at $1,834,000 after buying an additional 18,338 shares during the period. Natixis Advisors L.P. raised its holdings in shares of BankUnited by 8.7% during the 2nd quarter. Natixis Advisors L.P. now owns 153,880 shares of the financial services provider’s stock valued at $5,192,000 after buying an additional 12,322 shares during the period. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of BankUnited by 603.6% during the 1st quarter. Rockefeller Capital Management L.P. now owns 3,870 shares of the financial services provider’s stock valued at $129,000 after buying an additional 3,320 shares during the period. Institutional investors own 97.78% of the company’s stock.

About BankUnited

BankUnited, Inc operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, savings accounts, and certificates of deposit; and treasury management services.

Featured Article: How does a margin account work?

Receive News & Ratings for BankUnited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BankUnited and related companies with MarketBeat.com's FREE daily email newsletter.