Quantbot Technologies LP bought a new position in shares of BankUnited, Inc. (NYSE:BKU – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 108,119 shares of the financial services provider’s stock, valued at approximately $5,238,000. Quantbot Technologies LP owned about 0.15% of BankUnited at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the stock. Allworth Financial LP acquired a new stake in shares of BankUnited in the second quarter worth about $26,000. Strs Ohio acquired a new position in shares of BankUnited during the 1st quarter valued at about $28,000. Eurizon Capital SGR S.p.A. acquired a new position in shares of BankUnited during the 4th quarter valued at about $30,000. Kestra Advisory Services LLC bought a new position in shares of BankUnited in the 4th quarter valued at approximately $35,000. Finally, Quarry LP raised its stake in shares of BankUnited by 158.2% in the 3rd quarter. Quarry LP now owns 940 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 576 shares in the last quarter. 99.70% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other BankUnited news, Director John N. Digiacomo sold 1,000 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $45.97, for a total value of $45,970.00. Following the sale, the director directly owned 15,027 shares in the company, valued at $690,791.19. This trade represents a 6.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jay D. Richards sold 4,000 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $48.67, for a total transaction of $194,680.00. Following the transaction, the insider owned 40,502 shares in the company, valued at approximately $1,971,232.34. The trade was a 8.99% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 8,000 shares of company stock valued at $384,350. 1.00% of the stock is owned by company insiders.
BankUnited Price Performance
BankUnited (NYSE:BKU – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.97 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.03). BankUnited had a return on equity of 9.13% and a net margin of 14.76%.The business had revenue of $284.57 million during the quarter, compared to the consensus estimate of $290.33 million. During the same period in the prior year, the firm earned $0.91 earnings per share. The business’s quarterly revenue was up 3.9% on a year-over-year basis. Research analysts predict that BankUnited, Inc. will post 4.01 earnings per share for the current year.
BankUnited Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 10th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.32 dividend on an annualized basis and a yield of 2.8%. BankUnited’s payout ratio is 36.16%.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on BKU shares. Wells Fargo & Company assumed coverage on BankUnited in a report on Monday, August 10th. They issued an “overweight” rating and a $54.00 target price for the company. Jefferies Financial Group reissued a “buy” rating on shares of BankUnited in a research report on Wednesday, July 22nd. Zacks Research cut shares of BankUnited from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Weiss Ratings raised shares of BankUnited from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 29th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $56.00 price objective on shares of BankUnited in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, BankUnited currently has an average rating of “Hold” and a consensus price target of $51.64.
Read Our Latest Stock Analysis on BankUnited
Key BankUnited News
Here are the key news stories impacting BankUnited this week:
- Positive Sentiment: Zacks Research marginally increased its FY2026 EPS forecast to $4.03 from $4.02, above the broader consensus estimate of $4.01. However, Zacks still maintains a “Strong Sell” rating. BankUnited analyst estimate report
- Neutral Sentiment: A Zacks review noted that BankUnited’s shares are down 1.6% since the company’s latest earnings report. BankUnited reported quarterly EPS of $0.97, below the $1.00 consensus estimate, while revenue of $284.6 million also trailed expectations. Revenue nevertheless increased 3.9% year over year. Why Is BankUnited Down Since Earnings
- Negative Sentiment: A BankUnited executive sold 3,517 shares valued at approximately $164,701, reducing the executive’s direct equity position by 39% in one day. The transaction may weigh modestly on sentiment, although it does not necessarily indicate a change in the company’s fundamentals. BankUnited Executive Stock Sale
- Negative Sentiment: Zacks Research downgraded BKU from “Hold” to “Strong Sell,” its most bearish rating, adding pressure to the stock’s outlook. Zacks BankUnited Rating
- Negative Sentiment: Zacks also trimmed several forward EPS forecasts, including Q4 2026 to $1.16 from $1.17, Q1 2027 to $1.08 from $1.09, Q3 2027 to $1.12 from $1.13, and FY2027 to $4.52 from $4.53. The reductions are small but reinforce concerns about near-term earnings momentum. BankUnited Earnings Estimate Revisions
BankUnited Company Profile
BankUnited, Inc is a bank holding company based in Miami Lakes, Florida, operating through its subsidiary BankUnited, National Association. The company provides a broad range of commercial banking products and services, including deposit accounts, commercial lending and treasury management. It serves middle-market and small-business clients, offering tailored financing solutions across a variety of industry sectors.
The bank’s lending portfolio includes commercial and industrial loans, commercial real estate loans and construction financing, as well as residential mortgage lending.
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