$0.57 EPS Expected for BankUnited (BKU)

July 18, 2017 - By Stephen Andrade

 $0.57 EPS Expected for BankUnited (BKU)
Investors sentiment decreased to 1.02 in 2016 Q4. Its down 0.05, from 1.07 in 2016Q3. It dived, as 27 investors sold BankUnited shares while 82 reduced holdings. 37 funds opened positions while 74 raised stakes. 98.31 million shares or 0.43% more from 97.89 million shares in 2016Q3 were reported.
Tiaa Cref Inv Llc invested in 0.01% or 223,476 shares. Alps Advisors Incorporated owns 0% invested in BankUnited (NYSE:BKU) for 13,383 shares. Aperio Limited Liability holds 0% of its portfolio in BankUnited (NYSE:BKU) for 7,746 shares. D E Shaw Communications Inc has 0% invested in BankUnited (NYSE:BKU). Cornercap Counsel stated it has 0.13% in BankUnited (NYSE:BKU). Princeton Alpha Mgmt Lp holds 19,770 shares. New York-based Teton Advisors has invested 0.1% in BankUnited (NYSE:BKU). Alliancebernstein Lp accumulated 68,632 shares. Blackrock Ltd Limited Liability Company accumulated 0.03% or 866,363 shares. Moreover, Suntrust Banks has 0% invested in BankUnited (NYSE:BKU). Comerica Bank has invested 0.06% in BankUnited (NYSE:BKU). National Bank Of America Corporation De has 0.01% invested in BankUnited (NYSE:BKU). Stifel Financial Corporation holds 0% of its portfolio in BankUnited (NYSE:BKU) for 18,852 shares. Fdx Advisors stated it has 0.04% in BankUnited (NYSE:BKU). Parametric Port Associates Limited Com reported 0.01% of its portfolio in BankUnited (NYSE:BKU).

Since January 30, 2017, it had 0 buys, and 5 insider sales for $91.91 million activity. 11,200 BankUnited (NYSE:BKU) shares with value of $454,750 were sold by PAULS DOUGLAS J. The insider KANAS JOHN ADAM sold 200,000 shares worth $6.78 million. 1,759 shares were sold by Roberto Joseph, worth $69,999.

Analysts await BankUnited (NYSE:BKU) to report earnings on July, 19. They expect $0.57 earnings per share, up 9.62 % or $0.05 from last year’s $0.52 per share. BKU’s profit will be $61.14M for 14.43 P/E if the $0.57 EPS becomes a reality. After $0.57 actual earnings per share reported by BankUnited for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. The stock increased 0.30% or $0.1 on July 17, reaching $32.91. About shares traded. BankUnited (NYSE:BKU) has risen 1.12% since July 18, 2016 and is uptrending. It has underperformed by 15.58% the S&P500.

BankUnited (NYSE:BKU) Ratings Coverage

Among 13 analysts covering BankUnited (NYSE:BKU), 7 have Buy rating, 1 Sell and 5 Hold. Therefore 54% are positive. BankUnited has $44 highest and $28 lowest target. $40.33’s average target is 22.55% above currents $32.91 stock price. BankUnited had 34 analyst reports since July 29, 2015 according to SRatingsIntel. Hovde Group upgraded the stock to “Market Perform” rating in Tuesday, November 1 report. BMO Capital Markets maintained the stock with “Hold” rating in Friday, July 7 report. The stock of BankUnited (NYSE:BKU) has “Outperform” rating given on Thursday, January 14 by BMO Capital Markets. On Thursday, December 1 the stock rating was initiated by FIG Partners with “Market Perform”. The firm has “Neutral” rating by JP Morgan given on Wednesday, April 26. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, July 21. The firm has “Market Perform” rating by Keefe Bruyette & Woods given on Thursday, October 22. The firm earned “Buy” rating on Wednesday, June 29 by Sandler O’Neill. The firm earned “Buy” rating on Friday, September 11 by Bank of America. Hovde Group upgraded BankUnited (NYSE:BKU) rating on Tuesday, February 14. Hovde Group has “Outperform” rating and $44 target.

BankUnited, Inc. is the bank holding firm of BankUnited . The company has market cap of $3.53 billion. The bank is a national banking association. It has a 15.26 P/E ratio. As of December 31, 2016, the Bank provided a range of banking services to individual and corporate clients through 94 banking centers located in 15 Florida counties and six banking centers in the New York metropolitan area.

More notable recent BankUnited (NYSE:BKU) news were published by: Miamiherald.com which released: “Man in blue hoodie hits a bank for an illegal payday” on June 18, 2017, also Prnewswire.com with their article: “Daily Technical Summary Reports on Banking Stocks — Signature Bank, United …” published on June 29, 2017, Law360.com published: “HMO Owners, BankUnited Strike Deal To End $1.2B RICO Suit” on July 01, 2017. More interesting news about BankUnited (NYSE:BKU) were released by: Nasdaq.com and their article: “BankUnited, Inc. (BKU) Ex-Dividend Date Scheduled for July 12, 2017” published on July 11, 2017 as well as Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: Mid-America Apartment Communities, City Holding and …” with publication date: July 10, 2017.

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