Short Interest To Observe: Could Bankunited Incorporated (NYSE:BKU) Go Down After Its Newest Short Interest Report?

November 25, 2016 - By kentuckypostne   ·   0 Comments

Short Interest To Observe: Could Bankunited Incorporated (NYSE:BKU) Go Down After Its Newest Short Interest Report?

The stock of Bankunited Incorporated (NYSE:BKU) registered a decrease of 22.9% in short interest. BKU’s total short interest was 2.37M shares in November as published by FINRA. Its down 22.9% from 3.08 million shares, reported previously. With 1.17 million shares average volume, it will take short sellers 2 days to cover their BKU’s short positions. The short interest to Bankunited Incorporated’s float is 2.32%. The stock decreased 0.03% or $0.01 during the last trading session, hitting $35.58. About 155,133 shares traded hands. BankUnited (NYSE:BKU) has risen 0.76% since April 22, 2016 and is uptrending. It has underperformed by 4.64% the S&P500.

BankUnited, Inc. is the bank holding firm of BankUnited, National Association . The company has a market cap of $3.72 billion. The Bank provides a range of banking services to individual and corporate clients through approximately 100 branches. It has a 17.55 P/E ratio. The Firm offers a range of lending products, including small business loans, commercial real estate loans, equipment loans and leases, term loans, formula loans, municipal loans and leases, commercial lines of credit, letters of credit and consumer loans.

Insitutional Activity: The institutional sentiment increased to 1.07 in 2016 Q2. Its up 0.08, from 0.99 in 2016Q1. The ratio improved, as 27 funds sold all BankUnited shares owned while 81 reduced positions. 28 funds bought stakes while 79 increased positions. They now own 96.86 million shares or 1.92% less from 98.76 million shares in 2016Q1.
Los Angeles Cap Mngmt And Equity reported 43,905 shares or 0.01% of all its holdings. Ranger Investment Mngmt Lp has 9,230 shares for 0.02% of their US portfolio. Susquehanna Int Gru Limited Liability Partnership has invested 0% of its portfolio in BankUnited (NYSE:BKU). Citadel Advsr Limited Co, a Illinois-based fund reported 1.07M shares. Farmers & Merchants Invests last reported 0% of its portfolio in the stock. Ameriprise Fincl reported 3.26 million shares or 0.06% of all its holdings. The Virginia-based Bb&T Secs Limited Liability Com has invested 0% in BankUnited (NYSE:BKU). Comerica Retail Bank has invested 0.06% of its portfolio in BankUnited (NYSE:BKU). Alyeska Grp L P holds 0.54% or 1.72 million shares in its portfolio. Hahn Capital Management Lc has 0% invested in the company for 1.39 million shares. Tudor Invest Et Al last reported 21,500 shares in the company. Jennison Ltd Co has invested 0.08% of its portfolio in BankUnited (NYSE:BKU). Eagle Boston Investment, a Massachusetts-based fund reported 52,313 shares. State Street Corporation holds 2.71M shares or 0.01% of its portfolio. Vanguard last reported 7.39 million shares in the company.

Insider Transactions: Since July 29, 2016, the stock had 0 insider purchases, and 3 sales for $245,770 net activity. Bagnoli Mark also sold $60,224 worth of BankUnited (NYSE:BKU) shares. Shares for $156,017 were sold by Starr Jeffrey on Thursday, September 15. $29,529 worth of BankUnited (NYSE:BKU) shares were sold by DeMark Eugene F.

BankUnited (NYSE:BKU) Ratings Coverage

Out of 10 analysts covering BankUnited (NYSE:BKU), 4 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 40% are positive. BankUnited has been the topic of 23 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was upgraded by Hovde Group on Tuesday, November 1 to “Market Perform”. The rating was upgraded by Bank of America to “Buy” on Friday, September 11. The firm earned “Buy” rating on Friday, January 22 by Sandler O’Neill. The firm has “Outperform” rating by Hovde Group given on Tuesday, January 19. The firm has “Sell” rating given on Thursday, May 19 by Goldman Sachs. Barclays Capital maintained it with “Equal-Weight” rating and $37 target price in Friday, January 22 report. The rating was downgraded by BMO Capital Markets to “Market Perform” on Friday, May 6. On Friday, July 24 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of BankUnited (NYSE:BKU) earned “Underperform” rating by Hovde Group on Thursday, September 1. The firm earned “Buy” rating on Friday, August 7 by Goldman Sachs.

BKU Company Profile

BankUnited, Inc., incorporated on April 28, 2009, is the bank holding firm of BankUnited, National Association (the Bank). The Bank provides a range of banking services to individual and corporate clients through approximately 100 branches. The Bank also provides commercial lending products on a national platform.

More notable recent BankUnited (NYSE:BKU) news were published by: Cnbc.com which released: “Higher wages work in the financial industry, BankUnited CEO says” on July 13, 2016, also Miamiherald.com with their article: “BankUnited stops making retail mortgage loans, lays off workers” published on January 15, 2016, Bloomberg.com published: “John Kanas to Step Down as BankUnited CEO, Replaced by Singh” on August 31, 2016. More interesting news about BankUnited (NYSE:BKU) were released by: Forbes.com and their article: “Ex-Dividend Reminder: PNC Financial Services Group, BankUnited and Clarcor” published on October 11, 2016 as well as Businesswire.com‘s news article titled: “BankUnited Appoints Two Key Executives to Lead Bridge Funding Group, Inc.” with publication date: June 20, 2016.

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