Will Bankunited Inc (NYSE:BKU) Run Out of Steam Soon? Short Interest Is Down

April 19, 2018 - By Marie Mckinney

BankUnited, Inc. (NYSE:BKU) Logo

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.15, from 1.05 in 2017Q3. It improved, as 28 investors sold BankUnited, Inc. shares while 68 reduced holdings. 35 funds opened positions while 80 raised stakes. 97.52 million shares or 0.11% less from 97.63 million shares in 2017Q3 were reported.
Rhumbline Advisers stated it has 93,934 shares. Aperio Grp Incorporated Ltd Company reported 32,684 shares. Shine Advisory holds 200 shares. Bb&T Secs Ltd reported 6,279 shares or 0% of all its holdings. 1.30M are held by Morgan Stanley. Wells Fargo Co Mn stated it has 0.01% of its portfolio in BankUnited, Inc. (NYSE:BKU). Brant Point Invest Management Limited Co has 0.3% invested in BankUnited, Inc. (NYSE:BKU). Royal National Bank Of Canada accumulated 1.05 million shares. Vanguard Gru Incorporated reported 9.04 million shares. Ubs Asset Management Americas stated it has 0.01% in BankUnited, Inc. (NYSE:BKU). Moreover, Trust Of Vermont has 0% invested in BankUnited, Inc. (NYSE:BKU) for 800 shares. Proshare Ltd owns 15,640 shares or 0% of their US portfolio. Blair William And Communications Il invested in 82,082 shares or 0.02% of the stock. Ameriprise Fincl has 1.08M shares. Oppenheimer Asset Mgmt Incorporated holds 15,482 shares.

Since January 25, 2018, it had 0 insider purchases, and 4 insider sales for $2.14 million activity. On Tuesday, March 13 the insider DeMark Eugene F sold $115,100. Another trade for 40,000 shares valued at $1.68 million was made by PAULS DOUGLAS J on Thursday, January 25. Bansal Rishi had sold 5,000 shares worth $216,150.

The stock of Bankunited Inc (NYSE:BKU) registered a decrease of 0.27% in short interest. BKU’s total short interest was 2.77M shares in April as published by FINRA. Its down 0.27% from 2.78M shares, reported previously. With 1.11 million shares average volume, it will take short sellers 3 days to cover their BKU’s short positions. The short interest to Bankunited Inc’s float is 2.62%.

The stock increased 0.56% or $0.22 during the last trading session, reaching $39.21. About 87,450 shares traded. BankUnited, Inc. (NYSE:BKU) has risen 10.76% since April 19, 2017 and is uptrending. It has underperformed by 0.79% the S&P500.

BankUnited, Inc. operates as the bank holding firm for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate clients in the United States. The company has market cap of $4.16 billion. The firm offers deposit products, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit. It has a 7.03 P/E ratio. The Company’s loans portfolio includes small business loans, commercial real estate loans, equipment loans and leases, term loans, formula loans, municipal and non-profit loans and leases, commercial and mortgage warehouse lines of credit, letters of credit, and consumer loans, as well as residential loans.

BankUnited, Inc. (NYSE:BKU) Ratings Coverage

Among 13 analysts covering BankUnited (NYSE:BKU), 4 have Buy rating, 2 Sell and 7 Hold. Therefore 31% are positive. BankUnited had 20 analyst reports since November 1, 2017 according to SRatingsIntel. As per Monday, February 26, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Sell” rating by J.P. Morgan on Wednesday, November 1. BMO Capital Markets maintained BankUnited, Inc. (NYSE:BKU) on Monday, December 18 with “Buy” rating. The stock has “Market Perform” rating by Wood on Wednesday, January 24. The company was maintained on Wednesday, November 15 by BMO Capital Markets. Wells Fargo maintained the stock with “Buy” rating in Tuesday, January 9 report. The company was upgraded on Monday, November 20 by BMO Capital Markets. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, January 24 report. The rating was maintained by Barclays Capital with “Buy” on Tuesday, January 2. As per Tuesday, January 23, the company rating was maintained by BMO Capital Markets.

BankUnited, Inc. (NYSE:BKU) Ratings Chart

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