BankUnited Keefe, Bruyette & Woods Maintains Market Perform, Raises PT to $42
In a recent research report, Keefe, Bruyette & Woods (KBW) has revised its target price for BankUnited, Inc. (NYSE:BKU) to $42, while maintaining its "market perform" rating. The update comes amidst a series of changes in institutional ownership and analyst ratings for the financial services provider.
According to the latest SEC filings, several prominent hedge funds and institutional investors have adjusted their holdings in BankUnited during the first quarter. Among these, Royce & Associates LP increased its position by 8.8%, owning 1,250,997 shares valued at $43,084,000 [1]. Additionally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake valued at about $1,443,000, and Hussman Strategic Advisors Inc. increased its position by 14.3%, owning 84,000 shares valued at $2,893,000 [1].
BankUnited's stock performance has been mixed, with shares trading down $0.34 on Friday, reaching $38.47. The stock has a 12-month low of $28.21 and a 12-month high of $44.45. The company reported earnings per share (EPS) of $0.91 for the quarter, beating analysts' consensus estimates by $0.12 [1].
The recent earnings report also saw the company declare a quarterly dividend of $0.31 per share, payable on July 31st. This represents an annualized dividend of $1.24 and a yield of 3.22% [1].
Insiders have also been active in their trading, with Director John N. Digiacomo selling 1,000 shares and CFO Leslie Lunak selling 22,776 shares in recent transactions [1]. The company's insiders own 1.15% of the stock.
Analysts have been mixed in their ratings for BankUnited, with one analyst issuing a sell rating, eight issuing a hold rating, and three giving a buy rating. The consensus rating is "Hold" with a target price of $41.18 [1].
While KBW's target price increase to $42 may suggest a bullish outlook, investors should consider the overall market conditions and the company's fundamentals before making investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-royce-associates-lp-has-4308-million-position-in-bankunited-inc-nysebku-2025-07-24/
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