BankUnited (NYSE:BKU) gets downgraded to Equal Weight by Morgan Stanley

ME Staff
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Analyst Ratings For BankUnited (NYSE:BKU)

Today, BankUnited (NYSE:BKU) stock was downgraded by Morgan Stanley from Overweight to Equal Weight.

There are 5 Hold Ratings, 5 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on BankUnited (NYSE:BKU) is Hold with a consensus target price of $44.1111 per share, a potential 18.48% upside.

Some recent analyst ratings include

  • 9/18/2018-BankUnited (NYSE:BKU) gets downgraded to Equal Weight by Morgan Stanley
  • 3/21/2018-BankUnited (NYSE:BKU) has coverage initiated with a Neutral rating and $45.00 price target
  • 2/7/2018-BankUnited (NYSE:BKU) gets downgraded to Market Perform by Hovde Group with a price target of $44.00
  • 1/24/2018-BankUnited (NYSE:BKU) had its Outperform ➝ Market Perform rating reiterated by Keefe, Bruyette & Woods with a $41.00 price target
  • 1/9/2018-BankUnited (NYSE:BKU) had its Outperform rating reiterated by Wells Fargo & Co with a $50.00 price target

Recent Insider Trading Activity For BankUnited (NYSE:BKU)
BankUnited (NYSE:BKU) has insider ownership of 2.30% and institutional ownership of 94.72%.

  • On 8/28/2018 John N. Digiacomo, Director, bought 500 with an average share price of $39.86 per share and the total transaction amounting to $19,930.00.
  • On 8/13/2018 Thomas M Cornish, COO, sold 10,000 with an average share price of $40.02 per share and the total transaction amounting to $400,200.00.
  • On 5/22/2018 Rajinder P Singh, Insider, sold 74,927 with an average share price of $43.26 per share and the total transaction amounting to $3,241,342.02.
  • On 5/17/2018 Rajinder P Singh, Insider, sold 122,451 with an average share price of $41.89 per share and the total transaction amounting to $5,129,472.39.
  • On 5/4/2018 Mark Bagnoli, Insider, sold 1,000 with an average share price of $40.63 per share and the total transaction amounting to $40,630.00.
  • On 3/13/2018 Eugene F Demark, Director, sold 2,682 with an average share price of $42.92 per share and the total transaction amounting to $115,111.44.
  • On 3/13/2018 Jeffrey Starr, Insider, sold 2,805 with an average share price of $42.89 per share and the total transaction amounting to $120,306.45.

About BankUnited (NYSE:BKU)
BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit; and treasury management services. Its loans portfolio includes small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal and non-profit loans and leases, commercial and residential mortgage warehouse lines of credit, letters of credit, and consumer loans, as well as purchases performing residential loans. The company also offers integrated on-line, mobile, and telephone banking services. As of December 31, 2017, it operated through a network of 87 branches located in 15 Florida counties; and 6 banking centers in the New York metropolitan area, as well as 89 automated teller machines. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was founded in 2009 and is headquartered in Miami Lakes, Florida.

Recent Trading Activity for BankUnited (NYSE:BKU)
Shares of BankUnited closed the previous trading session at 37,23 −0,42 1,12 % with 704600 shares trading hands.