BankUnited (NYSE:BKU) price target lowered to $46.00 by Morgan Stanley

ME Staff
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Analyst Ratings For BankUnited (NYSE:BKU)

Today, Morgan Stanley lowered its price target on BankUnited (NYSE:BKU) to $46.00 per share.

There are 6 Buy Ratings, 4 Hold 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 13.13% upside.

Some recent analyst ratings include

  • 3/21/2018-UBS Group initiated coverage with a Neutral rating.
  • 2/7/2018-Hovde Group was Downgraded by analysts at Hovde Group from a “Outperform ” rating to a ” Market Perform” rating. They now have a $44.00 price target on the stock, up previously from $45.00 .
  • 1/24/2018-Keefe, Bruyette & Woods Reiterated Rating of Outperform .
  • 1/9/2018-Wells Fargo & Co Reiterated Rating of Outperform.

Recent Insider Trading Activity For BankUnited (NYSE:BKU)
BankUnited (NYSE:BKU) has insider ownership of 2.30% and institutional ownership of 95.65%.

  • 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.
  • On 1/25/2018 Douglas J Pauls, Director, sold 40,000 with an average share price of $42.12 per share and the total transaction amounting to $1,684,800.00.
  • On 11/21/2017 Mark Bagnoli, Insider, sold 1,000 with an average share price of $35.88 per share and the total transaction amounting to $35,880.00.

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 39.06 −0.35 0.89% with 39.43 shares trading hands.