Moody Aldrich Partners adds BankUnited (BKU) to its portfolio

BankUnited (BKU) : Moody Aldrich Partners added new position in BankUnited during the most recent quarter end. The investment management firm now holds 32,250 shares of BankUnited which is valued at $1,112,625 , the company said in a statement filed on Apr 25, 2016 with the SEC.BankUnited makes up approximately 2.36% of Moody Aldrich Partners’s portfolio.

BankUnited opened for trading at $34.69 and hit $34.865 on the upside on Monday, eventually ending the session at $34.73, with a gain of 0.67% or 0.23 points. The heightened volatility saw the trading volume jump to 4,97,554 shares. Company has a market cap of $3,619 M.

Other Hedge Funds, Including , Washington Trust Bank added BKU to its portfolio by purchasing 65 company shares during the most recent quarter which is valued at $2,243. Cornerstone Advisors added BKU to its portfolio by purchasing 188 company shares during the most recent quarter which is valued at $6,640. BankUnited makes up approx 0.01% of Cornerstone Advisors’s portfolio.Gw&k Investment Management boosted its stake in BKU in the latest quarter, The investment management firm added 96,352 additional shares and now holds a total of 271,261 shares of BankUnited which is valued at $9,580,939. BankUnited makes up approx 0.21% of Gw&k Investment Management’s portfolio.Fox Run Management L.l.c. reduced its stake in BKU by selling 5,200 shares or 44.07% in the most recent quarter. The Hedge Fund company now holds 6,600 shares of BKU which is valued at $233,112. BankUnited makes up approx 0.15% of Fox Run Management L.l.c.’s portfolio.Skylands Capital reduced its stake in BKU by selling 2,700 shares or 3.15% in the most recent quarter. The Hedge Fund company now holds 83,050 shares of BKU which is valued at $2,917,547. BankUnited makes up approx 0.46% of Skylands Capital’s portfolio.

On the company’s financial health, BankUnited reported $0.51 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Apr 20, 2016. Analyst had a consensus of $0.52.Analysts expectations of $ 233.05.During the same quarter in the previous year, the company posted $0.44 EPS.

Many Wall Street Analysts have commented on BankUnited. Company shares were Upgraded by Deutsche Bank on Apr 13, 2016 to ” Buy”, Firm has raised the Price Target to $ 38 from a previous price target of $37 .

BankUnited Inc. is a bank holding company with one wholly owned subsidiary BankUnited National Association collectively the Company. BankUnited provides banking services to individual and corporate customers through 100 branches located in approximately 15 Florida counties and around six banking centers in the New York metropolitan area. The Company’s lending focus is to serve commercial and middle-market businesses their executives and consumers with financial products and services. It offers lending products such as small business loans commercial real estate loans equipment loans and leases term loans formula-based loans municipal loans and leases commercial lines of credit letters of credit residential mortgages and consumer loans. BankUnited offers deposit products including checking accounts money market deposit accounts savings accounts and certificates of deposit with various terms and rates.

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