BankUnited, Inc. (BKU)’s President and CEO Rajinder Singh Sold 74927 shares of the Company; PennyMac Financial Services, Inc. (PFSI) Had 7 Bullish Analysts

BankUnited, Inc. (NYSE:BKU) Logo

Among 12 analysts covering PennyMac Financial Services (NYSE:PFSI), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. PennyMac Financial Services had 33 analyst reports since December 10, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, May 7 by Wood. Keefe Bruyette & Woods downgraded the stock to “Hold” rating in Monday, January 8 report. Keefe Bruyette & Woods maintained the shares of PFSI in report on Thursday, December 21 with “Buy” rating. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Friday, June 9 report. The firm has “Buy” rating by Piper Jaffray given on Sunday, September 17. As per Thursday, September 28, the company rating was maintained by Keefe Bruyette & Woods. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) has “Market Perform” rating given on Monday, January 8 by Wood. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, November 2. JMP Securities downgraded the shares of PFSI in report on Wednesday, February 8 to “Mkt Perform” rating. Wells Fargo maintained the stock with “Outperform” rating in Wednesday, April 4 report. See PennyMac Financial Services, Inc. (NYSE:PFSI) latest ratings:

07/05/2018 Broker: Keefe Bruyette & Woods Rating: Buy Upgrade
07/05/2018 Broker: Wood Old Rating: Market Perform New Rating: Outperform Upgrade
04/05/2018 Broker: Wells Fargo Rating: Hold New Target: $21.0000 Downgrade
04/04/2018 Broker: Wells Fargo Rating: Outperform New Target: $28 Maintain
16/02/2018 Broker: Wedbush Rating: Buy New Target: $30.0 Initiate
09/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $25.0 Maintain
08/01/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $24.0 Downgrade
08/01/2018 Broker: Wood Old Rating: Outperform New Rating: Market Perform Downgrade
04/01/2018 Broker: Piper Jaffray Rating: Buy New Target: $31.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $24.0 Maintain

Another recent and important BankUnited, Inc. (NYSE:BKU) news was published by Seekingalpha.com which published an article titled: “BankUnited’s (BKU) CEO Raj Singh on Q1 2018 Results – Earnings Call Transcript” on April 25, 2018.

The stock decreased 1.02% or $0.44 during the last trading session, reaching $42.8. About 465,801 shares traded. BankUnited, Inc. (NYSE:BKU) has risen 10.76% since May 24, 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 $4.54 billion. The firm offers deposit products, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit. It has a 7.67 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.

Analysts await BankUnited, Inc. (NYSE:BKU) to report earnings on July, 25. They expect $0.79 earnings per share, up 31.67% or $0.19 from last year’s $0.6 per share. BKU’s profit will be $83.80M for 13.54 P/E if the $0.79 EPS becomes a reality. After $0.77 actual earnings per share reported by BankUnited, Inc. for the previous quarter, Wall Street now forecasts 2.60% EPS growth.

Among 18 analysts covering BankUnited (NYSE:BKU), 7 have Buy rating, 3 Sell and 8 Hold. Therefore 39% are positive. BankUnited has $50.0 highest and $28 lowest target. $43’s average target is 0.47% above currents $42.8 stock price. BankUnited had 57 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Wednesday, January 24 by Barclays Capital. The firm has “Underweight” rating given on Wednesday, November 1 by JP Morgan. The firm has “Hold” rating by Sandler O’Neill given on Thursday, July 21. The company was upgraded on Tuesday, November 1 by Hovde Group. Keefe Bruyette & Woods upgraded the stock to “Outperform” rating in Wednesday, April 26 report. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. The company was upgraded on Tuesday, December 6 by Barclays Capital. The stock of BankUnited, Inc. (NYSE:BKU) earned “Outperform” rating by BMO Capital Markets on Thursday, January 14. Hovde Group downgraded BankUnited, Inc. (NYSE:BKU) rating on Thursday, July 21. Hovde Group has “Market Perform” rating and $30 target. The firm has “Market Perform” rating given on Thursday, October 22 by Keefe Bruyette & Woods.

Since January 25, 2018, it had 0 insider buys, and 6 insider sales for $7.31 million activity. On Friday, May 4 the insider Bagnoli Mark sold $40,631. The insider Starr Jeffrey sold $120,307. The insider Bansal Rishi sold $216,150. $115,100 worth of BankUnited, Inc. (NYSE:BKU) was sold by DeMark Eugene F. Shares for $1.68 million were sold by PAULS DOUGLAS J. Singh Rajinder P sold $5.13M worth of BankUnited, Inc. (NYSE:BKU) on Wednesday, May 16.

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.15, from 1.05 in 2017Q3. It is positive, 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. Victory Cap Mngmt accumulated 0.14% or 1.64M shares. Morgan Stanley reported 1.30M shares. Assetmark holds 60 shares or 0% of its portfolio. Credit Suisse Ag has 113,949 shares for 0% of their portfolio. Dumont And Blake Advisors Limited Liability Corporation has 0.19% invested in BankUnited, Inc. (NYSE:BKU) for 11,768 shares. Nwq Management Com Ltd Llc owns 513,650 shares. Boothbay Fund Limited Liability invested in 0.04% or 6,593 shares. 1.13 million are held by Strs Ohio. Tdam Usa owns 54,413 shares for 0.13% of their portfolio. Brant Point Inv Mngmt Ltd owns 71,558 shares or 0.3% of their US portfolio. Fdx Advsr accumulated 23,691 shares. Connecticut-based Endeavour Cap Advsr has invested 0.5% in BankUnited, Inc. (NYSE:BKU). Pub Employees Retirement Sys Of Ohio has invested 0.06% in BankUnited, Inc. (NYSE:BKU). Century holds 0.06% or 1.48 million shares in its portfolio. D E Shaw And Com Inc reported 155,355 shares or 0.01% of all its holdings.

Not a long ago, the President and CEO of Bankunited Inc, Mr. Rajinder Singh, unloaded a sizable amount of company shares – 74,927, totalling $3,241,547 U.S. Dollars, based on an avg price of $43.3 of a share. He also sold 122,451 shares that are worth approx $5,129,212 USD in the last month. Currently, Mr. Rajinder, has in hand 272,872 shares, which accounts for 0.26% of the company’s market capitalization.

Since December 8, 2017, it had 0 insider purchases, and 60 insider sales for $16.71 million activity. $227,070 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) shares were sold by Botein Matthew. Jones Doug sold 30,372 shares worth $698,165. The insider Fartaj Vandad sold $13,860. The insider Perotti Daniel Stanley sold 16,325 shares worth $398,190. The insider KURLAND STANFORD L sold 91,038 shares worth $2.10M. Another trade for 15,000 shares valued at $332,977 was made by Grogin Jeffrey on Monday, January 29. 10,000 shares valued at $219,038 were sold by Walker David M on Thursday, December 14.

It closed at $20.65 lastly. It is down 37.69% since May 24, 2017 and is uptrending. It has outperformed by 26.14% the S&P500.

Investors sentiment increased to 1.22 in Q4 2017. Its up 0.16, from 1.06 in 2017Q3. It is positive, as 10 investors sold PennyMac Financial Services, Inc. shares while 27 reduced holdings. 19 funds opened positions while 26 raised stakes. 21.64 million shares or 2.18% more from 21.18 million shares in 2017Q3 were reported. 18,600 are owned by Td Asset Mgmt Inc. Deutsche Natl Bank Ag has 109,845 shares. International Grp reported 10,711 shares stake. Livforsakringsbolaget Skandia Omsesidigt has invested 0.01% in PennyMac Financial Services, Inc. (NYSE:PFSI). Tiaa Cref Mngmt Ltd Llc holds 0% or 64,993 shares. Susquehanna Grp Ltd Liability Partnership stated it has 16,636 shares or 0% of all its holdings. Citigroup stated it has 7,412 shares. Nordea Ab invested in 144,900 shares or 0.01% of the stock. Victory Cap Incorporated, Ohio-based fund reported 11,588 shares. Trexquant Inv Ltd Partnership holds 22,397 shares. Northern Tru reported 185,163 shares stake. State Street Corp has 0% invested in PennyMac Financial Services, Inc. (NYSE:PFSI) for 267,063 shares. Strs Ohio has invested 0% of its portfolio in PennyMac Financial Services, Inc. (NYSE:PFSI). Schwab Charles Mngmt invested 0% in PennyMac Financial Services, Inc. (NYSE:PFSI). Retail Bank Of Mellon accumulated 103,649 shares.

PennyMac Financial Services, Inc. (NYSE:PFSI) Institutional Positions Chart