Analysts See $0.58 EPS for RLI Corp. (RLI); Hahn Capital Management Lowered Bankunited (BKU) Holding By $8.48 Million

June 20, 2017 - By Ellis Scott

Analysts expect RLI Corp. (NYSE:RLI) to report $0.58 EPS on July, 18.They anticipate $0.03 EPS change or 4.92% from last quarter’s $0.61 EPS. RLI’s profit would be $25.38 million giving it 24.13 P/E if the $0.58 EPS is correct. After having $0.44 EPS previously, RLI Corp.’s analysts see 31.82% EPS growth. The stock decreased 1.53% or $0.87 during the last trading session, reaching $55.99. About shares traded. RLI Corp. (NYSE:RLI) has declined 13.83% since June 20, 2016 and is downtrending. It has underperformed by 30.53% the S&P500.

Hahn Capital Management Llc decreased Bankunited (BKU) stake by 17.43% reported in 2016Q4 SEC filing. Hahn Capital Management Llc sold 229,211 shares as Bankunited (BKU)’s stock declined 15.67%. The Hahn Capital Management Llc holds 1.09M shares with $40.92M value, down from 1.31M last quarter. Bankunited now has $3.62B valuation. The stock increased 0.12% or $0.04 during the last trading session, reaching $34.18. About shares traded. BankUnited (NYSE:BKU) has risen 1.12% since June 20, 2016 and is uptrending. It has underperformed by 15.58% the S&P500.

Since January 3, 2017, it had 1 insider purchase, and 3 sales for $299,141 activity. Another trade for 1,008 shares valued at $62,365 was made by STONE MICHAEL J on Tuesday, January 3. RESTREPO ROBERT P JR also bought $94,872 worth of RLI Corp. (NYSE:RLI) on Monday, May 8.

Among 6 analysts covering RLI Corporation (NYSE:RLI), 0 have Buy rating, 3 Sell and 3 Hold. Therefore 0 are positive. RLI Corporation had 13 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Mkt Perform” rating given on Thursday, September 3 by FBR Capital. The stock of RLI Corp. (NYSE:RLI) has “Outperform” rating given on Monday, August 3 by FBR Capital. The rating was upgraded by Keefe Bruyette & Woods to “Market Perform” on Thursday, January 7. RBC Capital Markets maintained the shares of RLI in report on Tuesday, May 23 with “Sell” rating. The firm has “Neutral” rating by Compass Point given on Wednesday, January 27. The stock has “Neutral” rating by Compass Point on Wednesday, October 21. The firm has “Hold” rating by FBR Capital given on Friday, April 21. RBC Capital Markets maintained RLI Corp. (NYSE:RLI) on Wednesday, October 21 with “Sector Perform” rating. RBC Capital Markets downgraded RLI Corp. (NYSE:RLI) rating on Friday, December 9. RBC Capital Markets has “Underperform” rating and $53 target.

RLI Corp. is a specialty insurance company. The company has market cap of $2.45 billion. The Firm underwrites selected property and casualty insurance through subsidiaries, as well as offers insurance coverages in both the specialty admitted, and excess and surplus markets. It has a 24.09 P/E ratio. It operates through Casualty, Property and Surety divisions.

Investors sentiment increased to 1.23 in Q4 2016. Its up 0.15, from 1.08 in 2016Q3. It is positive, as 20 investors sold RLI Corp. shares while 55 reduced holdings. 30 funds opened positions while 62 raised stakes. 35.58 million shares or 3.15% more from 34.49 million shares in 2016Q3 were reported. Riverhead Capital Limited Liability Company holds 0.01% or 1,400 shares. Gsa Capital Prns Ltd Liability Partnership owns 9,600 shares. Nomura Asset Comm reported 0% of its portfolio in RLI Corp. (NYSE:RLI). 348 were reported by Tower Capital (Trc). Jane Street Grp Ltd reported 0% stake. 32,502 are held by Jennison Associate Ltd. Neuberger Berman Gp Limited Liability Company holds 0.2% in RLI Corp. (NYSE:RLI) or 2.31M shares. Teacher Retirement Systems Of Texas holds 3,175 shares. Capstone Asset Management holds 0.02% or 9,870 shares in its portfolio. National Bank Of America De invested in 0% or 144,125 shares. Franklin Res reported 391,118 shares. Eaton Vance Management reported 82,459 shares. Natl Bank Of New York Mellon holds 0.01% of its portfolio in RLI Corp. (NYSE:RLI) for 729,855 shares. Bluecrest Cap Mngmt Ltd invested in 4,966 shares. American Century Cos holds 0.02% or 246,549 shares in its portfolio.

Analysts await BankUnited (NYSE:BKU) to report earnings on July, 19. They expect $0.57 EPS, up 9.62% or $0.05 from last year’s $0.52 per share. BKU’s profit will be $60.37 million for 14.99 P/E if the $0.57 EPS becomes a reality. After $0.57 actual EPS reported by BankUnited for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since January 30, 2017, it had 0 buys, and 5 insider sales for $91.91 million activity. PAULS DOUGLAS J sold 11,200 shares worth $454,750. KANAS JOHN ADAM sold $851,179 worth of BankUnited (NYSE:BKU) on Wednesday, March 15. Roberto Joseph sold 1,759 shares worth $69,999.

Among 12 analysts covering BankUnited (NYSE:BKU), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. BankUnited had 31 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Barclays Capital given on Thursday, November 5. Hovde Group upgraded the stock to “Outperform” rating in Tuesday, January 19 report. The rating was maintained by RBC Capital Markets on Thursday, July 21 with “Outperform”. The stock of BankUnited (NYSE:BKU) earned “Buy” rating by Bank of America on Friday, September 11. Hovde Group upgraded it to “Market Perform” rating and $29 target in Tuesday, November 1 report. The firm has “Market Perform” rating by FIG Partners given on Thursday, December 1. The rating was upgraded by Keefe Bruyette & Woods to “Outperform” on Wednesday, April 26. As per Thursday, September 1, the company rating was downgraded by Hovde Group. As per Friday, May 6, the company rating was downgraded by BMO Capital Markets. As per Thursday, May 19, the company rating was downgraded by Goldman Sachs.

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