FCB Financial Holdings, Inc. (FCB) Shares Bought by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lifted its stake in shares of FCB Financial Holdings, Inc. (NYSE:FCB) by 6.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 163,019 shares of the bank’s stock after buying an additional 10,100 shares during the period. Gamco Investors INC. ET AL owned about 0.38% of FCB Financial Holdings worth $7,874,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new position in shares of FCB Financial Holdings during the second quarter worth $109,000. Oppenheimer Asset Management Inc. acquired a new position in shares of FCB Financial Holdings during the first quarter worth $117,000. Ameritas Investment Partners Inc. increased its holdings in shares of FCB Financial Holdings by 19.5% during the second quarter. Ameritas Investment Partners Inc. now owns 3,091 shares of the bank’s stock worth $148,000 after buying an additional 504 shares in the last quarter. M&R Capital Management Inc. increased its holdings in shares of FCB Financial Holdings by 600.0% during the second quarter. M&R Capital Management Inc. now owns 3,500 shares of the bank’s stock worth $152,000 after buying an additional 3,000 shares in the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of FCB Financial Holdings by 17.6% during the second quarter. Victory Capital Management Inc. now owns 4,062 shares of the bank’s stock worth $194,000 after buying an additional 609 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

In other FCB Financial Holdings news, insider Stuart I. Oran sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $45.20, for a total transaction of $135,600.00. Following the sale, the insider now owns 10,104 shares of the company’s stock, valued at $456,700.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul A. Novelly sold 1,813 shares of the company’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $43.98, for a total transaction of $79,735.74. Following the sale, the director now directly owns 2,000 shares in the company, valued at approximately $87,960. The disclosure for this sale can be found here. In the last three months, insiders sold 523,411 shares of company stock worth $23,867,598. 15.40% of the stock is currently owned by insiders.

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Shares of FCB Financial Holdings, Inc. (FCB) opened at $45.60 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.94 and a debt-to-equity ratio of 0.76. FCB Financial Holdings, Inc. has a one year low of $39.05 and a one year high of $50.33. The firm has a market cap of $1,998.47, a price-to-earnings ratio of 16.83, a P/E/G ratio of 1.13 and a beta of 1.30.

FCB Financial Holdings (NYSE:FCB) last issued its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.05. FCB Financial Holdings had a net margin of 34.09% and a return on equity of 11.42%. The company had revenue of $84.21 million for the quarter, compared to analysts’ expectations of $87.16 million. During the same quarter in the previous year, the firm posted $0.60 earnings per share. analysts forecast that FCB Financial Holdings, Inc. will post 2.84 EPS for the current year.

Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of FCB Financial Holdings from a “sell” rating to a “hold” rating in a report on Monday, October 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $51.00 price target on shares of FCB Financial Holdings in a report on Tuesday, October 3rd. BidaskClub cut shares of FCB Financial Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Royal Bank Of Canada started coverage on shares of FCB Financial Holdings in a research note on Monday, July 17th. They issued an “outperform” rating and a $56.00 price objective on the stock. Finally, ValuEngine cut shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $53.40.

FCB Financial Holdings Profile

FCB Financial Holdings, Inc is a bank holding company with a national bank subsidiary, Florida Community Bank, National Association (the Bank). The Company operates in the Community Banking segment. Through the Bank, the Company provides a range of retail and commercial banking services. As of December 31, 2016, the Company provided a range of financial products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities through 46 branches in south and central Florida.

Institutional Ownership by Quarter for FCB Financial Holdings (NYSE:FCB)

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