FCB Financial Holdings, Inc. (NYSE:FCB) insider Stuart I. Oran sold 11,142 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $47.85, for a total value of $533,144.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of FCB Financial Holdings, Inc. (NYSE:FCB) traded up $1.05 during trading on Monday, hitting $48.85. The company had a trading volume of 210,221 shares, compared to its average volume of 242,130. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76. FCB Financial Holdings, Inc. has a twelve month low of $39.90 and a twelve month high of $50.33. The firm has a market capitalization of $2,094.91, a PE ratio of 17.64, a PEG ratio of 1.19 and a beta of 1.30.
FCB Financial Holdings (NYSE:FCB) last announced its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. FCB Financial Holdings had a return on equity of 11.42% and a net margin of 34.09%. The business had revenue of $84.21 million during the quarter, compared to analysts’ expectations of $87.16 million. During the same period in the previous year, the firm earned $0.60 earnings per share. research analysts predict that FCB Financial Holdings, Inc. will post 2.84 earnings per share for the current fiscal year.
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A number of large investors have recently bought and sold shares of FCB. Tower Research Capital LLC TRC acquired a new position in FCB Financial Holdings in the second quarter valued at about $109,000. Valeo Financial Advisors LLC acquired a new position in FCB Financial Holdings in the third quarter valued at about $146,000. Ameritas Investment Partners Inc. grew its stake in FCB Financial Holdings by 19.5% in the second quarter. Ameritas Investment Partners Inc. now owns 3,091 shares of the bank’s stock valued at $148,000 after acquiring an additional 504 shares during the period. M&R Capital Management Inc. grew its stake in FCB Financial Holdings by 600.0% in the second quarter. M&R Capital Management Inc. now owns 3,500 shares of the bank’s stock valued at $152,000 after acquiring an additional 3,000 shares during the period. Finally, Victory Capital Management Inc. grew its stake in FCB Financial Holdings by 17.6% in the second quarter. Victory Capital Management Inc. now owns 4,062 shares of the bank’s stock valued at $194,000 after acquiring an additional 609 shares during the period. 92.62% of the stock is owned by hedge funds and other institutional investors.
FCB has been the subject of a number of analyst reports. BidaskClub cut FCB Financial Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $51.00 price objective on shares of FCB Financial Holdings in a research note on Tuesday, October 3rd. ValuEngine cut FCB Financial Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research raised FCB Financial Holdings from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research note on Friday, July 28th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $54.00 price objective on shares of FCB Financial Holdings in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $53.40.
About FCB Financial Holdings
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.
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