FCB Financial Holdings, Inc. (NYSE:FCB) insider Stuart I. Oran sold 37,744 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $52.83, for a total value of $1,994,015.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of FCB Financial Holdings, Inc. (FCB) opened at $51.30 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.76. The company has a market cap of $2,244.19, a PE ratio of 18.88, a PEG ratio of 1.27 and a beta of 1.36. FCB Financial Holdings, Inc. has a 1-year low of $39.90 and a 1-year high of $54.10.
FCB Financial (NYSE:FCB) last announced its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.05. FCB Financial had a net margin of 34.09% and a return on equity of 11.42%. The business had revenue of $84.21 million for the quarter, compared to the consensus estimate of $87.16 million. During the same quarter in the prior year, the firm posted $0.60 earnings per share. sell-side analysts anticipate that FCB Financial Holdings, Inc. will post 2.84 EPS for the current fiscal year.
A number of equities analysts recently issued reports on the company. Zacks Investment Research upgraded FCB Financial from a “sell” rating to a “hold” rating in a research note on Monday, October 9th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $51.00 target price on shares of FCB Financial in a research note on Tuesday, October 3rd. Royal Bank of Canada reaffirmed a “buy” rating and set a $54.00 price target on shares of FCB Financial in a research report on Wednesday, October 25th. Finally, ValuEngine downgraded shares of FCB Financial 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, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $53.40.
Hedge funds have recently made changes to their positions in the business. Tower Research Capital LLC TRC acquired a new position in shares of FCB Financial in the 2nd quarter worth approximately $109,000. Valeo Financial Advisors LLC acquired a new stake in FCB Financial in the third quarter valued at approximately $146,000. Ameritas Investment Partners Inc. lifted its stake in shares of FCB Financial by 19.5% in 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 during the last quarter. M&R Capital Management Inc. lifted its stake in shares of FCB Financial by 600.0% in 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 during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of FCB Financial by 17.6% in 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 during the last quarter. 93.98% of the stock is owned by institutional investors.
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FCB Financial Company 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.
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