FCB Financial Holdings, Inc. (NYSE:FCB) insider Stuart I. Oran sold 11,142 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $47.85, for a total transaction of $533,144.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
FCB Financial Holdings, Inc. (NYSE FCB) opened at $48.85 on Tuesday. The company has a market cap of $2,094.91, a price-to-earnings ratio of 17.64, a PEG ratio of 1.19 and a beta of 1.30. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.93 and a current ratio of 0.94. FCB Financial Holdings, Inc. has a fifty-two week low of $39.90 and a fifty-two week high of $50.33.
FCB Financial Holdings (NYSE:FCB) last issued its quarterly earnings results on Tuesday, October 24th. The bank reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. The company had revenue of $84.21 million for the quarter, compared to analyst estimates of $87.16 million. FCB Financial Holdings had a net margin of 34.09% and a return on equity of 11.42%. During the same quarter in the previous year, the business earned $0.60 earnings per share. research analysts forecast that FCB Financial Holdings, Inc. will post 2.84 EPS for the current year.
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Several large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of FCB Financial Holdings by 9.3% during the second quarter. Vanguard Group Inc. now owns 3,089,371 shares of the bank’s stock worth $147,518,000 after purchasing an additional 262,969 shares during the period. BlackRock Inc. raised its stake in FCB Financial Holdings by 6.8% during the second quarter. BlackRock Inc. now owns 2,405,513 shares of the bank’s stock worth $114,862,000 after buying an additional 153,627 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in FCB Financial Holdings by 13.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,457,037 shares of the bank’s stock worth $70,374,000 after buying an additional 173,511 shares during the last quarter. JPMorgan Chase & Co. raised its stake in FCB Financial Holdings by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,228,478 shares of the bank’s stock worth $58,968,000 after buying an additional 6,191 shares during the last quarter. Finally, State Street Corp raised its stake in FCB Financial Holdings by 26.1% during the first quarter. State Street Corp now owns 1,090,544 shares of the bank’s stock worth $54,036,000 after buying an additional 226,033 shares during the last quarter. Institutional investors own 92.62% of the company’s stock.
A number of analysts have weighed in on FCB shares. BidaskClub lowered shares of FCB Financial Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $51.00 target price on shares of FCB Financial Holdings in a research report on Tuesday, October 3rd. ValuEngine lowered shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of FCB Financial Holdings from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Friday, July 28th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $54.00 target price on shares of FCB Financial Holdings in a research report on Wednesday, October 25th. One investment 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 target price of $53.40.
FCB Financial Holdings 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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