FCB Financial Holdings, Inc. (NYSE:FCB) insider Stuart I. Oran sold 11,142 shares of FCB Financial stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $47.85, for a total value of $533,144.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
FCB Financial Holdings, Inc. (NYSE:FCB) traded down $0.05 during trading on Wednesday, reaching $51.15. The company had a trading volume of 128,612 shares, compared to its average volume of 241,751. FCB Financial Holdings, Inc. has a fifty-two week low of $39.90 and a fifty-two week high of $54.10. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.93. The company has a market capitalization of $2,307.81, a PE ratio of 19.41, a P/E/G ratio of 1.31 and a beta of 1.36.
FCB Financial (NYSE:FCB) last posted 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. FCB Financial 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 quarter last year, the company posted $0.60 earnings per share. sell-side analysts anticipate that FCB Financial Holdings, Inc. will post 2.84 earnings per share for the current year.
Large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC bought a new stake in shares of FCB Financial during the second quarter worth approximately $109,000. Valeo Financial Advisors LLC bought a new stake in shares of FCB Financial during the third quarter worth approximately $146,000. Ameritas Investment Partners Inc. boosted its holdings in shares of FCB Financial 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 acquiring an additional 504 shares during the period. M&R Capital Management Inc. boosted its holdings in shares of FCB Financial 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 acquiring an additional 3,000 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of FCB Financial 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 acquiring an additional 609 shares during the period. Institutional investors own 94.08% of the company’s stock.
A number of equities analysts recently commented on the company. Royal Bank Of Canada reiterated a “buy” rating and set a $54.00 price target on shares of FCB Financial in a report on Friday, September 8th. Zacks Investment Research upgraded FCB Financial from a “sell” rating to a “hold” rating in a report on Monday, October 9th. ValuEngine cut FCB Financial from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $51.00 price target on shares of FCB Financial in a report on Tuesday, October 3rd. One 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. The company has a consensus rating of “Hold” and an average price target of $53.40.
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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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