FCB Financial Holdings Inc (NYSE:FCB) insider Stuart I. Oran sold 5,000 shares of the stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of $51.79, for a total value of $258,950.00. Following the completion of the transaction, the insider now directly owns 12,104 shares of the company’s stock, valued at approximately $626,866.16. The sale was disclosed in a filing with the SEC, which is accessible through this link.
FCB Financial Holdings Inc (NYSE FCB) traded up $1.50 during mid-day trading on Friday, reaching $55.35. The company had a trading volume of 231,200 shares, compared to its average volume of 224,087. FCB Financial Holdings Inc has a one year low of $39.90 and a one year high of $55.40. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76. The company has a market cap of $2,450.00, a price-to-earnings ratio of 18.76, a PEG ratio of 1.16 and a beta of 1.35.
FCB Financial (NYSE:FCB) last posted its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.05. FCB Financial had a return on equity of 11.42% and a net margin of 34.09%. The company had revenue of $84.21 million during the quarter, compared to analyst estimates of $87.16 million. During the same quarter last year, the company earned $0.60 EPS. equities research analysts predict that FCB Financial Holdings Inc will post 2.84 earnings per share for the current year.
A number of hedge funds have recently bought and sold shares of the stock. Suntrust Banks Inc. increased its position in FCB Financial by 1.6% during the 2nd quarter. Suntrust Banks Inc. now owns 8,937 shares of the bank’s stock valued at $426,000 after buying an additional 142 shares in the last quarter. HighTower Advisors LLC boosted its stake in FCB Financial by 0.8% during the 2nd quarter. HighTower Advisors LLC now owns 27,280 shares of the bank’s stock valued at $1,294,000 after purchasing an additional 227 shares during the last quarter. Campbell Newman Asset Management Inc. boosted its stake in FCB Financial by 4.8% during the 2nd quarter. Campbell Newman Asset Management Inc. now owns 9,211 shares of the bank’s stock valued at $440,000 after purchasing an additional 426 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in FCB Financial by 19.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,091 shares of the bank’s stock valued at $148,000 after purchasing an additional 504 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its stake in FCB Financial by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 4,062 shares of the bank’s stock valued at $194,000 after purchasing an additional 609 shares during the last quarter. 93.72% of the stock is owned by institutional investors.
Several brokerages have recently issued reports on FCB. Zacks Investment Research raised FCB Financial from a “sell” rating to a “hold” rating in a research report on Monday, October 9th. Royal Bank of Canada reissued a “buy” rating and issued a $54.00 target price on shares of FCB Financial in a research report on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $51.00 target price on shares of FCB Financial in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $56.00.
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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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