Shares of FCB Financial Holdings Inc. (NYSE:FCB) have been assigned a consensus rating of “Buy” from the eight brokerages that are currently covering the company. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $40.00.

A number of research firms have issued reports on FCB. Zacks Investment Research cut shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Friday, August 5th. Bank of America Corp. restated a “buy” rating on shares of FCB Financial Holdings in a research report on Monday, June 6th. TheStreet upgraded shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a research report on Friday, August 12th. Hovde Group boosted their price objective on shares of FCB Financial Holdings from $39.00 to $41.00 and gave the company an “outperform” rating in a research report on Monday, August 22nd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of FCB Financial Holdings in a research report on Sunday, July 10th.

In related news, Director Paul A. Novelly sold 1,287 shares of the business’s stock in a transaction dated Friday, July 29th. The shares were sold at an average price of $35.70, for a total transaction of $45,945.90. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Paul A. Novelly sold 88,139 shares of the business’s stock in a transaction dated Monday, August 8th. The stock was sold at an average price of $36.02, for a total transaction of $3,174,766.78. The disclosure for this sale can be found here. Corporate insiders own 17.70% of the company’s stock.

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A number of large investors have recently bought and sold shares of FCB. Royal Bank of Canada raised its stake in FCB Financial Holdings by 316.8% in the second quarter. Royal Bank of Canada now owns 8,720 shares of the company’s stock valued at $297,000 after buying an additional 6,628 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in FCB Financial Holdings by 6.0% in the second quarter. Public Employees Retirement System of Ohio now owns 58,758 shares of the company’s stock valued at $1,998,000 after buying an additional 3,340 shares during the last quarter. Sterling Capital Management LLC acquired a new stake in FCB Financial Holdings during the second quarter valued at approximately $714,000. Schwab Charles Investment Management Inc. raised its stake in FCB Financial Holdings by 0.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 57,417 shares of the company’s stock valued at $1,953,000 after buying an additional 462 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in FCB Financial Holdings by 45.8% in the second quarter. Stifel Financial Corp now owns 25,335 shares of the company’s stock valued at $861,000 after buying an additional 7,960 shares during the last quarter. 89.53% of the stock is currently owned by institutional investors and hedge funds.

Shares of FCB Financial Holdings (NYSE:FCB) traded up 0.11% during trading on Tuesday, reaching $38.04. 65,554 shares of the company traded hands. The stock has a market capitalization of $1.54 billion, a P/E ratio of 17.08 and a beta of 1.23. The firm’s 50 day moving average is $37.39 and its 200-day moving average is $35.07. FCB Financial Holdings has a 12-month low of $28.64 and a 12-month high of $39.38.

FCB Financial Holdings (NYSE:FCB) last released its quarterly earnings data on Thursday, July 21st. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. FCB Financial Holdings had a net margin of 30.51% and a return on equity of 10.21%. On average, equities research analysts anticipate that FCB Financial Holdings will post $2.24 earnings per share for the current fiscal year.

FCB Financial Holdings Company Profile

FCB Financial Holdings, Inc is a bank holding company with one wholly owned national bank subsidiary, Florida Community Bank, N.A. The Bank provides financial products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities through approximately 52 branches in south and central Florida.

5 Day Chart for NYSE:FCB

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