FCB Financial Holdings, Inc. (NYSE:FCB) insider Stuart I. Oran sold 6,279 shares of the firm’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $41.70, for a total value of $261,834.30. Following the sale, the insider now directly owns 12,255 shares in the company, valued at $511,033.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of FCB Financial Holdings, Inc. (NYSE:FCB) traded up 2.09% during mid-day trading on Friday, reaching $41.45. The company’s stock had a trading volume of 254,201 shares. The company’s 50 day moving average price is $45.05 and its 200-day moving average price is $47.07. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 14.45 and a beta of 1.31. FCB Financial Holdings, Inc. has a 1-year low of $35.55 and a 1-year high of $50.33.

FCB Financial Holdings (NYSE:FCB) last released its earnings results on Tuesday, July 25th. The bank reported $0.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.08. FCB Financial Holdings had a return on equity of 11.11% and a net margin of 33.95%. The company had revenue of $83 million for the quarter, compared to analysts’ expectations of $83.47 million. During the same quarter in the previous year, the firm posted $0.56 EPS. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. Analysts predict that FCB Financial Holdings, Inc. will post $2.80 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC acquired a new position in FCB Financial Holdings during the 2nd quarter worth approximately $109,000. Oppenheimer Asset Management Inc. acquired a new position in FCB Financial Holdings during the 1st quarter worth approximately $117,000. Ameritas Investment Partners Inc. acquired a new position in FCB Financial Holdings during the 1st quarter worth approximately $128,000. SG Americas Securities LLC increased its position in FCB Financial Holdings by 23.6% during the 1st quarter. SG Americas Securities LLC now owns 3,397 shares of the bank’s stock worth $168,000 after purchasing an additional 649 shares during the period. Finally, Victory Capital Management Inc. increased its position in FCB Financial Holdings by 16.7% during the 1st quarter. Victory Capital Management Inc. now owns 3,453 shares of the bank’s stock worth $171,000 after purchasing an additional 494 shares during the period. Institutional investors own 93.76% of the company’s stock.

Several analysts recently commented on FCB shares. Zacks Investment Research lowered FCB Financial Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. BidaskClub lowered FCB Financial Holdings from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. ValuEngine raised FCB Financial Holdings from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Royal Bank Of Canada initiated coverage on FCB Financial Holdings in a report on Monday, July 17th. They issued an “outperform” rating and a $56.00 price objective on the stock. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $51.00 price objective on shares of FCB Financial Holdings in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $53.80.

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.

Insider Buying and Selling by Quarter for FCB Financial Holdings (NYSE:FCB)

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