FCB Financial Holdings, Inc. (NYSE:FCB) insider Les J. Lieberman sold 14,678 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $48.33, for a total value of $709,387.74. Following the transaction, the insider now directly owns 309,200 shares in the company, valued at $14,943,636. The sale was disclosed in a document filed with the SEC, which is available at this link.

FCB Financial Holdings, Inc. (FCB) traded down 0.20% on Tuesday, hitting $48.70. The stock had a trading volume of 207,158 shares. The firm has a market cap of $2.11 billion, a price-to-earnings ratio of 16.97 and a beta of 1.33. FCB Financial Holdings, Inc. has a 52-week low of $35.55 and a 52-week high of $50.33. The company’s 50 day moving average price is $44.49 and its 200 day moving average price is $46.60.

FCB Financial Holdings (NYSE:FCB) last posted its earnings results on Tuesday, July 25th. The bank reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. FCB Financial Holdings had a net margin of 33.95% and a return on equity of 11.11%. The firm had revenue of $83.00 million during the quarter, compared to analyst estimates of $83.47 million. During the same period last year, the firm posted $0.56 earnings per share. FCB Financial Holdings’s revenue for the quarter was up 13.4% compared to the same quarter last year. Analysts expect that FCB Financial Holdings, Inc. will post $2.76 EPS for the current year.

COPYRIGHT VIOLATION WARNING: “FCB Financial Holdings, Inc. (FCB) Insider Les J. Lieberman Sells 14,678 Shares” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be read at https://www.americanbankingnews.com/2017/10/03/fcb-financial-holdings-inc-fcb-insider-les-j-lieberman-sells-14678-shares.html.

Several analysts have issued reports on the company. Zacks Investment Research lowered FCB Financial Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. BidaskClub cut shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. ValuEngine raised shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Royal Bank Of Canada initiated coverage on shares of FCB Financial Holdings in a research note on Monday, July 17th. They set an “outperform” rating and a $56.00 price target on the stock. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $51.00 price objective on shares of FCB Financial Holdings in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $53.40.

A number of hedge funds have recently added to or reduced their stakes in FCB. Russell Investments Group Ltd. grew its stake in shares of FCB Financial Holdings by 47.2% in the 1st quarter. Russell Investments Group Ltd. now owns 60,931 shares of the bank’s stock worth $3,019,000 after buying an additional 19,528 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of FCB Financial Holdings by 35.2% in the 1st quarter. First Trust Advisors LP now owns 78,605 shares of the bank’s stock worth $3,895,000 after buying an additional 20,461 shares during the last quarter. Swiss National Bank increased its holdings in shares of FCB Financial Holdings by 2.5% in the 1st quarter. Swiss National Bank now owns 57,300 shares of the bank’s stock worth $2,839,000 after buying an additional 1,400 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in shares of FCB Financial Holdings by 57.5% during the 1st quarter. UBS Asset Management Americas Inc. now owns 20,322 shares of the bank’s stock valued at $1,007,000 after buying an additional 7,418 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of FCB Financial Holdings by 28.0% during the 1st quarter. Sei Investments Co. now owns 33,060 shares of the bank’s stock valued at $1,638,000 after buying an additional 7,224 shares in the last quarter. Institutional investors and hedge funds own 94.00% of the company’s stock.

About FCB Financial Holdings

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)

Receive News & Ratings for FCB Financial Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FCB Financial Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.