FCB Financial Holdings, Inc. (NYSE:FCB) Director Alan S. Bernikow sold 44,130 shares of the business’s stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $49.00, for a total transaction of $2,162,370.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

FCB Financial Holdings, Inc. (NYSE FCB) traded up 0.20% during midday trading on Tuesday, hitting $48.95. 230,628 shares of the stock were exchanged. The company’s 50 day moving average is $45.02 and its 200-day moving average is $46.64. FCB Financial Holdings, Inc. has a 1-year low of $35.55 and a 1-year high of $50.33. The stock has a market cap of $2.12 billion, a PE ratio of 17.06 and a beta of 1.33.

FCB Financial Holdings (NYSE:FCB) last issued its earnings results on Tuesday, July 25th. The bank reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $83.47 million. During the same quarter last year, the business earned $0.56 earnings per share. The business’s revenue was up 13.4% on a year-over-year basis. On average, analysts expect that FCB Financial Holdings, Inc. will post $2.76 earnings per share for the current year.

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A number of equities research analysts have weighed in on the stock. Keefe, Bruyette & Woods reissued a “hold” rating and set a $51.00 target price on shares of FCB Financial Holdings in a report on Tuesday, October 3rd. BidaskClub lowered shares of FCB Financial Holdings from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Zacks Investment Research raised shares of FCB Financial Holdings from a “sell” rating to a “hold” rating in a research note on Monday. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $54.00 price objective on shares of FCB Financial Holdings in a research note on Friday, September 8th. Finally, ValuEngine raised shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. FCB Financial Holdings has an average rating of “Hold” and an average target price of $53.40.

Several institutional investors have recently modified their holdings of the company. Suntrust Banks Inc. grew its holdings in shares of FCB Financial Holdings by 1.6% in the second quarter. Suntrust Banks Inc. now owns 8,937 shares of the bank’s stock worth $426,000 after purchasing an additional 142 shares during the last quarter. HighTower Advisors LLC boosted its holdings in FCB Financial Holdings by 0.8% in the second quarter. HighTower Advisors LLC now owns 27,280 shares of the bank’s stock valued at $1,294,000 after acquiring an additional 227 shares in the last quarter. Parametric Portfolio Associates LLC boosted its holdings in FCB Financial Holdings by 1.0% in the first quarter. Parametric Portfolio Associates LLC now owns 28,660 shares of the bank’s stock valued at $1,420,000 after acquiring an additional 285 shares in the last quarter. Campbell Newman Asset Management Inc. boosted its holdings in FCB Financial Holdings by 4.8% in the second quarter. Campbell Newman Asset Management Inc. now owns 9,211 shares of the bank’s stock valued at $440,000 after acquiring an additional 426 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in FCB Financial Holdings by 16.7% in the first quarter. Victory Capital Management Inc. now owns 3,453 shares of the bank’s stock valued at $171,000 after acquiring an additional 494 shares in the last quarter. Hedge funds and other institutional investors 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)

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