FCB Financial Holdings, Inc. (NYSE:FCB) Chairman Vincent Tese sold 219,554 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $52.85, for a total transaction of $11,603,428.90. Following the transaction, the chairman now directly owns 393,818 shares in the company, valued at $20,813,281.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Vincent Tese also recently made the following trade(s):

  • On Thursday, September 28th, Vincent Tese sold 5,441 shares of FCB Financial stock. The stock was sold at an average price of $47.82, for a total transaction of $260,188.62.
  • On Wednesday, September 27th, Vincent Tese sold 20,174 shares of FCB Financial stock. The stock was sold at an average price of $47.59, for a total transaction of $960,080.66.

FCB Financial Holdings, Inc. (NYSE:FCB) traded down $1.40 during midday trading on Tuesday, hitting $51.20. 207,497 shares of the stock were exchanged, compared to its average volume of 242,235. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76. FCB Financial Holdings, Inc. has a 1 year low of $39.90 and a 1 year high of $54.10. The company has a market capitalization of $2,220.00, a P/E ratio of 19.34, a PEG ratio of 1.30 and a beta of 1.36.

FCB Financial (NYSE:FCB) last released its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.05. FCB Financial had a net margin of 34.09% and a return on equity of 11.42%. The firm had revenue of $84.21 million for the quarter, compared to the consensus estimate of $87.16 million. During the same period last year, the firm earned $0.60 earnings per share. equities research analysts expect that FCB Financial Holdings, Inc. will post 2.84 earnings per share for the current year.

A number of equities analysts have recently commented on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $51.00 target price on shares of FCB Financial in a research report on Tuesday, October 3rd. Zacks Investment Research lowered shares of FCB Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, September 26th. Royal Bank Of Canada reiterated a “buy” rating and set a $54.00 price objective on shares of FCB Financial in a research note on Friday, September 8th. Finally, ValuEngine downgraded shares of FCB Financial from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $53.40.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FCB. Schwab Charles Investment Management Inc. boosted its stake in FCB Financial by 8.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 166,261 shares of the bank’s stock valued at $7,939,000 after acquiring an additional 12,672 shares in the last quarter. Boston Partners boosted its stake in FCB Financial by 1.2% in the second quarter. Boston Partners now owns 823,113 shares of the bank’s stock valued at $39,304,000 after acquiring an additional 9,869 shares in the last quarter. Rhumbline Advisers boosted its stake in FCB Financial by 12.6% in the second quarter. Rhumbline Advisers now owns 41,586 shares of the bank’s stock valued at $1,986,000 after acquiring an additional 4,644 shares in the last quarter. Alpine Woods Capital Investors LLC boosted its stake in FCB Financial by 15.0% in the second quarter. Alpine Woods Capital Investors LLC now owns 11,500 shares of the bank’s stock valued at $549,000 after acquiring an additional 1,500 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in FCB Financial by 84.8% in the second quarter. SG Americas Securities LLC now owns 6,277 shares of the bank’s stock valued at $300,000 after acquiring an additional 2,880 shares in the last quarter. Hedge funds and other institutional investors own 94.08% of the company’s stock.

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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.

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

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