FCB Financial Holdings, Inc. (NYSE:FCB) CEO Kent S. Ellert sold 16,610 shares of the stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $51.38, for a total value of $853,421.80. Following the transaction, the chief executive officer now owns 146,064 shares of the company’s stock, valued at $7,504,768.32. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

FCB Financial Holdings, Inc. (FCB) traded down $0.45 on Tuesday, reaching $51.15. The company had a trading volume of 269,400 shares, compared to its average volume of 241,048. FCB Financial Holdings, Inc. has a 1 year low of $39.90 and a 1 year high of $54.10. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76. The firm has a market cap of $2,263.94, a price-to-earnings ratio of 19.04, a price-to-earnings-growth ratio of 1.28 and a beta of 1.36.

FCB Financial (NYSE:FCB) last posted its earnings results on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.05. FCB Financial had a return on equity of 11.42% and a net margin of 34.09%. The firm had revenue of $84.21 million for the quarter, compared to analyst estimates of $87.16 million. During the same quarter in the prior year, the company earned $0.60 EPS. research analysts anticipate that FCB Financial Holdings, Inc. will post 2.84 earnings per share for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC acquired a new position in FCB Financial during the 2nd quarter worth about $109,000. Valeo Financial Advisors LLC acquired a new position in FCB Financial during the 3rd quarter worth about $146,000. Ameritas Investment Partners Inc. lifted its stake in FCB Financial by 19.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,091 shares of the bank’s stock worth $148,000 after acquiring an additional 504 shares in the last quarter. M&R Capital Management Inc. increased its holdings in FCB Financial by 600.0% during the 2nd quarter. M&R Capital Management Inc. now owns 3,500 shares of the bank’s stock worth $152,000 after purchasing an additional 3,000 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in FCB Financial by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 4,062 shares of the bank’s stock worth $194,000 after purchasing an additional 609 shares during the period. 93.98% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have recently commented on FCB. Keefe, Bruyette & Woods reiterated 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 FCB Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Royal Bank of Canada reissued a “buy” rating and issued a $54.00 price target on shares of FCB Financial in a report on Friday, September 8th. Finally, ValuEngine downgraded FCB Financial from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $53.40.

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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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