FCB Financial Holdings, Inc. (NYSE:FCB) CEO Kent S. Ellert sold 20,537 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $51.22, for a total transaction of $1,051,905.14. Following the completion of the sale, the chief executive officer now directly owns 146,479 shares in the company, valued at $7,502,654.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

FCB Financial Holdings, Inc. (NYSE:FCB) traded down $0.55 during trading hours on Thursday, reaching $50.75. 341,800 shares of the company’s stock traded hands, compared to its average volume of 241,098. FCB Financial Holdings, Inc. has a one year low of $39.90 and a one year high of $54.10. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.93 and a current ratio of 0.94. The stock has a market capitalization of $2,250.77, a price-to-earnings ratio of 18.93, a price-to-earnings-growth ratio of 1.28 and a beta of 1.36.

FCB Financial (NYSE:FCB) last posted its quarterly earnings results on Tuesday, October 24th. The bank reported $0.74 EPS for the quarter, beating the 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 company had revenue of $84.21 million for the quarter, compared to analyst estimates of $87.16 million. During the same period in the prior year, the company earned $0.60 earnings per share. research analysts predict that FCB Financial Holdings, Inc. will post 2.84 EPS for the current year.

Several hedge funds have recently bought and sold shares of FCB. Schwab Charles Investment Management Inc. boosted its stake in shares of FCB Financial by 8.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 166,261 shares of the bank’s stock worth $7,939,000 after acquiring an additional 12,672 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of FCB Financial by 12.6% during the 2nd quarter. Rhumbline Advisers now owns 41,586 shares of the bank’s stock worth $1,986,000 after acquiring an additional 4,644 shares in the last quarter. Alpine Woods Capital Investors LLC boosted its stake in shares of FCB Financial by 15.0% during the 2nd quarter. Alpine Woods Capital Investors LLC now owns 11,500 shares of the bank’s stock worth $549,000 after acquiring an additional 1,500 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of FCB Financial by 84.8% during the 2nd quarter. SG Americas Securities LLC now owns 6,277 shares of the bank’s stock worth $300,000 after acquiring an additional 2,880 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of FCB Financial by 12.8% during the 2nd quarter. Legal & General Group Plc now owns 13,837 shares of the bank’s stock worth $660,000 after acquiring an additional 1,570 shares in the last quarter. 93.98% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have commented on the stock. Royal Bank of Canada reaffirmed a “buy” rating and issued a $54.00 price target on shares of FCB Financial in a report on Wednesday, October 25th. ValuEngine lowered shares of FCB Financial from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of FCB Financial from a “sell” rating to a “hold” rating in a report on Monday, October 9th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $51.00 price target on shares of FCB Financial in a report on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $53.40.

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About FCB Financial

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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