FCB Financial Holdings Inc (NYSE:FCB) CEO Kent S. Ellert sold 21,920 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $51.02, for a total transaction of $1,118,358.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of FCB Financial Holdings Inc (NYSE:FCB) traded up $0.45 during mid-day trading on Wednesday, hitting $51.60. 288,030 shares of the stock traded hands, compared to its average volume of 280,615. The firm has a market cap of $2,240.00, a P/E ratio of 17.49, a price-to-earnings-growth ratio of 1.12 and a beta of 1.35. FCB Financial Holdings Inc has a one year low of $39.90 and a one 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.

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

Several hedge funds have recently made changes to their positions in FCB. Tower Research Capital LLC TRC acquired a new stake in shares of FCB Financial during the 2nd quarter worth approximately $109,000. Valeo Financial Advisors LLC acquired a new stake in shares of FCB Financial during the 3rd quarter worth approximately $146,000. Ameritas Investment Partners Inc. grew its position in shares of 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 buying an additional 504 shares during the period. M&R Capital Management Inc. lifted its holdings in shares of FCB Financial by 600.0% in 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 in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of FCB Financial by 17.6% in 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 in the last quarter. 93.72% of the stock is owned by institutional investors.

A number of analysts have weighed in on FCB shares. Royal Bank of Canada reissued a “buy” rating and set a $54.00 target price on shares of FCB Financial in a research report on Wednesday, October 25th. Zacks Investment Research raised shares of FCB Financial from a “sell” rating to a “hold” rating in a research report on Monday, October 9th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $51.00 price objective on shares of FCB Financial in a research report on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. FCB Financial has an average rating of “Hold” and a consensus price target of $54.60.

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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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