FCB Financial Holdings Inc (NYSE:FCB) CEO Kent S. Ellert sold 18,499 shares of the firm’s stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of $55.36, for a total transaction of $1,024,104.64. Following the sale, the chief executive officer now owns 232,689 shares in the company, valued at approximately $12,881,663.04. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

FCB Financial Holdings Inc (FCB) traded down $0.70 during midday trading on Tuesday, reaching $55.05. 437,340 shares of the company’s stock were exchanged, compared to its average volume of 242,854. FCB Financial Holdings Inc has a 12 month low of $39.90 and a 12 month high of $56.55. The company has a market cap of $2,446.01, a PE ratio of 18.60, a price-to-earnings-growth ratio of 0.90 and a beta of 1.35. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.93 and a current ratio of 0.94.

FCB Financial (NYSE:FCB) last released its earnings results on Tuesday, October 24th. The bank reported $0.74 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $87.16 million. During the same quarter last year, the business earned $0.60 EPS. sell-side analysts predict that FCB Financial Holdings Inc will post 2.82 earnings per share for the current fiscal year.

FCB has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of FCB Financial from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a research note on Tuesday, December 26th. Royal Bank of Canada restated a “buy” rating and set a $54.00 target price on shares of FCB Financial in a research note on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $51.00 target price on shares of FCB Financial in a research note on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $56.00.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FCB. Cubist Systematic Strategies LLC bought a new stake in shares of FCB Financial during the second quarter valued at approximately $502,000. UBS Asset Management Americas Inc. raised its position in shares of FCB Financial by 9.3% during the second quarter. UBS Asset Management Americas Inc. now owns 22,221 shares of the bank’s stock valued at $1,061,000 after buying an additional 1,899 shares during the last quarter. Chicago Equity Partners LLC bought a new stake in shares of FCB Financial during the third quarter valued at approximately $626,000. Voya Investment Management LLC raised its position in shares of FCB Financial by 40.8% during the second quarter. Voya Investment Management LLC now owns 16,236 shares of the bank’s stock valued at $775,000 after buying an additional 4,706 shares during the last quarter. Finally, Emerald Advisers Inc. PA raised its position in shares of FCB Financial by 6.7% during the third quarter. Emerald Advisers Inc. PA now owns 677,903 shares of the bank’s stock valued at $32,743,000 after buying an additional 42,390 shares during the last quarter. Institutional investors own 93.98% of the company’s stock.

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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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