Stuart I. Oran Sells 5,000 Shares of FCB Financial Holdings Inc (FCB) Stock
FCB Financial Holdings Inc (NYSE:FCB) insider Stuart I. Oran sold 5,000 shares of the firm’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $54.14, for a total transaction of $270,700.00. Following the sale, the insider now owns 12,104 shares in the company, valued at $655,310.56. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of FCB Financial Holdings Inc (NYSE:FCB) remained flat at $$55.50 during midday trading on Thursday. 263,377 shares of the company’s stock were exchanged, compared to its average volume of 247,183. 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 company has a market capitalization of $2,452.52, a P/E ratio of 18.75, a P/E/G ratio of 0.89 and a beta of 1.35. FCB Financial Holdings Inc has a 52 week low of $39.90 and a 52 week high of $56.55.
FCB Financial (NYSE:FCB) last announced its quarterly earnings results on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.05. The company had revenue of $84.21 million for the quarter, compared to the consensus estimate of $87.16 million. FCB Financial had a net margin of 38.19% and a return on equity of 11.35%. During the same period in the previous year, the firm posted $0.60 EPS. analysts forecast that FCB Financial Holdings Inc will post 2.82 EPS for the current year.
A number of hedge funds and other institutional investors have recently made changes to their positions in FCB. Lazard Asset Management LLC bought a new stake in FCB Financial in the 2nd quarter valued at $17,499,000. Macquarie Group Ltd. increased its holdings in FCB Financial by 159.3% in the 3rd quarter. Macquarie Group Ltd. now owns 506,892 shares of the bank’s stock valued at $24,483,000 after acquiring an additional 311,406 shares during the last quarter. Vanguard Group Inc. increased its holdings in FCB Financial by 9.3% in the 2nd quarter. Vanguard Group Inc. now owns 3,089,371 shares of the bank’s stock valued at $147,518,000 after acquiring an additional 262,969 shares during the last quarter. Chartwell Investment Partners LLC bought a new stake in FCB Financial in the 3rd quarter valued at $11,094,000. Finally, Dimensional Fund Advisors LP increased its holdings in FCB Financial by 13.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,457,037 shares of the bank’s stock valued at $70,374,000 after acquiring an additional 173,511 shares during the last quarter. Institutional investors own 93.98% 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.
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