FCB Financial Holdings Inc (NYSE:FCB) insider Les J. Lieberman sold 147,159 shares of the stock in a transaction on Friday, March 9th. The stock was sold at an average price of $57.25, for a total value of $8,424,852.75. Following the sale, the insider now directly owns 315,356 shares of the company’s stock, valued at $18,054,131. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of FCB Financial Holdings Inc (FCB) traded down $0.50 during midday trading on Monday, hitting $56.70. The company had a trading volume of 276,098 shares, compared to its average volume of 198,373. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.64. FCB Financial Holdings Inc has a 52-week low of $39.90 and a 52-week high of $57.90. The firm has a market capitalization of $2,558.20, a P/E ratio of 20.64, a PEG ratio of 0.88 and a beta of 1.32.
FCB Financial (NYSE:FCB) last issued its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.76 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.02. FCB Financial had a return on equity of 11.64% and a net margin of 30.60%. The firm had revenue of $85.85 million during the quarter, compared to the consensus estimate of $88.53 million. During the same period last year, the company earned $0.62 earnings per share. research analysts expect that FCB Financial Holdings Inc will post 3.59 EPS for the current year.
A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. raised its position in FCB Financial by 3.0% in the fourth quarter. BlackRock Inc. now owns 2,546,146 shares of the bank’s stock worth $129,344,000 after acquiring an additional 74,651 shares in the last quarter. Dimensional Fund Advisors LP raised its position in FCB Financial by 13.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,457,037 shares of the bank’s stock worth $70,374,000 after acquiring an additional 173,511 shares in the last quarter. Bank of New York Mellon Corp raised its position in FCB Financial by 3.2% in the fourth quarter. Bank of New York Mellon Corp now owns 1,232,159 shares of the bank’s stock worth $62,594,000 after acquiring an additional 38,230 shares in the last quarter. JPMorgan Chase & Co. raised its position in FCB Financial by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 1,228,478 shares of the bank’s stock worth $58,968,000 after acquiring an additional 6,191 shares in the last quarter. Finally, Boston Partners raised its position in FCB Financial by 4.8% in the fourth quarter. Boston Partners now owns 890,811 shares of the bank’s stock worth $45,253,000 after acquiring an additional 40,711 shares in the last quarter. Hedge funds and other institutional investors own 92.87% of the company’s stock.
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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