FCB Financial Holdings, Inc. (NYSE:FCB) Chairman Vincent Tese sold 5,441 shares of the business’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $47.82, for a total transaction of $260,188.62. Following the completion of the transaction, the chairman now directly owns 412,993 shares of the company’s stock, valued at approximately $19,749,325.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Vincent Tese also recently made the following trade(s):

  • On Wednesday, September 27th, Vincent Tese sold 20,174 shares of FCB Financial Holdings stock. The stock was sold at an average price of $47.59, for a total transaction of $960,080.66.
  • On Monday, August 7th, Vincent Tese sold 56,429 shares of FCB Financial Holdings stock. The stock was sold at an average price of $47.13, for a total transaction of $2,659,498.77.
  • On Thursday, August 3rd, Vincent Tese sold 8,508 shares of FCB Financial Holdings stock. The stock was sold at an average price of $47.03, for a total transaction of $400,131.24.
  • On Wednesday, August 2nd, Vincent Tese sold 10,487 shares of FCB Financial Holdings stock. The stock was sold at an average price of $47.10, for a total transaction of $493,937.70.

Shares of FCB Financial Holdings, Inc. (NYSE FCB) opened at 48.30 on Monday. The stock has a market capitalization of $2.09 billion, a P/E ratio of 16.84 and a beta of 1.33. FCB Financial Holdings, Inc. has a 12-month low of $35.55 and a 12-month high of $50.33. The company has a 50-day moving average of $44.17 and a 200-day moving average of $46.73.

FCB Financial Holdings (NYSE:FCB) last issued its quarterly earnings results on Tuesday, July 25th. The bank reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. FCB Financial Holdings had a return on equity of 11.11% and a net margin of 33.95%. The business had revenue of $83.00 million for the quarter, compared to the consensus estimate of $83.47 million. During the same quarter in the previous year, the company posted $0.56 earnings per share. FCB Financial Holdings’s revenue for the quarter was up 13.4% compared to the same quarter last year. Equities analysts expect that FCB Financial Holdings, Inc. will post $2.76 earnings per share for the current fiscal year.

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Several research analysts have weighed in on FCB shares. Zacks Investment Research downgraded FCB Financial Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Royal Bank Of Canada restated a “buy” rating and set a $54.00 price objective on shares of FCB Financial Holdings in a report on Friday, September 8th. ValuEngine cut FCB Financial Holdings from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub cut FCB Financial Holdings from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 2nd. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $51.00 price objective on shares of FCB Financial Holdings in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $53.40.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Suntrust Banks Inc. boosted its position in FCB Financial Holdings by 1.6% during the 2nd quarter. Suntrust Banks Inc. now owns 8,937 shares of the bank’s stock worth $426,000 after acquiring an additional 142 shares during the period. Clinton Group Inc. grew its stake in FCB Financial Holdings by 0.9% during the 1st quarter. Clinton Group Inc. now owns 18,177 shares of the bank’s stock valued at $901,000 after acquiring an additional 169 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of FCB Financial Holdings by 0.8% in the 2nd quarter. HighTower Advisors LLC now owns 27,280 shares of the bank’s stock valued at $1,294,000 after purchasing an additional 227 shares during the period. Parametric Portfolio Associates LLC increased its holdings in shares of FCB Financial Holdings by 1.0% in the 1st quarter. Parametric Portfolio Associates LLC now owns 28,660 shares of the bank’s stock valued at $1,420,000 after purchasing an additional 285 shares during the period. Finally, Campbell Newman Asset Management Inc. increased its holdings in shares of FCB Financial Holdings by 4.8% in the 2nd quarter. Campbell Newman Asset Management Inc. now owns 9,211 shares of the bank’s stock valued at $440,000 after purchasing an additional 426 shares during the period. Hedge funds and other institutional investors own 94.00% of the company’s stock.

FCB Financial Holdings 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 Holdings (NYSE:FCB)

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