Schroder Investment Management Group boosted its position in shares of FCB Financial Holdings, Inc. (NYSE:FCB) by 2.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 793,233 shares of the bank’s stock after acquiring an additional 18,919 shares during the period. Schroder Investment Management Group owned 1.81% of FCB Financial worth $38,075,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Suntrust Banks Inc. increased its holdings in shares of FCB Financial by 1.6% during the 2nd quarter. Suntrust Banks Inc. now owns 8,937 shares of the bank’s stock worth $426,000 after purchasing an additional 142 shares during the period. HighTower Advisors LLC increased its holdings in shares of FCB Financial by 0.8% during the 2nd quarter. HighTower Advisors LLC now owns 27,280 shares of the bank’s stock worth $1,294,000 after purchasing an additional 227 shares during the period. Campbell Newman Asset Management Inc. increased its holdings in shares of FCB Financial by 4.8% during the 2nd quarter. Campbell Newman Asset Management Inc. now owns 9,211 shares of the bank’s stock worth $440,000 after purchasing an additional 426 shares during the period. Ameritas Investment Partners Inc. increased its holdings 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 purchasing an additional 504 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in shares of FCB Financial by 17.6% during 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 during the period. 94.29% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods restated a “hold” rating and set a $51.00 price objective on shares of FCB Financial in a report on Tuesday, October 3rd. Zacks Investment Research downgraded shares of FCB Financial 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 in a report on Friday, September 8th. Finally, ValuEngine downgraded shares of FCB Financial from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $53.40.

In related news, Vice Chairman Les J. Lieberman sold 20,093 shares of the company’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $47.59, for a total value of $956,225.87. Following the sale, the insider now owns 322,105 shares of the company’s stock, valued at $15,328,976.95. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Stuart I. Oran sold 37,744 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $52.83, for a total transaction of $1,994,015.52. The disclosure for this sale can be found here. In the last three months, insiders sold 408,607 shares of company stock worth $19,286,875. 15.40% of the stock is currently owned by insiders.

Shares of FCB Financial Holdings, Inc. (FCB) opened at $52.40 on Friday. The firm has a market cap of $2,270.00, a PE ratio of 19.50, a P/E/G ratio of 1.31 and a beta of 1.30. FCB Financial Holdings, Inc. has a 52 week low of $39.90 and a 52 week high of $53.50. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.93.

FCB Financial (NYSE:FCB) last posted its earnings results on Tuesday, October 24th. The bank reported $0.74 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.05. The business had revenue of $84.21 million for the quarter, compared to analysts’ expectations 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 in the previous year, the firm posted $0.60 earnings per share. equities analysts expect that FCB Financial Holdings, Inc. will post 2.84 EPS for the current year.

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FCB Financial 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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Institutional Ownership by Quarter for FCB Financial (NYSE:FCB)

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