FCB Financial Holdings, Inc. (NYSE:FCB) CEO Kent S. Ellert sold 18,946 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $52.54, for a total value of $995,422.84. Following the sale, the chief executive officer now directly owns 150,759 shares in the company, valued at $7,920,877.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of FCB Financial Holdings, Inc. (NYSE FCB) traded down $0.05 on Wednesday, reaching $51.15. The company’s stock had a trading volume of 128,612 shares, compared to its average volume of 241,751. The company has a market cap of $2,307.81, a price-to-earnings ratio of 19.41, a price-to-earnings-growth ratio of 1.31 and a beta of 1.36. 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 Holdings, Inc. has a 52-week low of $39.90 and a 52-week high of $54.10.

FCB Financial (NYSE:FCB) last posted its quarterly 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 company had revenue of $84.21 million for the quarter, compared to the consensus estimate of $87.16 million. FCB Financial had a return on equity of 11.42% and a net margin of 34.09%. During the same quarter in the prior year, the business posted $0.60 EPS. equities analysts forecast that FCB Financial Holdings, Inc. will post 2.84 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in FCB. Tower Research Capital LLC TRC acquired a new stake in shares of FCB Financial in the 2nd quarter valued at about $109,000. Valeo Financial Advisors LLC bought a new position in shares of FCB Financial in the 3rd quarter valued at about $146,000. Ameritas Investment Partners Inc. grew its holdings in shares of FCB Financial by 19.5% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,091 shares of the bank’s stock valued at $148,000 after acquiring an additional 504 shares in the last quarter. M&R Capital Management Inc. grew its holdings in shares of FCB Financial by 600.0% in the 2nd quarter. M&R Capital Management Inc. now owns 3,500 shares of the bank’s stock valued at $152,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in shares of FCB Financial by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 4,062 shares of the bank’s stock valued at $194,000 after acquiring an additional 609 shares in the last quarter. 94.08% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently weighed in on FCB. Zacks Investment Research upgraded FCB Financial from a “sell” rating to a “hold” rating in a report on Monday, October 9th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $51.00 target price on shares of FCB Financial in a research note on Tuesday, October 3rd. Royal Bank Of Canada reissued a “buy” rating and set a $54.00 price objective on shares of FCB Financial in a research report on Wednesday, October 25th. Finally, ValuEngine cut FCB Financial from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $53.40.

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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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