FCB Financial Holdings, Inc. (FCB) CEO Sells $594,954.24 in Stock
FCB Financial Holdings, Inc. (NYSE:FCB) CEO Kent S. Ellert sold 11,584 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $51.36, for a total value of $594,954.24. Following the completion of the sale, the chief executive officer now directly owns 145,435 shares of the company’s stock, valued at approximately $7,469,541.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
FCB Financial Holdings, Inc. (NYSE:FCB) opened at $51.60 on Monday. FCB Financial Holdings, Inc. has a fifty-two week low of $39.90 and a fifty-two week high of $54.10. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $2,263.94, a P/E ratio of 19.04, a PEG ratio of 1.28 and a beta of 1.36.
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. FCB Financial had a return on equity of 11.42% and a net margin of 34.09%. The company had revenue of $84.21 million for the quarter, compared to analyst estimates of $87.16 million. During the same quarter last year, the company earned $0.60 earnings per share. sell-side analysts forecast that FCB Financial Holdings, Inc. will post 2.84 EPS for the current fiscal year.
Several hedge funds have recently bought and sold shares of FCB. Tower Research Capital LLC TRC bought a new position in shares of FCB Financial in the second quarter valued at approximately $109,000. Valeo Financial Advisors LLC bought a new stake in FCB Financial during the third quarter worth $146,000. Ameritas Investment Partners Inc. lifted its holdings in FCB Financial by 19.5% during the second quarter. Ameritas Investment Partners Inc. now owns 3,091 shares of the bank’s stock worth $148,000 after acquiring an additional 504 shares during the period. M&R Capital Management Inc. lifted its holdings in FCB Financial by 600.0% during the second quarter. M&R Capital Management Inc. now owns 3,500 shares of the bank’s stock worth $152,000 after acquiring an additional 3,000 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in FCB Financial by 17.6% during the second quarter. Victory Capital Management Inc. now owns 4,062 shares of the bank’s stock worth $194,000 after acquiring an additional 609 shares during the period. 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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