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.

FCB has been the subject of a number of research reports. ValuEngine cut FCB Financial from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Royal Bank Of Canada reissued a “buy” rating and issued a $54.00 price objective on shares of FCB Financial in a research note on Friday, September 8th. Zacks Investment Research cut FCB Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $51.00 price objective on shares of FCB Financial in a research note on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. FCB Financial has an average rating of “Hold” and a consensus target price of $53.40.

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.

Insider Buying and Selling by Quarter for FCB Financial (NYSE:FCB)

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