FCB Financial Holdings Inc (NYSE:FCB) CEO Kent S. Ellert sold 19,951 shares of the business’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $55.73, for a total transaction of $1,111,869.23. Following the completion of the transaction, the chief executive officer now owns 228,828 shares in the company, valued at $12,752,584.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

FCB Financial Holdings Inc (NYSE FCB) opened at $56.55 on Tuesday. FCB Financial Holdings Inc has a 12-month low of $39.90 and a 12-month high of $56.65. The stock has a market cap of $2,450.00, a P/E ratio of 19.17, a PEG ratio of 0.92 and a beta of 1.35. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.93 and a current ratio of 0.94.

FCB Financial (NYSE:FCB) last announced its earnings results on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.05. FCB Financial had a net margin of 34.09% and a return on equity of 11.42%. The company had revenue of $84.21 million for the quarter, compared to analyst estimates of $87.16 million. During the same period in the prior year, the business earned $0.60 earnings per share. research analysts anticipate that FCB Financial Holdings Inc will post 2.82 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. lifted its position in shares of FCB Financial by 4.8% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 184,184 shares of the bank’s stock worth $9,357,000 after purchasing an additional 8,452 shares in the last quarter. Janney Capital Management LLC lifted its position in shares of FCB Financial by 39.0% during the third quarter. Janney Capital Management LLC now owns 8,904 shares of the bank’s stock worth $430,000 after purchasing an additional 2,498 shares in the last quarter. Valeo Financial Advisors LLC acquired a new position in shares of FCB Financial during the third quarter worth approximately $146,000. Grandeur Peak Global Advisors LLC acquired a new position in shares of FCB Financial during the third quarter worth approximately $693,000. Finally, M&R Capital Management Inc. lifted its position in shares of FCB Financial by 150.9% during the third quarter. M&R Capital Management Inc. now owns 8,780 shares of the bank’s stock worth $424,000 after purchasing an additional 5,280 shares in the last quarter. Institutional investors own 92.29% of the company’s stock.

A number of equities analysts have commented on the stock. Zacks Investment Research upgraded shares of FCB Financial from a “hold” rating to a “strong-buy” rating and set a $62.00 price target on the stock in a research report on Thursday, January 11th. Royal Bank of Canada restated a “buy” rating and issued a $54.00 price target on shares of FCB Financial in a research report on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $51.00 price target on shares of FCB Financial in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $56.00.

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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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