FCB Financial Holdings Inc (NYSE:FCB) CEO Kent S. Ellert sold 8,037 shares of the company’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $54.60, for a total transaction of $438,820.20. Following the completion of the transaction, the chief executive officer now owns 125,739 shares in the company, valued at $6,865,349.40. The sale was disclosed in a filing with the SEC, which is available through this link.

FCB Financial Holdings Inc (FCB) traded down $1.00 during midday trading on Thursday, hitting $53.55. 63,863 shares of the stock were exchanged, compared to its average volume of 205,655. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76. FCB Financial Holdings Inc has a 1 year low of $39.90 and a 1 year high of $57.20. The company has a market capitalization of $2,421.33, a P/E ratio of 19.62, a PEG ratio of 0.80 and a beta of 1.34.

FCB Financial (NYSE:FCB) last released its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.02. FCB Financial had a net margin of 30.60% and a return on equity of 11.82%. The firm had revenue of $85.85 million for the quarter, compared to the consensus estimate of $88.53 million. During the same period last year, the firm earned $0.62 earnings per share. equities research analysts expect that FCB Financial Holdings Inc will post 3.62 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC purchased a new stake in FCB Financial during the second quarter valued at approximately $502,000. UBS Asset Management Americas Inc. lifted its position in FCB Financial by 9.3% during the second quarter. UBS Asset Management Americas Inc. now owns 22,221 shares of the bank’s stock valued at $1,061,000 after acquiring an additional 1,899 shares during the last quarter. Chicago Equity Partners LLC purchased a new stake in FCB Financial during the third quarter valued at approximately $626,000. Voya Investment Management LLC lifted its position in FCB Financial by 40.8% during the second quarter. Voya Investment Management LLC now owns 16,236 shares of the bank’s stock valued at $775,000 after acquiring an additional 4,706 shares during the last quarter. Finally, Emerald Advisers Inc. PA lifted its position in FCB Financial by 6.7% during the third quarter. Emerald Advisers Inc. PA now owns 677,903 shares of the bank’s stock valued at $32,743,000 after acquiring an additional 42,390 shares during the last quarter. 92.47% of the stock is owned by institutional investors.

FCB has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of FCB Financial from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a research note on Tuesday, December 26th. Royal Bank of Canada reiterated a “buy” rating and set a $61.00 price objective on shares of FCB Financial in a research note on Wednesday, January 24th. Finally, Bank of America increased their price objective on shares of FCB Financial from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $59.20.

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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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