American Century Companies Inc. grew its holdings in First Citizens BancShares Inc. (NASDAQ:FCNCA) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,782 shares of the bank’s stock after purchasing an additional 825 shares during the quarter. American Century Companies Inc. owned about 0.22% of First Citizens BancShares worth $9,721,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of FCNCA. Quantamental Technologies LLC acquired a new position in shares of First Citizens BancShares during the fourth quarter valued at about $38,000. Quad Cities Investment Group LLC grew its position in First Citizens BancShares by 50.0% during the fourth quarter. Quad Cities Investment Group LLC now owns 150 shares of the bank’s stock worth $57,000 after buying an additional 50 shares in the last quarter. Parallel Advisors LLC raised its holdings in First Citizens BancShares by 958.8% in the 4th quarter. Parallel Advisors LLC now owns 180 shares of the bank’s stock valued at $67,000 after acquiring an additional 163 shares in the last quarter. Meeder Asset Management Inc. lifted its position in shares of First Citizens BancShares by 40.3% in the 4th quarter. Meeder Asset Management Inc. now owns 247 shares of the bank’s stock worth $93,000 after acquiring an additional 71 shares during the period. Finally, Bruderman Asset Management LLC bought a new stake in shares of First Citizens BancShares in the 4th quarter worth approximately $151,000. Institutional investors and hedge funds own 46.73% of the company’s stock.

Separately, BidaskClub upgraded shares of First Citizens BancShares from a “hold” rating to a “buy” rating in a research note on Friday, February 22nd.

In related news, CFO Craig L. Nix purchased 84 shares of the stock in a transaction on Wednesday, February 6th. The shares were purchased at an average cost of $419.86 per share, for a total transaction of $35,268.24. Following the completion of the transaction, the chief financial officer now directly owns 243 shares of the company’s stock, valued at approximately $102,025.98. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders bought 149 shares of company stock worth $59,139. Corporate insiders own 16.20% of the company’s stock.

Shares of First Citizens BancShares stock opened at $422.15 on Wednesday. The stock has a market cap of $4.90 billion, a PE ratio of 12.63 and a beta of 1.19. First Citizens BancShares Inc. has a twelve month low of $355.18 and a twelve month high of $488.44. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.09.

First Citizens BancShares (NASDAQ:FCNCA) last posted its quarterly earnings results on Wednesday, January 30th. The bank reported $7.62 earnings per share (EPS) for the quarter. The firm had revenue of $402.89 million during the quarter. First Citizens BancShares had a net margin of 23.88% and a return on equity of 11.60%.

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Monday, March 18th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date was Friday, March 15th.

TRADEMARK VIOLATION NOTICE: “First Citizens BancShares Inc. (FCNCA) Shares Bought by American Century Companies Inc.” was posted by Watch List News and is the property of of Watch List News. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this news story can be accessed at

First Citizens BancShares Profile

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides banking services to retail and commercial customers. Its deposit products include checking, savings, money market and time deposit accounts. The company's loan products portfolio comprises commercial construction and land development, commercial mortgage, commercial and industrial, lease financing, and other commercial real estate loans; and noncommercial construction and land development, residential mortgage, revolving mortgage, consumer loans, and construction and land development loans.

See Also: Consumer behavior in bull markets

Want to see what other hedge funds are holding FCNCA? Visit to get the latest 13F filings and insider trades for First Citizens BancShares Inc. (NASDAQ:FCNCA).

Institutional Ownership by Quarter for First Citizens BancShares (NASDAQ:FCNCA)

Receive News & Ratings for First Citizens BancShares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Citizens BancShares and related companies with's FREE daily email newsletter.