FCB Financial Holdings Inc (NYSE:FCB) CEO Kent S. Ellert sold 20,537 shares of FCB Financial stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $51.22, for a total transaction of $1,051,905.14. Following the transaction, the chief executive officer now owns 146,479 shares in the company, valued at $7,502,654.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

FCB Financial Holdings Inc (NYSE:FCB) opened at $50.80 on Friday. 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 Holdings Inc has a fifty-two week low of $39.90 and a fifty-two week high of $54.10. The company has a market cap of $2,154.25, a price-to-earnings ratio of 18.12, a PEG ratio of 1.22 and a beta of 1.36.

FCB Financial (NYSE:FCB) last posted its quarterly earnings results on Tuesday, October 24th. The bank reported $0.74 EPS for the quarter, beating the 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 business had revenue of $84.21 million for the quarter, compared to analysts’ expectations of $87.16 million. During the same period in the previous year, the company posted $0.60 EPS. sell-side analysts predict that FCB Financial Holdings Inc will post 2.84 earnings per share for the current year.

FCB has been the topic of several research analyst reports. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $51.00 price objective on shares of FCB Financial in a research report on Tuesday, October 3rd. ValuEngine cut shares of FCB Financial from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Royal Bank of Canada restated a “buy” rating and set a $54.00 price target on shares of FCB Financial in a report on Wednesday, October 25th. Finally, Zacks Investment Research cut shares of FCB Financial from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. One equities research 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. The company presently has an average rating of “Hold” and a consensus target price of $53.40.

Several institutional investors have recently bought and sold shares of FCB. Lazard Asset Management LLC purchased a new position in shares of FCB Financial during the 2nd quarter valued at $17,499,000. TimesSquare Capital Management LLC grew its holdings in shares of FCB Financial by 217.4% during the 2nd quarter. TimesSquare Capital Management LLC now owns 532,600 shares of the bank’s stock valued at $25,432,000 after acquiring an additional 364,800 shares in the last quarter. Macquarie Group Ltd. grew its holdings in shares of FCB Financial by 159.3% during the 3rd quarter. Macquarie Group Ltd. now owns 506,892 shares of the bank’s stock valued at $24,483,000 after acquiring an additional 311,406 shares in the last quarter. Vanguard Group Inc. boosted its holdings in FCB Financial by 9.3% in the second quarter. Vanguard Group Inc. now owns 3,089,371 shares of the bank’s stock worth $147,518,000 after purchasing an additional 262,969 shares in the last quarter. Finally, Chartwell Investment Partners LLC bought a new stake in FCB Financial in the third quarter worth $11,094,000. Institutional investors and hedge funds own 93.98% of the company’s stock.

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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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