FCB Financial Holdings, Inc. (NYSE:FCB) insider Les J. Lieberman sold 25,520 shares of the stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $47.64, for a total transaction of $1,215,772.80. Following the sale, the insider now directly owns 322,105 shares of the company’s stock, valued at approximately $15,345,082.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FCB Financial Holdings, Inc. (NYSE:FCB) opened at 48.30 on Friday. FCB Financial Holdings, Inc. has a 12-month low of $35.55 and a 12-month high of $50.33. The firm has a 50 day moving average of $44.17 and a 200-day moving average of $46.73. The stock has a market cap of $2.09 billion, a PE ratio of 16.84 and a beta of 1.31.

FCB Financial Holdings (NYSE:FCB) last issued its earnings results on Tuesday, July 25th. The bank reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.08. FCB Financial Holdings had a net margin of 33.95% and a return on equity of 11.11%. The business had revenue of $83.00 million during the quarter, compared to analysts’ expectations of $83.47 million. During the same quarter in the prior year, the business posted $0.56 EPS. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. On average, analysts expect that FCB Financial Holdings, Inc. will post $2.76 earnings per share for the current year.

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A number of hedge funds have recently added to or reduced their stakes in the stock. Suntrust Banks Inc. raised its position in FCB Financial Holdings by 1.6% in the 2nd quarter. Suntrust Banks Inc. now owns 8,937 shares of the bank’s stock valued at $426,000 after purchasing an additional 142 shares during the last quarter. Clinton Group Inc. raised its position in FCB Financial Holdings by 0.9% in the 1st quarter. Clinton Group Inc. now owns 18,177 shares of the bank’s stock valued at $901,000 after purchasing an additional 169 shares during the last quarter. HighTower Advisors LLC raised its position in FCB Financial Holdings by 0.8% in the 2nd quarter. HighTower Advisors LLC now owns 27,280 shares of the bank’s stock valued at $1,294,000 after purchasing an additional 227 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in FCB Financial Holdings by 1.0% in the 1st quarter. Parametric Portfolio Associates LLC now owns 28,660 shares of the bank’s stock valued at $1,420,000 after purchasing an additional 285 shares during the last quarter. Finally, Campbell Newman Asset Management Inc. raised its position in FCB Financial Holdings by 4.8% in the 2nd quarter. Campbell Newman Asset Management Inc. now owns 9,211 shares of the bank’s stock valued at $440,000 after purchasing an additional 426 shares during the last quarter. Hedge funds and other institutional investors own 94.00% of the company’s stock.

A number of research firms recently commented on FCB. ValuEngine raised shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Zacks Investment Research raised shares of FCB Financial Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 10th. BidaskClub cut shares of FCB Financial Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Royal Bank Of Canada initiated coverage on shares of FCB Financial Holdings in a report on Monday, July 17th. They issued an “outperform” rating and a $56.00 price target for the company. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $51.00 price target on shares of FCB Financial Holdings in a report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $53.40.

FCB Financial Holdings 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 Holdings (NYSE:FCB)

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