FCB Financial Holdings, Inc. (NYSE:FCB) insider Stuart I. Oran sold 11,142 shares of the firm’s stock in a transaction dated Friday, October 6th. The shares were sold at an average price of $48.90, for a total value of $544,843.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of FCB Financial Holdings, Inc. (NYSE:FCB) opened at 48.25 on Thursday. The stock has a 50 day moving average price of $45.33 and a 200 day moving average price of $46.66. The company has a market capitalization of $2.09 billion, a PE ratio of 16.82 and a beta of 1.34. FCB Financial Holdings, Inc. has a one year low of $35.55 and a one year high of $50.33.
FCB Financial Holdings (NYSE:FCB) last issued its quarterly earnings results on Tuesday, July 25th. The bank reported $0.71 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.08. The firm had revenue of $83.00 million for the quarter, compared to analyst estimates of $83.47 million. FCB Financial Holdings had a net margin of 33.95% and a return on equity of 11.11%. FCB Financial Holdings’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period last year, the company posted $0.56 EPS. On average, equities research analysts predict that FCB Financial Holdings, Inc. will post $2.76 earnings per share for the current year.
WARNING: “Stuart I. Oran Sells 11,142 Shares of FCB Financial Holdings, Inc. (FCB) Stock” was first published by Markets Daily and is the property of of Markets Daily. If you are viewing this news story on another site, it was stolen and reposted in violation of international trademark & copyright law. The original version of this news story can be read at https://www.themarketsdaily.com/2017/10/12/stuart-i-oran-sells-11142-shares-of-fcb-financial-holdings-inc-fcb-stock.html.
FCB has been the topic of a number of recent analyst reports. BidaskClub cut FCB Financial Holdings from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. Royal Bank Of Canada initiated coverage on FCB Financial Holdings in a report on Monday, July 17th. They set an “outperform” rating and a $56.00 price target on the stock. ValuEngine cut FCB Financial Holdings from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised FCB Financial Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 10th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $51.00 price target on shares of FCB Financial Holdings in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. FCB Financial Holdings presently has an average rating of “Hold” and a consensus target price of $53.40.
Institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC lifted its stake in FCB Financial Holdings by 23.6% in the 1st quarter. SG Americas Securities LLC now owns 3,397 shares of the bank’s stock valued at $168,000 after buying an additional 649 shares in the last quarter. Whittier Trust Co. lifted its stake in FCB Financial Holdings by 2.6% in the 2nd quarter. Whittier Trust Co. now owns 50,389 shares of the bank’s stock valued at $2,406,000 after buying an additional 1,278 shares in the last quarter. Vanguard Group Inc. lifted its stake in FCB Financial Holdings by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 2,826,402 shares of the bank’s stock valued at $140,048,000 after buying an additional 101,061 shares in the last quarter. Emerald Advisers Inc. PA lifted its stake in FCB Financial Holdings by 33.1% in the 2nd quarter. Emerald Advisers Inc. PA now owns 635,513 shares of the bank’s stock valued at $30,346,000 after buying an additional 158,130 shares in the last quarter. Finally, Parametric Portfolio Associates LLC lifted its stake 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 buying an additional 285 shares in the last quarter. 94.00% of the stock is currently owned by hedge funds and other institutional investors.
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.
Receive News & Ratings for FCB Financial Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FCB Financial Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.