Stuart I. Oran Sells 11,142 Shares of FCB Financial Holdings, Inc. (FCB) Stock

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.

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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.

Insider Buying and Selling by Quarter for FCB Financial Holdings (NYSE:FCB)

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