Les J. Lieberman Sells 20,969 Shares of FCB Financial Holdings Inc (FCB) Stock

FCB Financial Holdings Inc (NYSE:FCB) insider Les J. Lieberman sold 20,969 shares of the company’s stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $53.72, for a total value of $1,126,454.68. Following the transaction, the insider now owns 313,789 shares of the company’s stock, valued at approximately $16,856,745.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

FCB Financial Holdings Inc (NYSE FCB) opened at $55.75 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $2,446.03, a price-to-earnings ratio of 20.57, a price-to-earnings-growth ratio of 0.90 and a beta of 1.35. FCB Financial Holdings Inc has a twelve month low of $39.90 and a twelve month high of $56.55.

FCB Financial (NYSE:FCB) last posted its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. The business had revenue of $84.21 million during the quarter, compared to the consensus estimate of $87.16 million. FCB Financial had a return on equity of 11.42% and a net margin of 34.09%. During the same quarter in the prior year, the company earned $0.60 earnings per share. equities analysts forecast that FCB Financial Holdings Inc will post 2.82 EPS for the current year.

FCB has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods restated a “hold” rating and set a $51.00 target price on shares of FCB Financial in a report on Tuesday, October 3rd. Zacks Investment Research downgraded FCB Financial from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Finally, Royal Bank of Canada restated a “buy” rating and set a $54.00 target price on shares of FCB Financial in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. FCB Financial currently has a consensus rating of “Buy” and a consensus price target of $56.00.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Suntrust Banks Inc. raised its holdings in FCB Financial by 1.6% in the second quarter. Suntrust Banks Inc. now owns 8,937 shares of the bank’s stock worth $426,000 after purchasing an additional 142 shares in the last quarter. HighTower Advisors LLC raised its holdings in FCB Financial by 0.8% in the second quarter. HighTower Advisors LLC now owns 27,280 shares of the bank’s stock worth $1,294,000 after purchasing an additional 227 shares in the last quarter. Ameritas Investment Partners Inc. raised its holdings in FCB Financial by 19.5% in the second quarter. Ameritas Investment Partners Inc. now owns 3,091 shares of the bank’s stock worth $148,000 after purchasing an additional 504 shares in the last quarter. Victory Capital Management Inc. raised its holdings in FCB Financial by 17.6% in the second quarter. Victory Capital Management Inc. now owns 4,062 shares of the bank’s stock worth $194,000 after purchasing an additional 609 shares in the last quarter. Finally, Symphony Asset Management LLC raised its holdings in FCB Financial by 4.0% in the second quarter. Symphony Asset Management LLC now owns 15,914 shares of the bank’s stock worth $760,000 after purchasing an additional 613 shares in the last quarter. Institutional investors and hedge funds own 93.72% 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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