FCB Financial Holdings, Inc. (FCB) Insider Les J. Lieberman Sells 18,500 Shares of Stock

FCB Financial Holdings, Inc. (NYSE:FCB) insider Les J. Lieberman sold 18,500 shares of the firm’s stock in a transaction on Thursday, February 9th. The stock was sold at an average price of $45.30, for a total value of $838,050.00. Following the completion of the transaction, the insider now owns 307,707 shares in the company, valued at $13,939,127.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

FCB Financial Holdings, Inc. (NYSE:FCB) traded up 0.593% during mid-day trading on Monday, hitting $46.625. The company’s stock had a trading volume of 195,944 shares. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 19.874 and a beta of 1.38. The firm has a 50 day moving average of $46.96 and a 200-day moving average of $41.11. FCB Financial Holdings, Inc. has a 52-week low of $29.05 and a 52-week high of $49.40.

FCB Financial Holdings (NYSE:FCB) last announced its earnings results on Wednesday, January 25th. The company reported $0.62 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.01. FCB Financial Holdings had a net margin of 28.63% and a return on equity of 10.77%. The business had revenue of $78.99 million for the quarter, compared to the consensus estimate of $77.39 million. During the same quarter in the prior year, the firm posted $0.52 earnings per share. The business’s revenue for the quarter was up 13.6% on a year-over-year basis. On average, equities research analysts expect that FCB Financial Holdings, Inc. will post $2.71 EPS for the current fiscal year.

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

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Large investors have recently made changes to their positions in the stock. Teachers Advisors LLC increased its stake in shares of FCB Financial Holdings by 0.5% in the third quarter. Teachers Advisors LLC now owns 68,759 shares of the company’s stock valued at $2,642,000 after buying an additional 365 shares in the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of FCB Financial Holdings by 0.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 57,417 shares of the company’s stock valued at $1,953,000 after buying an additional 462 shares in the last quarter. Suntrust Banks Inc. increased its stake in shares of FCB Financial Holdings by 6.6% in the third quarter. Suntrust Banks Inc. now owns 8,405 shares of the company’s stock valued at $322,000 after buying an additional 519 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of FCB Financial Holdings by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 4,644 shares of the company’s stock valued at $158,000 after buying an additional 562 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in shares of FCB Financial Holdings by 1.9% in the third quarter. Rhumbline Advisers now owns 35,745 shares of the company’s stock valued at $1,374,000 after buying an additional 680 shares in the last quarter. 95.97% of the stock is currently owned by institutional investors and hedge funds.

FCB has been the topic of several research analyst reports. Zacks Investment Research raised FCB Financial Holdings from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research note on Monday, December 26th. Raymond James Financial, Inc. initiated coverage on FCB Financial Holdings in a research note on Wednesday, November 30th. They set a “mkt perform” rating on the stock. Citigroup Inc. initiated coverage on FCB Financial Holdings in a research note on Wednesday, November 30th. They set a “market perform” rating on the stock. Hovde Group downgraded FCB Financial Holdings from an “outperform” rating to a “market perform” rating in a research note on Monday, November 14th. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of FCB Financial Holdings in a research note on Friday, October 21st. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. FCB Financial Holdings has an average rating of “Buy” and a consensus price target of $46.33.

FCB Financial Holdings Company Profile

FCB Financial Holdings, Inc is a bank holding company with one 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. The Company provides a range of financial products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities through approximately 50 branches in south and central Florida.

5 Day Chart for NYSE:FCB

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