Stuart I. Oran Sells 5,000 Shares of FCB Financial Holdings Inc (FCB) Stock

FCB Financial Holdings Inc (NYSE:FCB) insider Stuart I. Oran sold 5,000 shares of FCB Financial stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $54.14, for a total transaction of $270,700.00. Following the completion of the transaction, the insider now owns 12,104 shares of the company’s stock, valued at approximately $655,310.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of FCB Financial Holdings Inc (FCB) opened at $56.60 on Friday. The firm has a market cap of $2,472.57, a P/E ratio of 20.48, a PEG ratio of 0.90 and a beta of 1.35. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76. FCB Financial Holdings Inc has a 12-month low of $39.90 and a 12-month high of $56.65.

FCB Financial (NYSE:FCB) last issued its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 earnings per share for the quarter, topping the consensus estimate 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 net margin of 34.09% and a return on equity of 11.42%. During the same quarter in the previous year, the firm earned $0.60 EPS. research analysts expect that FCB Financial Holdings Inc will post 2.82 earnings per share for the current fiscal year.

FCB has been the subject of a number of recent research reports. Royal Bank of Canada reiterated a “buy” rating and issued a $54.00 price target on shares of FCB Financial in a research note on Wednesday, October 25th. Zacks Investment Research upgraded shares of FCB Financial from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a research report on Tuesday, December 26th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $51.00 price objective on shares of FCB Financial in a research report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. FCB Financial presently has a consensus rating of “Buy” and an average price target of $56.00.

Large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC purchased a new stake in shares of FCB Financial during the 2nd quarter worth approximately $109,000. Valeo Financial Advisors LLC purchased a new stake in shares of FCB Financial during the 3rd quarter worth approximately $146,000. Ameritas Investment Partners Inc. lifted its position in shares of FCB Financial by 19.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,091 shares of the bank’s stock worth $148,000 after buying an additional 504 shares during the last quarter. M&R Capital Management Inc. lifted its position in shares of FCB Financial by 600.0% during the 2nd quarter. M&R Capital Management Inc. now owns 3,500 shares of the bank’s stock worth $152,000 after buying an additional 3,000 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of FCB Financial by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 4,062 shares of the bank’s stock worth $194,000 after buying an additional 609 shares during the last quarter. Institutional investors and hedge funds own 93.98% 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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