FCB Financial Holdings, Inc. (NYSE:FCB) insider Les J. Lieberman sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $47.14, for a total transaction of $282,840.00. Following the transaction, the insider now directly owns 342,198 shares in the company, valued at $16,131,213.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of FCB Financial Holdings, Inc. (NYSE FCB) traded down 2.75% during mid-day trading on Thursday, reaching $44.25. 270,853 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $47.33 and its 200-day moving average price is $47.55. FCB Financial Holdings, Inc. has a 12-month low of $35.55 and a 12-month high of $50.33. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 15.42 and a beta of 1.29.

FCB Financial Holdings (NYSE:FCB) last posted its earnings results on Tuesday, July 25th. The bank reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.08. The business had revenue of $83 million for the quarter, compared to analysts’ expectations of $83.47 million. FCB Financial Holdings had a net margin of 33.95% and a return on equity of 11.11%. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.56 EPS. Equities research analysts forecast that FCB Financial Holdings, Inc. will post $2.80 earnings per share for the current year.

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Institutional investors have recently modified their holdings of the company. Oppenheimer Asset Management Inc. acquired a new position in shares of FCB Financial Holdings during the first quarter valued at $117,000. Ameritas Investment Partners Inc. acquired a new position in shares of FCB Financial Holdings during the first quarter valued at $128,000. SG Americas Securities LLC boosted its position in shares of FCB Financial Holdings by 23.6% in the first 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 during the period. Victory Capital Management Inc. boosted its position in shares of FCB Financial Holdings by 16.7% in the first quarter. Victory Capital Management Inc. now owns 3,453 shares of the bank’s stock valued at $171,000 after buying an additional 494 shares during the period. Finally, Teza Capital Management LLC acquired a new position in shares of FCB Financial Holdings during the first quarter valued at $204,000. Hedge funds and other institutional investors own 95.44% of the company’s stock.

FCB has been the topic of several research reports. Deutsche Bank AG reaffirmed a “buy” rating and issued a $57.00 price objective (up previously from $56.00) on shares of FCB Financial Holdings in a research report on Sunday, April 23rd. Zacks Investment Research lowered shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Monday, April 24th. BidaskClub lowered shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. ValuEngine raised shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Finally, Royal Bank Of Canada initiated coverage on shares of FCB Financial Holdings in a research report on Monday, July 17th. They issued an “outperform” rating and a $56.00 price objective on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $51.67.

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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