FCB Financial Holdings, Inc. (NYSE:FCB) insider Stuart I. Oran sold 11,141 shares of the company’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $44.40, for a total transaction of $494,660.40. Following the completion of the transaction, the insider now directly owns 18,245 shares of the company’s stock, valued at approximately $810,078. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

FCB Financial Holdings, Inc. (NYSE FCB) opened at 46.00 on Friday. FCB Financial Holdings, Inc. has a one year low of $35.55 and a one year high of $50.33. The company has a 50-day moving average of $44.17 and a 200 day moving average of $46.73. The company has a market cap of $1.99 billion, a P/E ratio of 16.03 and a beta of 1.31.

FCB Financial Holdings (NYSE:FCB) last announced 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. FCB Financial Holdings had a net margin of 33.95% and a return on equity of 11.11%. The business had revenue of $83.00 million for the quarter, compared to analyst estimates of $83.47 million. During the same quarter last year, the business earned $0.56 earnings per share. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. Analysts anticipate that FCB Financial Holdings, Inc. will post $2.76 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently made changes to their positions in FCB. Tower Research Capital LLC TRC acquired a new stake in shares of FCB Financial Holdings in the second quarter valued at about $109,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of FCB Financial Holdings in the first quarter valued at about $117,000. Ameritas Investment Partners Inc. acquired a new stake in shares of FCB Financial Holdings in the first quarter valued at about $128,000. M&R Capital Management Inc. grew its position in shares of FCB Financial Holdings by 600.0% in the second quarter. M&R Capital Management Inc. now owns 3,500 shares of the bank’s stock valued at $152,000 after purchasing an additional 3,000 shares during the period. Finally, SG Americas Securities LLC grew 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 purchasing an additional 649 shares during the period. Institutional investors and hedge funds own 94.00% of the company’s stock.

Several brokerages recently weighed in on FCB. ValuEngine raised shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Zacks Investment Research raised shares of FCB Financial Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 10th. BidaskClub downgraded shares of FCB Financial Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Royal Bank Of Canada began coverage on shares of FCB Financial Holdings in a report on Monday, July 17th. They issued an “outperform” rating and a $56.00 target price for the company. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $51.00 target price on shares of FCB Financial Holdings in a report on Thursday, July 27th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $53.40.

About FCB Financial Holdings

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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