November 23, 2016 - By Richard Conner
Stuart Oran, an insider and also Secretary of the famous company Fcb Financial Holdings Inc made deal. He unloaded 20,000 shares of the firm with the insider sale transaction having a market value of $845,840 US Dollars – which is based on a stock price of $42.3 per share. It seems he is very active lately as in the last month, he sold additional 14,000 shares of the company, worth $548,724 USD. This deal, which was filled on 23-11-2016 was made public in a document with the D.C. based-SEC. Stuart Oran now has in hand 5,419 shares of Fcb Financial Holdings Inc.
Out of 7 analysts covering FCB Financial Holdings (NYSE:FCB), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. $44 is the highest target while $36 is the lowest. The $39.67 average target is -6.88% below today’s ($42.6) stock price. FCB Financial Holdings has been the topic of 9 analyst reports since July 22, 2015 according to StockzIntelligence Inc. As per Friday, September 23, the company rating was maintained by Deutsche Bank. On Monday, November 14 the stock rating was downgraded by Hovde Group to “Market Perform”. UBS maintained it with “Buy” rating and $42 target price in Friday, October 21 report. The firm has “Buy” rating given on Thursday, January 7 by Gabelli. Deutsche Bank maintained the stock with “Buy” rating in Friday, November 6 report. The company was maintained on Monday, August 22 by Hovde Group. The firm has “Buy” rating by Guggenheim given on Wednesday, January 27.
Insitutional Activity: The institutional sentiment decreased to 1.24 in Q2 2016. Its down 0.20, from 1.44 in 2016Q1. The ratio dived, as 10 funds sold all FCB Financial Holdings Inc shares owned while 47 reduced positions. 31 funds bought stakes while 51 increased positions. They now own 32.21 million shares or 4.40% less from 33.69 million shares in 2016Q1.
Teachers Advsr Incorporated last reported 0% of its portfolio in the stock. Cubist Systematic Strategies Ltd Llc last reported 6,511 shares in the company. Navellier Assoc, a Nevada-based fund reported 7,000 shares. Moreover, Royal Savings Bank Of Canada has 0% invested in FCB Financial Holdings Inc (NYSE:FCB) for 8,720 shares. First Comml Bank has 0.04% invested in the company for 11,705 shares. Tudor Corp Et Al last reported 0.02% of its portfolio in the stock. Blackrock Fund Advsr accumulated 701,894 shares or 0.01% of the stock. Fdx Advsr reported 6,477 shares or 0.01% of all its holdings. Capital Investors holds 0.02% or 1.68M shares in its portfolio. Metropolitan Life Insur Company holds 0.01% of its portfolio in FCB Financial Holdings Inc (NYSE:FCB) for 21,703 shares. Federated Invsts Pa has 0% invested in the company for 857 shares. Moreover, Secor Cap Limited Partnership has 0.23% invested in FCB Financial Holdings Inc (NYSE:FCB) for 54,082 shares. Snyder Cap L P last reported 1.09% of its portfolio in the stock. Glenmede Tru Na has 0.15% invested in the company for 740,359 shares. Symphony Asset Mngmt Limited Liability Corporation holds 19,322 shares or 0.07% of its portfolio.
Insider Transactions: Since July 27, 2016, the stock had 0 buys, and 9 selling transactions for $7.09 million net activity. On Thursday, September 8 the insider ORAN STUART I sold $387,365. On Monday, August 15 the insider NOVELLY PAUL A. sold $1.85 million.
The stock increased 0.47% or $0.2 during the last trading session, hitting $42.6. About 609,205 shares traded hands or 102.04% up from the average. FCB Financial Holdings Inc (NYSE:FCB) has risen 24.09% since April 21, 2016 and is uptrending. It has outperformed by 18.76% the S&P500.
FCB Financial Holdings, Inc. is a bank holding firm with one national bank subsidiary, Florida Community Bank, National Association . The company has a market cap of $1.78 billion. The Firm operates in the Community Banking segment. It has a 18.1 P/E ratio. Through the Bank, the Company provides a range of retail and commercial banking services.
According to Zacks Investment Research, “FCB Financial Holdings Inc. is a bank holding company for Florida Community Bank. The Company, through its subsidiaries, operates community banks in Florida, United States. The Bank offers a comprehensive range of traditional banking products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities. FCB Financial Holdings Inc. is headquartered in Weston, Florida.”
Analysts await FCB Financial Holdings Inc (NYSE:FCB) to report earnings on January, 23. They expect $0.61 earnings per share, up 17.31% or $0.09 from last year’s $0.52 per share. FCB’s profit will be $25.49 million for 17.46 P/E if the $0.61 EPS becomes a reality. After $0.59 actual earnings per share reported by FCB Financial Holdings Inc for the previous quarter, Wall Street now forecasts 3.39% EPS growth.
More important recent FCB Financial Holdings Inc (NYSE:FCB) news were published by: Businesswire.com which released: “FCB Financial Holdings, Inc. Announces New Chief Financial Officer” on January 20, 2016, also Businesswire.com published article titled: “FCB Financial Holdings, Inc. Sets Earnings Release and Conference Call Date ..”, Businesswire.com published: “FCB Financial Holdings, Inc. Sets Earnings Release and Conference Call Date ..” on October 04, 2016. More interesting news about FCB Financial Holdings Inc (NYSE:FCB) was released by: Businesswire.com and their article: “FCB Financial Holdings, Inc. Announces the Pricing of Its Initial Public Offering” with publication date: August 01, 2014.
FCB Financial Holdings, Inc., incorporated on April 1, 2009, is a bank holding firm with one national bank subsidiary, Florida Community Bank, National Association (the Bank). The Firm operates in the Community Banking segment. Through the Bank, the Company provides a range of retail and commercial banking services. The Firm provides a range of financial services and products 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. The Firm targets retail clients and commercial clients engaged in various industries, including healthcare and professional services; retail and wholesale trade; tourism; agricultural services; manufacturing; distribution and distribution-related industries; technology; automotive; aviation; food products; building materials; residential housing, and commercial real estate. It also selectively participates in syndicated loans to national credits.
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