FCB Financial Holdings, Inc. (FCB) Reaches $55.75 52-Week High; Community Health Systems New (CYH) Shorts Decreased By 1.01%

January 14, 2018 - By Clifton Ray

The stock of FCB Financial Holdings, Inc. (NYSE:FCB) hit a new 52-week high and has $58.54 target or 5.00% above today’s $55.75 share price. The 5 months bullish chart indicates low risk for the $2.45B company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $58.54 price target is reached, the company will be worth $122.30 million more. The stock increased 0.72% or $0.4 during the last trading session, reaching $55.75. About 198,536 shares traded. FCB Financial Holdings, Inc. (NYSE:FCB) has risen 30.63% since January 14, 2017 and is uptrending. It has outperformed by 13.93% the S&P500.

Community Health Systems Incorporated New (NYSE:CYH) had a decrease of 1.01% in short interest. CYH’s SI was 32.06M shares in January as released by FINRA. Its down 1.01% from 32.39 million shares previously. With 2.28 million avg volume, 14 days are for Community Health Systems Incorporated New (NYSE:CYH)’s short sellers to cover CYH’s short positions. The SI to Community Health Systems Incorporated New’s float is 30.2%. The stock increased 3.62% or $0.18 during the last trading session, reaching $5.15. About 8.36M shares traded or 143.44% up from the average. Community Health Systems, Inc. (NYSE:CYH) has declined 21.59% since January 14, 2017 and is downtrending. It has underperformed by 38.29% the S&P500.

FCB Financial Holdings, Inc. operates as the bank holding firm for Florida Community Bank, N.A. that provides various financial services and products to individuals, small and medium-sized businesses, large businesses, and other local organizations and entities in south and central Florida. The company has market cap of $2.45 billion. The firm offers various deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificates of deposit; checking products; and money market accounts and IRAs. It has a 18.88 P/E ratio. It also offers consumer loans, such as personal and auto loans, recreational loans, and home improvement/second mortgage loans.

Among 10 analysts covering FCB Financial Holdings (NYSE:FCB), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. FCB Financial Holdings had 18 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Friday, November 6. The stock of FCB Financial Holdings, Inc. (NYSE:FCB) has “Hold” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. As per Monday, November 14, the company rating was downgraded by Hovde Group. RBC Capital Markets maintained FCB Financial Holdings, Inc. (NYSE:FCB) rating on Wednesday, October 25. RBC Capital Markets has “Buy” rating and $54.0 target. The rating was downgraded by UBS to “Neutral” on Wednesday, January 11. RBC Capital Markets maintained FCB Financial Holdings, Inc. (NYSE:FCB) on Friday, December 8 with “Buy” rating. The rating was maintained by Deutsche Bank with “Buy” on Friday, September 23. The stock has “Mkt Perform” rating by Raymond James on Wednesday, November 30. Guggenheim upgraded the shares of FCB in report on Wednesday, January 27 to “Buy” rating. The firm earned “Buy” rating on Thursday, September 7 by RBC Capital Markets.

Analysts await FCB Financial Holdings, Inc. (NYSE:FCB) to report earnings on January, 24. They expect $0.74 EPS, up 19.35% or $0.12 from last year’s $0.62 per share. FCB’s profit will be $32.47 million for 18.83 P/E if the $0.74 EPS becomes a reality. After $0.74 actual EPS reported by FCB Financial Holdings, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment increased to 1.55 in 2017 Q3. Its up 0.03, from 1.52 in 2017Q2. It increased, as 21 investors sold FCB Financial Holdings, Inc. shares while 41 reduced holdings. 25 funds opened positions while 71 raised stakes. 40.82 million shares or 1.34% more from 40.28 million shares in 2017Q2 were reported. Credit Suisse Ag reported 0% stake. Piermont Mgmt Incorporated stated it has 0.74% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB). 342,170 were accumulated by Geode Cap Management Ltd Company. Ameritas Investment Prtn owns 0.01% invested in FCB Financial Holdings, Inc. (NYSE:FCB) for 3,091 shares. Amalgamated State Bank accumulated 4,376 shares. Mufg Americas Corp has invested 0% in FCB Financial Holdings, Inc. (NYSE:FCB). Alps Advisors Inc accumulated 10,753 shares or 0% of the stock. Legal & General Group Public Limited holds 17,912 shares or 0% of its portfolio. 2.85M were accumulated by Capital World Invsts. D E Shaw & invested in 34,252 shares or 0% of the stock. State Board Of Administration Of Florida Retirement invested in 10,805 shares or 0% of the stock. State Street invested in 0% or 1.07 million shares. 1492 Cap Mngmt Ltd Limited Liability Company has invested 0.9% in FCB Financial Holdings, Inc. (NYSE:FCB). Manufacturers Life Ins Com The invested in 779,213 shares or 0.04% of the stock. Numeric Investors Llc has invested 0.1% in FCB Financial Holdings, Inc. (NYSE:FCB).

Since August 11, 2017, it had 3 insider purchases, and 0 selling transactions for $76.86 million activity. 995,551 shares were bought by Chen Tian Qiao, worth $3.95M.

Community Health Systems, Inc., together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. The company has market cap of $576.84 million. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. It currently has negative earnings. The firm also provides outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, ambulatory surgery centers, and home health and hospice agencies.

Among 28 analysts covering Community Health (NYSE:CYH), 3 have Buy rating, 10 Sell and 15 Hold. Therefore 11% are positive. Community Health had 88 analyst reports since August 5, 2015 according to SRatingsIntel. Piper Jaffray maintained the stock with “Sell” rating in Thursday, August 3 report. The firm has “Underperform” rating by Robert W. Baird given on Thursday, October 27. Jefferies maintained Community Health Systems, Inc. (NYSE:CYH) rating on Friday, July 28. Jefferies has “Hold” rating and $700 target. Piper Jaffray maintained Community Health Systems, Inc. (NYSE:CYH) rating on Monday, September 11. Piper Jaffray has “Sell” rating and $6.0 target. The firm has “Outperform” rating given on Wednesday, November 4 by Oppenheimer. Jefferies maintained Community Health Systems, Inc. (NYSE:CYH) on Thursday, July 13 with “Hold” rating. The firm has “Neutral” rating given on Monday, March 27 by Mizuho. The rating was downgraded by Bank of America on Tuesday, May 3 to “Underperform”. Raymond James downgraded Community Health Systems, Inc. (NYSE:CYH) on Monday, April 25 to “Underperform” rating. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 4.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.06, from 0.95 in 2017Q2. It is positive, as 38 investors sold Community Health Systems, Inc. shares while 51 reduced holdings. 30 funds opened positions while 60 raised stakes. 125.01 million shares or 15.83% more from 107.93 million shares in 2017Q2 were reported. Macquarie Group Incorporated Ltd reported 20,000 shares. Nationwide Fund Advisors reported 548,805 shares. One Trading Lp holds 0% or 65,727 shares in its portfolio. Louisiana State Employees Retirement Sys accumulated 46,500 shares. 100 are held by Bamco New York. Profund Advsrs Llc holds 19,896 shares or 0.01% of its portfolio. Aperio Limited Liability Corp accumulated 111,303 shares or 0% of the stock. Moreover, Alps Advsr Incorporated has 0% invested in Community Health Systems, Inc. (NYSE:CYH) for 10,189 shares. National Bank Of America Corp De holds 273,647 shares. Alliancebernstein L P holds 0% or 228,123 shares. Jefferies Gp Lc stated it has 107,205 shares or 0.01% of all its holdings. Employees Retirement Association Of Colorado accumulated 20,361 shares or 0% of the stock. Strs Ohio invested in 12,900 shares. Tiedemann Wealth Limited Com has 20,234 shares. Nomura Asset Mgmt invested 0% of its portfolio in Community Health Systems, Inc. (NYSE:CYH).

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