Glenmede Trust Company Na Decreased Its Fcb Financial Holdings (FCB) Position by $600,300; Share Value Declined; As Sportsmans Whse Hldgs (SPWH) Stock Price Declined, Goodnow Investment Group Has Cut by $2.07 Million Its Position

May 20, 2018 - By Ruchi Gupta

FCB Financial Holdings, Inc. (NYSE:FCB) Logo

Edward Goodnow decreased its stake in Sportsmans Whse Hldgs Inc (SPWH) by 65.59% based on its latest 2017Q4 regulatory filing with the SEC. Goodnow Investment Group Llc sold 344,460 shares as the company’s stock declined 37.95% with the market. The hedge fund run by Edward Goodnow held 180,672 shares of the consumer services company at the end of 2017Q4, valued at $1.19M, down from 525,132 at the end of the previous reported quarter. Goodnow Investment Group Llc who had been investing in Sportsmans Whse Hldgs Inc for a number of months, seems to be less bullish one the $200.13 million market cap company. The stock decreased 4.29% or $0.21 during the last trading session, reaching $4.68. About 313,573 shares traded. Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) has declined 14.19% since May 20, 2017 and is downtrending. It has underperformed by 25.74% the S&P500.

Glenmede Trust Company Na decreased its stake in Fcb Financial Holdings Inc (FCB) by 1.39% based on its latest 2017Q4 regulatory filing with the SEC. Glenmede Trust Company Na sold 12,006 shares as the company’s stock declined 3.72% with the market. The institutional investor held 849,460 shares of the finance company at the end of 2017Q4, valued at $43.15M, down from 861,466 at the end of the previous reported quarter. Glenmede Trust Company Na who had been investing in Fcb Financial Holdings Inc for a number of months, seems to be less bullish one the $2.84B market cap company. The stock increased 1.33% or $0.8 during the last trading session, reaching $60.75. About 679,016 shares traded or 117.75% up from the average. FCB Financial Holdings, Inc. (NYSE:FCB) has risen 7.34% since May 20, 2017 and is uptrending. It has underperformed by 4.21% the S&P500.

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.36, from 1.55 in 2017Q3. It fall, as 19 investors sold FCB shares while 48 reduced holdings. 23 funds opened positions while 57 raised stakes. 40.91 million shares or 0.23% more from 40.82 million shares in 2017Q3 were reported. The New York-based Basswood Mngmt Ltd Com has invested 0.13% in FCB Financial Holdings, Inc. (NYSE:FCB). 229,940 were accumulated by Hancock Hldgs Company. Ameritas Invest Prtnrs holds 0.01% or 3,091 shares in its portfolio. Beese Fulmer Investment Incorporated owns 6,866 shares or 0.07% of their US portfolio. Moreover, Lazard Asset Management Lc has 0.03% invested in FCB Financial Holdings, Inc. (NYSE:FCB). 12,000 were accumulated by Alpine Woods Cap Invsts Ltd Liability Corp. Avalon Advsr Ltd invested 0.07% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB). Schwab Charles Inv Management Inc has invested 0.01% in FCB Financial Holdings, Inc. (NYSE:FCB). Commonwealth Bancorp Of holds 0% or 728 shares in its portfolio. Alliancebernstein Limited Partnership holds 0.01% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB) for 219,922 shares. Ranger Mngmt Ltd Partnership has invested 0.02% in FCB Financial Holdings, Inc. (NYSE:FCB). Legal And General Grp Pcl reported 17,644 shares. Macquarie Gru Ltd holds 0.05% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB) for 533,377 shares. Parkside Bank Trust reported 536 shares. State Board Of Administration Of Florida Retirement Sys holds 0% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB) for 10,805 shares.

Analysts await FCB Financial Holdings, Inc. (NYSE:FCB) to report earnings on July, 24. They expect $0.90 EPS, up 26.76% or $0.19 from last year’s $0.71 per share. FCB’s profit will be $42.07M for 16.88 P/E if the $0.90 EPS becomes a reality. After $0.85 actual EPS reported by FCB Financial Holdings, Inc. for the previous quarter, Wall Street now forecasts 5.88% EPS growth.

More notable recent FCB Financial Holdings, Inc. (NYSE:FCB) news were published by: Businesswire.com which released: “Florida Community Bank Raises Funds, Backpacks and Awareness on Behalf of National Foster Care Month” on May 15, 2018, also Bizjournals.com with their article: “Florida Community Bank in talks with buyers, sources say” published on April 30, 2018, Digitaljournal.com published: “NYSE:FCB Investor Alert: Investigation over Potential Wrongdoing at FCB Financial Holdings, Inc” on April 27, 2018. More interesting news about FCB Financial Holdings, Inc. (NYSE:FCB) were released by: Bizjournals.com and their article: “Marriott-branded hotel breaks ground in downtown West Palm Beach” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Updates: FCB Financial And New York Community Bancorp” with publication date: April 27, 2018.

Among 11 analysts covering FCB Financial Holdings (NYSE:FCB), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. FCB Financial Holdings had 24 analyst reports since July 22, 2015 according to SRatingsIntel. Guggenheim upgraded the shares of FCB in report on Wednesday, January 27 to “Buy” rating. The stock has “Buy” rating by Gabelli on Thursday, January 7. On Monday, February 5 the stock rating was maintained by Hovde Group with “Hold”. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, January 24 report. RBC Capital Markets maintained FCB Financial Holdings, Inc. (NYSE:FCB) on Wednesday, October 25 with “Buy” rating. The firm has “Hold” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. Hovde Group maintained FCB Financial Holdings, Inc. (NYSE:FCB) on Monday, August 22 with “Outperform” rating. As per Wednesday, November 30, the company rating was initiated by Raymond James. The rating was maintained by RBC Capital Markets with “Buy” on Friday, December 8. Deutsche Bank maintained FCB Financial Holdings, Inc. (NYSE:FCB) on Friday, September 23 with “Buy” rating.

Glenmede Trust Company Na, which manages about $24.00B US Long portfolio, upped its stake in Liberty Media Corp Delaware by 9,500 shares to 12,816 shares, valued at $507,000 in 2017Q4, according to the filing. It also increased its holding in Priceline Group Inc (NASDAQ:PCLN) by 2,528 shares in the quarter, for a total of 44,950 shares, and has risen its stake in American Electric Power (NYSE:AEP).

Analysts await Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) to report earnings on May, 24 before the open. They expect $-0.09 EPS, down 12.50% or $0.01 from last year’s $-0.08 per share. After $0.20 actual EPS reported by Sportsman's Warehouse Holdings, Inc. for the previous quarter, Wall Street now forecasts -145.00% negative EPS growth.

FCB Financial Holdings, Inc. (NYSE:FCB) Institutional Positions Chart

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