FCB Financial Holdings, Inc. (FCB) President & CEO Kent Ellert, Sold $1,781,883 in Stock; Western Asset Managed Municipals Fund (MMU) Has 0.54 Sentiment

The stock 0.02% or $0 during the last trading session, reaching $13.98. It is up 7.76% since January 19, 2017 and is downtrending. It has underperformed by 24.46% the S&P500.

Kent Ellert, an insider of Fcb Financial Holdings Inc, currently President & CEO a few days ago disclosed a huge transaction with the U.S. Security & Exchange Commission. As published in the public form, Kent Ellert purchased 32,301 shares of the Pinksheet-listed company, priced at $55.2 per share. $1,781,883 USD was the transaction’s value. The SEC filing’s date was January 18, 2018. In the last month, he also sold 193,683 shares that are worth about $10,067,610 USD. Currently, Mr. Kent, has ownership of 222,489 shares, which accounts for 0.51% of Fcb Financial Holdings Inc’s market capitalization.

Macroview Investment Management Llc holds 0.42% of its portfolio in Western Asset Managed Municipals Fund Inc. for 5,989 shares. Paragon Capital Management Ltd owns 65,885 shares or 0.35% of their US portfolio. Moreover, Smith Moore & Co. has 0.23% invested in the company for 58,583 shares. The Indiana-based Walter & Keenan Financial Consulting Co Mi Adv has invested 0.23% in the stock. Robinson Capital Management Llc, a Michigan-based fund reported 34,831 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $28,503 activity.

Analysts await FCB Financial Holdings, Inc. (NYSE:FCB) to report earnings on January, 24. They expect $0.74 earnings per share, up 19.35% or $0.12 from last year’s $0.62 per share. FCB’s profit will be $32.47 million for 18.75 P/E if the $0.74 EPS becomes a reality. After $0.74 actual earnings per share reported by FCB Financial Holdings, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

It closed at $55.5 lastly. It is up 30.63% since January 19, 2017 and is uptrending. It has outperformed by 13.93% the S&P500.

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 has $56 highest and $36 lowest target. $44.88’s average target is -19.14% below currents $55.5 stock price. FCB Financial Holdings had 18 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Hovde Group on Monday, August 22. RBC Capital Markets maintained FCB Financial Holdings, Inc. (NYSE:FCB) on Wednesday, July 26 with “Buy” rating. The rating was maintained by Deutsche Bank on Friday, November 6 with “Buy”. UBS maintained it with “Buy” rating and $42 target in Friday, October 21 report. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, October 25 report. Guggenheim upgraded the stock to “Buy” rating in Wednesday, January 27 report. Deutsche Bank maintained the shares of FCB in report on Friday, September 23 with “Buy” rating. As per Wednesday, November 30, the company rating was initiated by Raymond James. UBS downgraded it to “Neutral” rating and $52 target in Wednesday, January 11 report. As per Friday, December 8, the company rating was maintained by RBC Capital Markets.

Since July 31, 2017, it had 0 insider buys, and 68 insider sales for $57.46 million activity. On Tuesday, January 2 the insider ORAN STUART I sold $255,353. Lieberman Les J sold 62,866 shares worth $2.96M. $942,477 worth of FCB Financial Holdings, Inc. (NYSE:FCB) shares were sold by TESE VINCENT. 1,813 FCB Financial Holdings, Inc. (NYSE:FCB) shares with value of $79,744 were sold by NOVELLY PAUL A. Ellert Kent S sold $1.12M worth of FCB Financial Holdings, Inc. (NYSE:FCB) on Friday, December 29. 20,000 shares valued at $1.02 million were sold by SALERNO FREDERIC V on Tuesday, January 2. BERNIKOW ALAN S had sold 44,130 shares worth $2.16M.

Investors sentiment increased to 1.55 in 2017 Q3. Its up 0.03, from 1.52 in 2017Q2. It improved, 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. Nationwide Fund Advsrs reported 0.01% in FCB Financial Holdings, Inc. (NYSE:FCB). Amalgamated Bancorp has invested 0.01% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB). Snyder Cap Ltd Partnership stated it has 1.61% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB). Gamco Investors Et Al owns 163,019 shares for 0.05% of their portfolio. Timessquare Capital Mgmt Limited Liability Company has invested 0.17% in FCB Financial Holdings, Inc. (NYSE:FCB). Jpmorgan Chase And has 1.23 million shares for 0.01% of their portfolio. First Mercantile holds 0.05% or 6,102 shares in its portfolio. Keybank National Association Oh holds 6,832 shares. Chicago Equity Ptnrs Ltd Liability Corporation accumulated 0.02% or 12,970 shares. France-based Bnp Paribas Asset Mngmt has invested 0.05% in FCB Financial Holdings, Inc. (NYSE:FCB). 27,265 are owned by Credit Suisse Ag. Anchorage Cap Lc accumulated 211,500 shares or 0.11% of the stock. State Common Retirement Fund holds 0% or 39,900 shares in its portfolio. Pinnacle Assocs Limited holds 0.11% in FCB Financial Holdings, Inc. (NYSE:FCB) or 119,675 shares. Emerald Advisers Pa accumulated 677,903 shares.

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 $2.44 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 18.79 P/E ratio. It also offers consumer loans, such as personal and auto loans, recreational loans, and home improvement/second mortgage loans.