FCB Financial Holdings Inc (FCB) Shares Bought by Deutsche Bank AG

Deutsche Bank AG increased its stake in shares of FCB Financial Holdings Inc (NYSE:FCB) by 21.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 228,616 shares of the bank’s stock after purchasing an additional 40,218 shares during the quarter. Deutsche Bank AG owned about 0.49% of FCB Financial worth $7,675,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FCB. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in FCB Financial by 28.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,122 shares of the bank’s stock valued at $105,000 after buying an additional 683 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its holdings in FCB Financial by 11.1% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 7,118 shares of the bank’s stock valued at $239,000 after buying an additional 713 shares during the period. United Services Automobile Association lifted its holdings in FCB Financial by 1.0% in the fourth quarter. United Services Automobile Association now owns 96,110 shares of the bank’s stock valued at $3,227,000 after buying an additional 920 shares during the period. Legal & General Group Plc lifted its holdings in FCB Financial by 6.4% in the fourth quarter. Legal & General Group Plc now owns 18,908 shares of the bank’s stock valued at $634,000 after buying an additional 1,137 shares during the period. Finally, Gabelli Funds LLC lifted its holdings in FCB Financial by 1.5% in the fourth quarter. Gabelli Funds LLC now owns 171,000 shares of the bank’s stock valued at $5,742,000 after buying an additional 2,500 shares during the period. 89.10% of the stock is currently owned by institutional investors and hedge funds.

Separately, Zacks Investment Research lowered shares of FCB Financial from a “hold” rating to a “sell” rating in a report on Monday, December 31st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. FCB Financial has a consensus rating of “Hold” and a consensus target price of $53.60.

Shares of NYSE FCB opened at $33.58 on Friday. FCB Financial Holdings Inc has a fifty-two week low of $31.52 and a fifty-two week high of $62.95. The company has a market capitalization of $1.57 billion, a P/E ratio of 10.24, a price-to-earnings-growth ratio of 0.45 and a beta of 1.41. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.60.

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About FCB Financial

FCB Financial Holdings, Inc operates as the bank holding company for Florida Community Bank, N.A. that provides various financial products and services to individuals, small and medium-sized businesses, large businesses, and other local organizations and entities in south and central Florida. The company 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.

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Institutional Ownership by Quarter for FCB Financial (NYSE:FCB)

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