Time to Reconsider Fcb Financial Holdings Incorporated (NYSE:FCB) After More Short Sellers?

January 19, 2018 - By Henry Gaston

 Time to Reconsider Fcb Financial Holdings Incorporated (NYSE:FCB) After More Short Sellers?

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.
Numeric Invsts Ltd Company holds 0.1% or 278,324 shares in its portfolio. 172,000 were reported by Hennessy Advsr. Moreover, Commonwealth Bank & Trust Of Australia has 0% invested in FCB Financial Holdings, Inc. (NYSE:FCB). Northern accumulated 780,264 shares or 0.01% of the stock. Palisade Cap Mngmt Ltd Liability Corp Nj holds 0.02% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB) for 10,400 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% in FCB Financial Holdings, Inc. (NYSE:FCB). Wellington Mngmt Limited Liability Partnership stated it has 1.97M shares or 0.02% of all its holdings. Moreover, State Board Of Administration Of Florida Retirement has 0% invested in FCB Financial Holdings, Inc. (NYSE:FCB). 46,064 were accumulated by Piermont Cap Management. Sg Americas Secs Ltd Co invested 0% in FCB Financial Holdings, Inc. (NYSE:FCB). 23,079 are held by Ubs Asset Americas Inc. Hutchin Hill L P has invested 0.01% in FCB Financial Holdings, Inc. (NYSE:FCB). Grp Inc holds 0% in FCB Financial Holdings, Inc. (NYSE:FCB) or 23,610 shares. Symphony Asset Management Ltd Limited Liability Company reported 0.07% in FCB Financial Holdings, Inc. (NYSE:FCB). Hancock Company holds 0.47% or 230,260 shares in its portfolio.

The stock of Fcb Financial Holdings Incorporated (NYSE:FCB) registered an increase of 8.21% in short interest. FCB’s total short interest was 1.17 million shares in January as published by FINRA. Its up 8.21% from 1.08 million shares, reported previously. With 224,100 shares average volume, it will take short sellers 5 days to cover their FCB’s short positions.

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.

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.

FCB Financial Holdings, Inc. (NYSE:FCB) Ratings Coverage

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 “Neutral” rating by UBS on Wednesday, January 11. Hovde Group maintained the stock with “Outperform” rating in Monday, August 22 report. The stock of FCB Financial Holdings, Inc. (NYSE:FCB) has “Buy” rating given on Friday, November 6 by Deutsche Bank. The rating was downgraded by Hovde Group on Monday, November 14 to “Market Perform”. The rating was maintained by UBS with “Buy” on Friday, October 21. The stock has “Buy” rating by Guggenheim on Wednesday, January 27. The firm earned “Buy” rating on Friday, September 23 by Deutsche Bank. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, July 26. The company was initiated on Thursday, January 7 by Gabelli. The firm earned “Buy” rating on Wednesday, October 25 by RBC Capital Markets.

More news for FCB Financial Holdings, Inc. (NYSE:FCB) were recently published by: Businesswire.com, which released: “FCB Financial Holdings, Inc. Sets Earnings Release and Conference Call Date …” on December 19, 2017. Businesswire.com‘s article titled: “Florida Community Bank Ranked #8 in Forbes 2018 “Best Banks in America”” and published on January 11, 2018 is yet another important article.

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