Prudential Plc Increased Fcb Financial Holdin (FCB) Stake by $12.75 Million; Liberty All Star Equity Fund (USA) Sentiment Is 1.13

May 18, 2018 - By Marie Mckinney

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

Liberty All Star Equity Fund (USA) investors sentiment decreased to 1.13 in Q4 2017. It’s down -0.02, from 1.15 in 2017Q3. The ratio worsened, as 45 institutional investors opened new or increased equity positions, while 40 sold and decreased their stakes in Liberty All Star Equity Fund. The institutional investors in our database now own: 46.47 million shares, down from 50.26 million shares in 2017Q3. Also, the number of institutional investors holding Liberty All Star Equity Fund in top ten equity positions was flat from 3 to 3 for the same number . Sold All: 15 Reduced: 25 Increased: 28 New Position: 17.

Prudential Plc increased Fcb Financial Holdin (NYSE:FCB) stake by 184.53% reported in 2018Q1 SEC filing. Prudential Plc acquired 250,080 shares as Fcb Financial Holdin (NYSE:FCB)’s stock declined 3.72%. The Prudential Plc holds 385,600 shares with $19.70M value, up from 135,520 last quarter. Fcb Financial Holdin now has $2.80 billion valuation. The stock decreased 0.08% or $0.05 during the last trading session, reaching $59.9. About 18,579 shares traded. FCB Financial Holdings, Inc. (NYSE:FCB) has risen 7.34% since May 18, 2017 and is uptrending. It has underperformed by 4.21% the S&P500.

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. The firm earned “Outperform” rating on Monday, August 22 by Hovde Group. RBC Capital Markets maintained the shares of FCB in report on Wednesday, January 24 with “Buy” rating. The rating was maintained by Keefe Bruyette & Woods on Monday, February 26 with “Hold”. The company was maintained on Friday, November 6 by Deutsche Bank. The firm has “Hold” rating given on Monday, February 5 by Hovde Group. The rating was maintained by RBC Capital Markets on Thursday, September 7 with “Buy”. The firm earned “Buy” rating on Friday, December 8 by RBC Capital Markets. The firm earned “Hold” rating on Tuesday, October 3 by Keefe Bruyette & Woods. Bank of America maintained FCB Financial Holdings, Inc. (NYSE:FCB) on Wednesday, January 24 with “Buy” rating. The stock of FCB Financial Holdings, Inc. (NYSE:FCB) earned “Buy” rating by RBC Capital Markets on Wednesday, April 25.

Prudential Plc is a Illinois-based hedge fund with more than $98.23 billion AUM in January, 2015. This fund invests only a small percentage of its assets in equities and options. Prudential Plc is the 50th largest hedge fund in our database. Taken from Prudential latest Adv, the fund reported to have 195 full and part-time employees. Among which 102 performing investment advisory and research functions. The hedge fund had between 26-100 clients.

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 $2.80 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 22.1 P/E ratio. It also offers consumer loans, such as personal and auto loans, recreational loans, and home improvement/second mortgage loans.

Investors sentiment decreased to 1.19 in 2017 Q4. Its down 0.36, from 1.55 in 2017Q3. It dived, 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. Deutsche Bancorp Ag invested 0.01% in FCB Financial Holdings, Inc. (NYSE:FCB). Pier Cap Lc owns 140,047 shares. Truepoint stated it has 0.02% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB). 4,601 are owned by Keybank Association Oh. Banc Funds Company Limited Company has invested 0.45% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB). Bartlett And Commerce Limited Liability Company owns 4,152 shares or 0.01% of their US portfolio. Moreover, Symphony Asset Management Ltd Co has 0.05% invested in FCB Financial Holdings, Inc. (NYSE:FCB) for 9,241 shares. California Public Employees Retirement Sys owns 0% invested in FCB Financial Holdings, Inc. (NYSE:FCB) for 5,154 shares. 1.10 million are held by Daruma Cap Management Ltd Liability. Gabelli Funds Ltd Liability accumulated 99,100 shares or 0.03% of the stock. Hightower Advsr Lc has 38,210 shares. Snyder Limited Partnership invested in 616,607 shares or 1.56% of the stock. Kennedy Cap Mngmt Inc invested 0.12% of its portfolio in FCB Financial Holdings, Inc. (NYSE:FCB). Aqr Cap Management Ltd Liability holds 32,841 shares or 0% of its portfolio. 25,903 are owned by Ubs Asset Americas.

Prudential Plc decreased Gallagher Aj &Co (NYSE:AJG) stake by 386,658 shares to 4.31M valued at $295.99M in 2018Q1. It also reduced Unitedhealth Grp (NYSE:UNH) stake by 233,695 shares and now owns 2.23M shares. Nevsun Resources (NYSEMKT:NSU) was reduced too.

Rivernorth Capital Management Llc holds 4.27% of its portfolio in Columbia Funds Trust XII – Liberty All Star Equity Fund for 9.74 million shares. Blue Bell Private Wealth Management Llc owns 1.50 million shares or 4.24% of their US portfolio. Moreover, Thomas J. Herzfeld Advisors Inc. has 2.77% invested in the company for 1.18 million shares. The Virginia-based 1607 Capital Partners Llc has invested 1.09% in the stock. Karpus Management Inc., a New York-based fund reported 3.18 million shares.

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc. The company has market cap of $1.22 billion. The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company. It has a 5.96 P/E ratio. It invests in the public equity markets of the United States.

The stock increased 0.08% or $0.005 during the last trading session, reaching $6.375. About 102,031 shares traded. Columbia Funds Trust XII – Liberty All Star Equity Fund (USA) has risen 12.55% since May 18, 2017 and is uptrending. It has outperformed by 1.00% the S&P500.

More notable recent Columbia Funds Trust XII – Liberty All Star Equity Fund (NYSE:USA) news were published by: Benzinga.com which released: “Liberty All-Star® Equity Fund April 2018 Update” on May 16, 2018, also Seekingalpha.com with their article: “The Southern (SO) Q1 2018 Results – Earnings Call Transcript” published on May 02, 2018, Seekingalpha.com published: “Envision Healthcare (EVHC) Q1 2018 Results – Earnings Call Transcript” on May 08, 2018. More interesting news about Columbia Funds Trust XII – Liberty All Star Equity Fund (NYSE:USA) were released by: Seekingalpha.com and their article: “Duke Energy (DUK) Q1 2018 Results – Earnings Call Transcript” published on May 10, 2018 as well as Seekingalpha.com‘s news article titled: “Meredith (MDP) Q3 2018 Results – Earnings Call Transcript” with publication date: May 10, 2018.

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

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