Great West Life Assurance Company Decreased First Ctzns Bancshares Inc N (NASDAQ:FCNCA) Stake By $19.47 Million

August 12, 2018 - By Julie Barnes

First Citizens BancShares, Inc. (NASDAQ:FCNCA) LogoInvestors sentiment is 0.94 in Q1 2018. Its the same as in 2017Q4. It is without change, as 6 investors sold FCNCA shares while 56 reduced holdings. only 27 funds opened positions while 31 raised stakes. 5.35 million shares or 0.74% less from 5.39 million shares in 2017Q4 were reported. Cna Fin Corp holds 0.24% of its portfolio in First Citizens BancShares, Inc. (NASDAQ:FCNCA) for 2,745 shares. Alps Advisors Inc owns 1,062 shares. Manufacturers Life Company The reported 49,955 shares. Moreover, Smith Salley & has 0.04% invested in First Citizens BancShares, Inc. (NASDAQ:FCNCA). The Kansas-based Creative Planning has invested 0% in First Citizens BancShares, Inc. (NASDAQ:FCNCA). Brown Advisory Inc holds 0.07% of its portfolio in First Citizens BancShares, Inc. (NASDAQ:FCNCA) for 40,245 shares. Moreover, Captrust Advsr has 0.01% invested in First Citizens BancShares, Inc. (NASDAQ:FCNCA). Ajo L P accumulated 0.01% or 4,991 shares. Guggenheim Cap Lc has invested 0.01% in First Citizens BancShares, Inc. (NASDAQ:FCNCA). Moreover, Metropolitan Life Insurance New York has 0% invested in First Citizens BancShares, Inc. (NASDAQ:FCNCA). Salem Inv Counselors Incorporated owns 5,199 shares. Barclays Public Limited Co holds 0% in First Citizens BancShares, Inc. (NASDAQ:FCNCA) or 3,510 shares. Canandaigua Commercial Bank Tru invested in 962 shares or 0.05% of the stock. Menta Capital Limited Liability Corp has invested 0.29% of its portfolio in First Citizens BancShares, Inc. (NASDAQ:FCNCA). Service Automobile Association reported 0% in First Citizens BancShares, Inc. (NASDAQ:FCNCA).

Since May 8, 2018, it had 11 insider purchases, and 0 insider sales for $904,764 activity. 100 shares were bought by BRISTOW PETER M, worth $38,500. Bristow Claire H had bought 100 shares worth $38,500. Holding Olivia Britton had bought 195 shares worth $76,050 on Wednesday, May 30. DURHAM HAROLD LEE JR also bought $20,350 worth of First Citizens BancShares, Inc. (NASDAQ:FCNCA) on Thursday, June 28. HOLDING FRANK B JR bought $378,000 worth of stock or 1,000 shares. HOLDING FRANK B had bought 200 shares worth $78,000.

Great West Life Assurance Company decreased its stake in First Ctzns Bancshares Inc N (NASDAQ:FCNCA) by 24.51% based on its latest 2018Q2 regulatory filing with the SEC. Great West Life Assurance Company sold 48,321 shares as the company’s stock rose 3.07% while stock markets declined. The institutional investor held 148,803 shares of the finance company at the end of 2018Q2, valued at $59.98M, down from 197,124 at the end of the previous reported quarter. Great West Life Assurance Company who had been investing in First Ctzns Bancshares Inc N for a number of months, seems to be less bullish one the $5.26B market cap company. The stock increased 0.42% or $1.86 during the last trading session, reaching $441.61. About 38,355 shares traded. First Citizens BancShares, Inc. (NASDAQ:FCNCA) has risen 31.85% since August 13, 2017 and is uptrending. It has outperformed by 19.28% the S&P500.

First Citizens BancShares, Inc. operates as the holding firm for First-Citizens Bank & Trust Company that provides banking services to retail and commercial customers. The company has market cap of $5.26 billion. The Company’s deposit products include checking, savings, money market and time deposit accounts. It has a 16.84 P/E ratio. The company's loan products portfolio comprises commercial construction and land development, commercial mortgage, commercial and industrial, lease financing, and other commercial real estate loans; and noncommercial construction and land development, residential mortgage, revolving mortgage, consumer loans, and construction and land development loans.

More recent First Citizens BancShares, Inc. (NASDAQ:FCNCA) news were published by: Globenewswire.com which released: “First Citizens Bank, Palmetto Heritage Bancshares, Inc. Announce Merger Agreement” on July 25, 2018. Also Bizjournals.com published the news titled: “Raleigh’s First Citizens to buy coastal South Carolina bank” on July 26, 2018. Globenewswire.com‘s news article titled: “First Citizens BancShares Declares Dividend” with publication date: July 26, 2018 was also an interesting one.

First Citizens BancShares, Inc. (NASDAQ:FCNCA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.