Blue Trust Inc. Lowers Position in First Citizens BancShares, Inc. $FCNCA

17 Oct 2025, 10:50 by Mitch Edgeman · The Markets Daily

Blue Trust Inc. cut its holdings in shares of First Citizens BancShares, Inc. (NASDAQ:FCNCA – Free Report) by 37.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 66 shares of the bank’s stock after selling 40 shares during the quarter. Blue Trust Inc.’s holdings in First Citizens BancShares were worth $129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cresset Asset Management LLC boosted its position in shares of First Citizens BancShares by 3.8% during the 1st quarter. Cresset Asset Management LLC now owns 163 shares of the bank’s stock valued at $302,000 after acquiring an additional 6 shares during the last quarter. US Bancorp DE increased its stake in First Citizens BancShares by 0.8% in the 2nd quarter. US Bancorp DE now owns 873 shares of the bank’s stock worth $1,708,000 after purchasing an additional 7 shares during the period. M&T Bank Corp increased its stake in shares of First Citizens BancShares by 1.3% during the first quarter. M&T Bank Corp now owns 632 shares of the bank’s stock valued at $1,172,000 after buying an additional 8 shares during the period. Venturi Wealth Management LLC grew its stake in First Citizens BancShares by 3.8% in the first quarter. Venturi Wealth Management LLC now owns 221 shares of the bank’s stock worth $410,000 after purchasing an additional 8 shares during the period. Finally, Cooper Financial Group grew its stake in First Citizens BancShares by 5.5% in the first quarter. Cooper Financial Group now owns 154 shares of the bank’s stock worth $286,000 after purchasing an additional 8 shares during the period. Institutional investors own 78.01% of the company’s stock.

Insider Buying and Selling

In related news, CEO Frank B. Holding, Jr. acquired 600 shares of First Citizens BancShares stock in a transaction that occurred on Thursday, August 7th. The shares were purchased at an average price of $1,698.75 per share, for a total transaction of $1,019,250.00. Following the completion of the transaction, the chief executive officer owned 32,300 shares in the company, valued at $54,869,625. This represents a 1.89% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Hope Holding Bryant acquired 409 shares of First Citizens BancShares stock in a transaction that occurred on Thursday, August 7th. The shares were bought at an average price of $1,630.00 per share, for a total transaction of $666,670.00. Following the transaction, the insider owned 1,764 shares of the company’s stock, valued at $2,875,320. This represents a 30.18% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 1,494 shares of company stock worth $2,485,986. 13.40% of the stock is owned by corporate insiders.

First Citizens BancShares Stock Down 6.2%

Shares of FCNCA stock opened at $1,638.68 on Friday. The stock’s 50-day simple moving average is $1,876.04 and its 200-day simple moving average is $1,878.26. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market capitalization of $21.17 billion, a PE ratio of 9.67 and a beta of 0.60. First Citizens BancShares, Inc. has a fifty-two week low of $1,473.62 and a fifty-two week high of $2,412.93.

First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) last posted its earnings results on Friday, July 25th. The bank reported $44.78 EPS for the quarter, topping the consensus estimate of $39.08 by $5.70. The firm had revenue of $2.38 billion for the quarter, compared to analyst estimates of $2.21 billion. First Citizens BancShares had a return on equity of 11.32% and a net margin of 16.37%. Equities analysts expect that First Citizens BancShares, Inc. will post 167.59 earnings per share for the current year.

First Citizens BancShares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a $1.95 dividend. This represents a $7.80 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, August 29th. First Citizens BancShares’s dividend payout ratio (DPR) is 4.60%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Wall Street Zen downgraded First Citizens BancShares from a “hold” rating to a “sell” rating in a report on Sunday, September 28th. UBS Group reaffirmed a “buy” rating and issued a $2,410.00 price objective on shares of First Citizens BancShares in a research note on Wednesday, July 9th. Truist Financial cut their price target on First Citizens BancShares from $2,240.00 to $2,000.00 and set a “hold” rating for the company in a report on Friday, October 3rd. Weiss Ratings reissued a “buy (b-)” rating on shares of First Citizens BancShares in a research report on Wednesday, October 8th. Finally, Piper Sandler set a $2,150.00 price objective on First Citizens BancShares and gave the company a “neutral” rating in a research report on Monday, July 28th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, First Citizens BancShares has an average rating of “Moderate Buy” and an average price target of $2,227.69.

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