First Community Bankshares (NASDAQ:FCBC) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of First Community Bankshares, Inc. (NASDAQ:FCBC) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $43.11 and traded as high as $44.19. First Community Bankshares shares last traded at $44.05, with a volume of 43,290 shares changing hands.

First Community Bankshares Price Performance

The firm’s 50-day moving average price is $42.53 and its 200 day moving average price is $43.09. The firm has a market capitalization of $759.04 million, a price-to-earnings ratio of 14.61 and a beta of 0.57.

First Community Bankshares (NASDAQ:FCBC) last released its quarterly earnings results on Tuesday, January 28th. The bank reported $0.71 EPS for the quarter. First Community Bankshares had a net margin of 27.81% and a return on equity of 10.35%.

First Community Bankshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.99%. The ex-dividend date of this dividend is Friday, February 14th. First Community Bankshares’s payout ratio is 43.66%.

Hedge Funds Weigh In On First Community Bankshares

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its stake in shares of First Community Bankshares by 84.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 620 shares of the bank’s stock valued at $26,000 after acquiring an additional 284 shares during the period. Atala Financial Inc acquired a new stake in First Community Bankshares during the 4th quarter valued at $59,000. KLP Kapitalforvaltning AS acquired a new stake in First Community Bankshares during the 4th quarter valued at $137,000. Signaturefd LLC grew its holdings in First Community Bankshares by 62.3% during the 4th quarter. Signaturefd LLC now owns 3,509 shares of the bank’s stock valued at $146,000 after purchasing an additional 1,347 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in First Community Bankshares by 80.5% during the 3rd quarter. SG Americas Securities LLC now owns 6,076 shares of the bank’s stock valued at $262,000 after purchasing an additional 2,710 shares in the last quarter. Hedge funds and other institutional investors own 34.95% of the company’s stock.

First Community Bankshares Company Profile

First Community Bankshares, Inc operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement plans; and commercial, consumer real estate, and consumer and other loans.