Stephens Inc. AR Lowers Holdings in First Community Bankshares, Inc. (NASDAQ:FCBC)

Stephens Inc. AR cut its position in First Community Bankshares, Inc. (NASDAQ:FCBC) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,281 shares of the bank’s stock after selling 825 shares during the quarter. Stephens Inc. AR owned about 0.08% of First Community Bankshares worth $595,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC increased its holdings in shares of First Community Bankshares by 18.3% in the 4th quarter. SG Americas Securities LLC now owns 7,185 shares of the bank’s stock worth $299,000 after buying an additional 1,109 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of First Community Bankshares by 67.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 31,133 shares of the bank’s stock worth $1,343,000 after buying an additional 12,514 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of First Community Bankshares by 11.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,950 shares of the bank’s stock worth $475,000 after buying an additional 1,158 shares during the last quarter. Barclays PLC increased its holdings in shares of First Community Bankshares by 219.6% in the 3rd quarter. Barclays PLC now owns 29,709 shares of the bank’s stock worth $1,282,000 after buying an additional 20,412 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of First Community Bankshares by 2.5% in the 3rd quarter. State Street Corp now owns 424,564 shares of the bank’s stock worth $18,320,000 after buying an additional 10,166 shares during the last quarter. 34.95% of the stock is currently owned by hedge funds and other institutional investors.

First Community Bankshares Price Performance

Shares of NASDAQ:FCBC opened at $41.50 on Friday. The company’s fifty day moving average price is $42.53 and its 200-day moving average price is $43.09. The firm has a market capitalization of $759.08 million, a price-to-earnings ratio of 14.61 and a beta of 0.57. First Community Bankshares, Inc. has a one year low of $31.00 and a one year high of $49.02.

First Community Bankshares (NASDAQ:FCBC) last issued 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued 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 is Friday, February 14th. First Community Bankshares’s dividend payout ratio is currently 43.66%.

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.