First Community Bancshares, Inc. (FCBC) Shares Sold by First Trust Advisors LP
First Trust Advisors LP lowered its position in First Community Bancshares, Inc. (NASDAQ:FCBC) by 13.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,523 shares of the bank’s stock after selling 5,066 shares during the quarter. First Trust Advisors LP owned approximately 0.20% of First Community Bancshares worth $976,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its holdings in First Community Bancshares by 3.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,003,331 shares of the bank’s stock worth $27,442,000 after buying an additional 35,315 shares during the period. Systematic Financial Management LP lifted its holdings in First Community Bancshares by 1.9% during the second quarter. Systematic Financial Management LP now owns 676,995 shares of the bank’s stock worth $18,516,000 after buying an additional 12,780 shares during the period. Vanguard Group Inc. lifted its holdings in First Community Bancshares by 7.8% during the second quarter. Vanguard Group Inc. now owns 609,559 shares of the bank’s stock worth $16,671,000 after buying an additional 44,062 shares during the period. State Street Corp lifted its holdings in First Community Bancshares by 2.2% during the second quarter. State Street Corp now owns 331,024 shares of the bank’s stock worth $9,053,000 after buying an additional 7,201 shares during the period. Finally, Northern Trust Corp lifted its holdings in First Community Bancshares by 12.2% during the second quarter. Northern Trust Corp now owns 202,099 shares of the bank’s stock worth $5,528,000 after buying an additional 21,993 shares during the period. 40.35% of the stock is currently owned by institutional investors.
Shares of First Community Bancshares, Inc. (NASDAQ FCBC) opened at $30.79 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $511.32, a price-to-earnings ratio of 19.42 and a beta of 0.72. First Community Bancshares, Inc. has a twelve month low of $23.23 and a twelve month high of $32.24.
First Community Bancshares (NASDAQ:FCBC) last posted its earnings results on Tuesday, October 24th. The bank reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.03. The company had revenue of $29.19 million during the quarter. First Community Bancshares had a return on equity of 7.67% and a net margin of 22.32%.
The business also recently announced a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Friday, November 3rd were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $0.72 dividend on an annualized basis and a yield of 2.34%. First Community Bancshares’s dividend payout ratio is currently 45.86%.
Separately, BidaskClub lowered First Community Bancshares from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th.
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First Community Bancshares Company Profile
First Community Bancshares, Inc is a financial holding company. The Company provides commercial banking products and services through its subsidiary First Community Bank (the Bank). The Bank operates as First Community Bank in Virginia, West Virginia, and North Carolina and People’s Community Bank, a Division of First Community Bank, in Tennessee.
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