Barclays PLC Has $1.28 Million Stake in First Community Bankshares, Inc. (NASDAQ:FCBC)

Barclays PLC grew its position in First Community Bankshares, Inc. (NASDAQ:FCBC - Free Report) by 219.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,709 shares of the bank's stock after purchasing an additional 20,412 shares during the quarter. Barclays PLC owned approximately 0.16% of First Community Bankshares worth $1,282,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp raised its holdings in 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 acquiring an additional 10,166 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of First Community Bankshares in the third quarter valued at about $372,000. Charles Schwab Investment Management Inc. increased its stake in shares of First Community Bankshares by 1.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 136,798 shares of the bank's stock worth $5,903,000 after purchasing an additional 2,605 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of First Community Bankshares in the third quarter worth about $802,000. Finally, Assenagon Asset Management S.A. acquired a new position in shares of First Community Bankshares during the 3rd quarter worth about $1,030,000. 34.95% of the stock is currently owned by institutional investors and hedge funds.

First Community Bankshares Price Performance

Shares of First Community Bankshares stock traded down $0.86 during midday trading on Friday, hitting $41.71. The company had a trading volume of 25,358 shares, compared to its average volume of 34,366. The business's 50 day simple moving average is $44.59 and its two-hundred day simple moving average is $42.13. First Community Bankshares, Inc. has a 1-year low of $31.00 and a 1-year high of $49.02. The stock has a market cap of $762.92 million, a PE ratio of 14.95 and a beta of 0.56.

First Community Bankshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.97%. The ex-dividend date was Friday, November 8th. First Community Bankshares's payout ratio is presently 44.44%.

Insider Activity

In other news, SVP Jason R. Belcher sold 6,384 shares of First Community Bankshares stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $46.49, for a total transaction of $296,792.16. Following the sale, the senior vice president now directly owns 15,317 shares in the company, valued at approximately $712,087.33. The trade was a 29.42 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David D. Brown sold 2,520 shares of the company's stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $48.00, for a total transaction of $120,960.00. Following the completion of the sale, the chief financial officer now directly owns 12,676 shares in the company, valued at approximately $608,448. The trade was a 16.58 % decrease in their position. The disclosure for this sale can be found here. 3.67% of the stock is currently owned by company insiders.

First Community Bankshares 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.