First Community Bankshares (NASDAQ:FCBC) Sees Unusually-High Trading Volume - What's Next?

Shares of First Community Bankshares, Inc. (NASDAQ:FCBC - Get Free Report) saw an uptick in trading volume on Thursday . 34,100 shares changed hands during trading, an increase of 1% from the previous session's volume of 33,884 shares.The stock last traded at $38.45 and had previously closed at $37.96.

First Community Bankshares Price Performance

The firm has a market capitalization of $711.09 million, a P/E ratio of 13.66 and a beta of 0.53. The stock has a fifty day simple moving average of $41.27 and a two-hundred day simple moving average of $42.88.

First Community Bankshares (NASDAQ:FCBC - Get Free Report) last issued its earnings results on Tuesday, January 28th. The bank reported $0.71 earnings per share for the quarter. First Community Bankshares had a return on equity of 10.35% and a net margin of 27.81%.

First Community Bankshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.31 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.24 dividend on an annualized basis and a yield of 3.20%. First Community Bankshares's dividend payout ratio (DPR) is presently 43.66%.

Institutional Investors Weigh In On First Community Bankshares

Hedge funds have recently added to or reduced their stakes in the company. Systematic Financial Management LP boosted its position in shares of First Community Bankshares by 2.0% during the fourth quarter. Systematic Financial Management LP now owns 542,599 shares of the bank's stock valued at $22,594,000 after buying an additional 10,855 shares during the last quarter. State Street Corp grew its stake in First Community Bankshares by 2.5% in the 3rd quarter. State Street Corp now owns 424,564 shares of the bank's stock valued at $18,320,000 after purchasing an additional 10,166 shares during the period. Northern Trust Corp lifted its position in shares of First Community Bankshares by 6.9% during the 4th quarter. Northern Trust Corp now owns 168,347 shares of the bank's stock valued at $7,010,000 after buying an additional 10,819 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of First Community Bankshares by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 137,716 shares of the bank's stock valued at $5,734,000 after buying an additional 918 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of First Community Bankshares by 134.5% during the 4th quarter. JPMorgan Chase & Co. now owns 73,000 shares of the bank's stock valued at $3,040,000 after buying an additional 41,867 shares during the last quarter. Institutional investors and hedge funds own 34.95% of the company's stock.

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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.