First Community Bankshares (NASDAQ:FCBC) Stock Passes Above 200 Day Moving Average - Should You Sell?

First Community Bankshares, Inc. (NASDAQ:FCBC - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $43.07 and traded as high as $44.12. First Community Bankshares shares last traded at $43.94, with a volume of 31,627 shares trading hands.

First Community Bankshares Stock Performance

The business's fifty day moving average price is $42.76 and its 200-day moving average price is $43.11. The stock has a market cap of $812.62 million, a PE ratio of 15.64 and a beta of 0.57.

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 (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 issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend is Friday, February 14th. First Community Bankshares's payout ratio is currently 43.66%.

Insider Buying and Selling at First Community Bankshares

In other news, CFO David D. Brown sold 2,520 shares of First Community Bankshares stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $48.00, for a total transaction of $120,960.00. Following the transaction, the chief financial officer now owns 12,676 shares in the company, valued at $608,448. This trade represents a 16.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.67% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On First Community Bankshares

Institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. increased its position in First Community Bankshares by 14.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,947 shares of the bank's stock worth $109,000 after buying an additional 361 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake 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 acquiring an additional 918 shares during the period. SG Americas Securities LLC increased its holdings in 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 acquiring an additional 1,109 shares in the last quarter. Franklin Resources Inc. increased its holdings in 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 acquiring an additional 1,158 shares in the last quarter. Finally, AQR Capital Management LLC bought a new stake in First Community Bankshares during the 2nd quarter worth approximately $297,000. 34.95% of the stock is owned by institutional investors.

About First Community Bankshares

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.