First Community Bankshares (NASDAQ:FCBC) Trading 6% Higher - Should You Buy?

Shares of First Community Bankshares, Inc. (NASDAQ:FCBC - Get Free Report) rose 6% on Monday . The stock traded as high as $44.71 and last traded at $44.48. Approximately 38,533 shares were traded during trading, an increase of 5% from the average daily volume of 36,531 shares. The stock had previously closed at $41.94.

First Community Bankshares Stock Up 0.1 %

The firm has a 50-day moving average of $41.59 and a two-hundred day moving average of $43.01. The company has a market capitalization of $719.39 million, a PE ratio of 13.85 and a beta of 0.57.

First Community Bankshares (NASDAQ:FCBC - Get Free Report) last announced its quarterly 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend was Friday, February 14th. First Community Bankshares's dividend payout ratio (DPR) is presently 43.66%.

Institutional Trading of First Community Bankshares

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Jefferies Financial Group Inc. purchased a new stake in shares of First Community Bankshares in the fourth quarter valued at approximately $329,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of First Community Bankshares by 3.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 22,737 shares of the bank's stock valued at $947,000 after buying an additional 815 shares in the last quarter. Systematic Financial Management LP increased its position in shares of First Community Bankshares by 2.0% in 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of First Community Bankshares by 4.3% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,650 shares of the bank's stock valued at $402,000 after buying an additional 395 shares in the last quarter. Finally, Deutsche Bank AG increased its position in shares of First Community Bankshares by 68.2% in the fourth quarter. Deutsche Bank AG now owns 16,822 shares of the bank's stock valued at $700,000 after buying an additional 6,823 shares in the last quarter. 34.95% of the stock is currently owned by hedge funds and other institutional investors.

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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.