First Community Bankshares, Inc. (NASDAQ:FCBC - Get Free Report) SVP Jason R. Belcher sold 6,384 shares of First Community Bankshares stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $46.49, for a total transaction of $296,792.16. Following the completion of the sale, the senior vice president now owns 15,317 shares of the company's stock, valued at $712,087.33. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
First Community Bankshares Trading Down 2.1 %
Shares of FCBC traded down $1.02 during trading hours on Tuesday, reaching $46.96. The company had a trading volume of 66,086 shares, compared to its average volume of 34,269. The firm has a 50 day simple moving average of $42.97 and a 200-day simple moving average of $39.66. First Community Bankshares, Inc. has a 12-month low of $31.00 and a 12-month high of $49.02. The company has a market capitalization of $857.96 million, a price-to-earnings ratio of 17.14 and a beta of 0.52.
First Community Bankshares Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Friday, November 8th will be issued a $0.31 dividend. The ex-dividend date is Friday, November 8th. This represents a $1.24 annualized dividend and a yield of 2.64%. First Community Bankshares's payout ratio is 44.44%.
Institutional Trading of First Community Bankshares
A number of hedge funds and other institutional investors have recently made changes to their positions in FCBC. Charles Schwab Investment Management Inc. lifted its holdings in 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 stake in shares of First Community Bankshares in the 3rd quarter valued at approximately $802,000. Assenagon Asset Management S.A. bought a new stake in First Community Bankshares during the third quarter worth approximately $1,030,000. Creative Planning acquired a new position in shares of First Community Bankshares during the third quarter worth approximately $367,000. Finally, SG Americas Securities LLC raised its stake in First Community Bankshares by 80.5% during the third quarter. SG Americas Securities LLC now owns 6,076 shares of the bank's stock worth $262,000 after acquiring an additional 2,710 shares in the last quarter. Institutional investors own 34.95% of the company's stock.
About First Community Bankshares
(
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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.
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