Assenagon Asset Management S.A. bought a new position in shares of First Community Bankshares, Inc. (NASDAQ:FCBC - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 23,860 shares of the bank's stock, valued at approximately $1,030,000. Assenagon Asset Management S.A. owned approximately 0.13% of First Community Bankshares at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of FCBC. Callan Family Office LLC acquired a new position in First Community Bankshares during the 2nd quarter worth $14,523,000. Vanguard Group Inc. grew its stake in First Community Bankshares by 12.6% during the 1st quarter. Vanguard Group Inc. now owns 916,310 shares of the bank's stock worth $31,732,000 after purchasing an additional 102,183 shares in the last quarter. Burke & Herbert Bank & Trust Co. acquired a new position in First Community Bankshares during the 2nd quarter worth $1,412,000. State Board of Administration of Florida Retirement System purchased a new stake in First Community Bankshares during the 1st quarter worth about $772,000. Finally, Panagora Asset Management Inc. lifted its holdings in First Community Bankshares by 22.0% during the 2nd quarter. Panagora Asset Management Inc. now owns 60,583 shares of the bank's stock worth $2,232,000 after buying an additional 10,944 shares during the last quarter. 34.95% of the stock is owned by institutional investors and hedge funds.
First Community Bankshares Stock Performance
NASDAQ FCBC traded up $0.10 during trading on Friday, reaching $41.56. 27,533 shares of the company's stock were exchanged, compared to its average volume of 33,572. The stock has a market cap of $759.30 million, a P/E ratio of 14.90 and a beta of 0.52. The company has a 50 day moving average price of $42.78 and a two-hundred day moving average price of $39.08. First Community Bankshares, Inc. has a 1 year low of $31.00 and a 1 year high of $45.93.
First Community Bankshares Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, November 8th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Friday, November 8th. First Community Bankshares's dividend payout ratio (DPR) is 44.44%.
First Community Bankshares Company Profile
(
Free Report)
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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