one8zero8 LLC Purchases Shares of 12,281 First Community Bankshares, Inc. (NASDAQ:FCBC)

one8zero8 LLC acquired a new position in shares of First Community Bankshares, Inc. (NASDAQ:FCBC - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,281 shares of the bank's stock, valued at approximately $511,000. one8zero8 LLC owned 0.07% of First Community Bankshares at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in FCBC. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of First Community Bankshares during the third quarter worth approximately $802,000. Charles Schwab Investment Management Inc. lifted its position 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. Dynamic Technology Lab Private Ltd acquired a new stake in First Community Bankshares in the third quarter worth approximately $372,000. State Street Corp lifted its position in First Community Bankshares by 2.5% in the third quarter. State Street Corp now owns 424,564 shares of the bank's stock worth $18,320,000 after purchasing an additional 10,166 shares during the period. Finally, Barclays PLC lifted its position in First Community Bankshares by 219.6% in the third quarter. Barclays PLC now owns 29,709 shares of the bank's stock worth $1,282,000 after purchasing an additional 20,412 shares during the period. 34.95% of the stock is currently owned by institutional investors and hedge funds.

First Community Bankshares Stock Down 0.3 %

FCBC traded down $0.11 during trading on Thursday, reaching $38.70. The stock had a trading volume of 19,693 shares, compared to its average volume of 33,370. The firm has a market capitalization of $709.25 million, a price-to-earnings ratio of 13.63 and a beta of 0.53. First Community Bankshares, Inc. has a 1-year low of $31.00 and a 1-year high of $49.02. The stock has a 50 day moving average of $41.13 and a two-hundred day moving average of $42.73.

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First Community Bankshares (NASDAQ:FCBC - Get Free Report) last released 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 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.31 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.24 annualized dividend and a dividend yield of 3.20%. First Community Bankshares's dividend payout ratio is currently 43.66%.

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.