First Community Bankshares (NASDAQ:FCBC) Sees Large Volume Increase – What’s Next?

First Community Bankshares, Inc. (NASDAQ:FCBC) saw unusually-strong trading volume on Thursday . Approximately 34,100 shares traded hands during mid-day trading, an increase of 1% from the previous session’s volume of 33,884 shares.The stock last traded at $38.45 and had previously closed at $37.96.

First Community Bankshares Trading Up 2.3 %

The stock has a market capitalization of $711.09 million, a PE ratio of 13.66 and a beta of 0.53. The company’s 50 day simple moving average is $41.27 and its 200 day simple moving average is $42.88.

First Community Bankshares (NASDAQ:FCBC) last released its earnings results on Tuesday, January 28th. The bank reported $0.71 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 Dividend Announcement

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

Institutional Trading of First Community Bankshares

Several institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC grew its stake in shares of First Community Bankshares by 84.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 620 shares of the bank’s stock valued at $26,000 after buying an additional 284 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of First Community Bankshares by 4.3% during the 4th 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 during the period. Hsbc Holdings PLC grew its stake in shares of First Community Bankshares by 3.5% during the 4th quarter. Hsbc Holdings PLC now owns 24,287 shares of the bank’s stock valued at $1,016,000 after buying an additional 814 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of First Community Bankshares by 3.7% during the 4th 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 during the period. Finally, 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 buying an additional 918 shares during the period. 34.95% of the stock is owned by hedge funds and other 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.