Signaturefd LLC Acquires 1,347 Shares of First Community Bankshares, Inc. (NASDAQ:FCBC)

Signaturefd LLC increased its position in First Community Bankshares, Inc. (NASDAQ:FCBC) by 62.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,509 shares of the bank’s stock after purchasing an additional 1,347 shares during the quarter. Signaturefd LLC’s holdings in First Community Bankshares were worth $146,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FCBC. Atala Financial Inc acquired a new stake in First Community Bankshares in the fourth quarter worth about $59,000. SG Americas Securities LLC increased its position in First Community Bankshares by 18.3% in the fourth quarter. SG Americas Securities LLC now owns 7,185 shares of the bank’s stock worth $299,000 after purchasing an additional 1,109 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in First Community Bankshares in the third quarter worth about $372,000. Franklin Resources Inc. increased its position in First Community Bankshares by 11.8% in the third quarter. Franklin Resources Inc. now owns 10,950 shares of the bank’s stock worth $475,000 after purchasing an additional 1,158 shares during the period. Finally, one8zero8 LLC acquired a new stake in First Community Bankshares in the fourth quarter worth about $511,000. 34.95% of the stock is currently owned by institutional investors and hedge funds.

First Community Bankshares Stock Down 1.2 %

Shares of FCBC stock opened at $38.22 on Friday. The firm has a market cap of $700.46 million, a price-to-earnings ratio of 13.46 and a beta of 0.53. First Community Bankshares, Inc. has a 12 month low of $31.00 and a 12 month high of $49.02. The stock has a 50-day moving average price of $41.10 and a 200 day moving average price of $42.65.

First Community Bankshares (NASDAQ:FCBC) last posted its earnings results on Tuesday, January 28th. The bank reported $0.71 earnings per share (EPS) 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 announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.24 annualized dividend and a dividend yield of 3.24%. First Community Bankshares’s payout ratio is currently 43.66%.

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.