one8zero8 LLC Purchases New Stake in First Community Bankshares, Inc. (NASDAQ:FCBC)

one8zero8 LLC acquired a new position in shares of First Community Bankshares, Inc. (NASDAQ:FCBC) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,281 shares of the bank’s stock, valued at approximately $511,000. one8zero8 LLC owned about 0.07% of First Community Bankshares at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in FCBC. Charles Schwab Investment Management Inc. lifted its holdings in First Community Bankshares by 0.7% in the fourth 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. SG Americas Securities LLC raised its position in shares of First Community Bankshares by 18.3% during the 4th quarter. SG Americas Securities LLC now owns 7,185 shares of the bank’s stock valued at $299,000 after acquiring an additional 1,109 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of First Community Bankshares by 11.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,950 shares of the bank’s stock valued at $475,000 after purchasing an additional 1,158 shares during the period. Atala Financial Inc bought a new position in shares of First Community Bankshares in the 4th quarter worth $59,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of First Community Bankshares by 14.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,207 shares of the bank’s stock worth $883,000 after purchasing an additional 2,621 shares during the period. 34.95% of the stock is currently owned by institutional investors and hedge funds.

First Community Bankshares Trading Up 2.3 %

NASDAQ FCBC opened at $38.80 on Monday. 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 $711.09 million, a PE ratio of 13.66 and a beta of 0.53. The stock has a 50-day simple moving average of $41.22 and a 200 day simple moving average of $42.83.

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

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 3.20%. First Community Bankshares’s dividend payout ratio is 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.