First Community Bankshares, Inc. (NASDAQ:FCBC - Get Free Report) SVP Jason R. Belcher sold 6,384 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $46.49, for a total value of $296,792.16. Following the completion of the transaction, the senior vice president now owns 15,317 shares of the company's stock, valued at approximately $712,087.33. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
First Community Bankshares Stock Down 2.1 %
Shares of NASDAQ:FCBC opened at $46.96 on Wednesday. First Community Bankshares, Inc. has a 52-week low of $31.00 and a 52-week high of $49.02. The stock has a market cap of $857.96 million, a price-to-earnings ratio of 16.83 and a beta of 0.52. The business has a 50-day moving average price of $43.05 and a 200-day moving average price of $39.76.
First Community Bankshares Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, November 8th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend is Friday, November 8th. First Community Bankshares's payout ratio is 44.44%.
Institutional Inflows and Outflows
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
From Weiss Ratings | Ad
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide.
It will give them unprecedented powers to control your bank account.
Learn these 4 simple steps and protect your savings before it’s too late.
Several institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its stake in shares of 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 last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in First Community Bankshares during the third quarter worth about $802,000. Assenagon Asset Management S.A. acquired a new stake in First Community Bankshares during the third quarter worth about $1,030,000. Creative Planning acquired a new stake in First Community Bankshares during the third quarter worth about $367,000. Finally, SG Americas Securities LLC grew its holdings in First Community Bankshares by 80.5% during the third quarter. SG Americas Securities LLC now owns 6,076 shares of the bank's stock worth $262,000 after acquiring an additional 2,710 shares during the period. 34.95% of the stock is currently owned by hedge funds and other institutional investors.
About First Community Bankshares
(
Get 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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
