First Community Co. (NASDAQ:FCCO) Shares Bought by Barclays PLC

Barclays PLC raised its position in First Community Co. (NASDAQ:FCCO) by 214.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,046 shares of the bank’s stock after purchasing an additional 6,847 shares during the period. Barclays PLC owned 0.13% of First Community worth $215,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Fourthstone LLC increased its position in shares of First Community by 28.9% in the 3rd quarter. Fourthstone LLC now owns 400,225 shares of the bank’s stock valued at $8,581,000 after purchasing an additional 89,652 shares during the last quarter. Strategic Value Bank Partners LLC increased its position in shares of First Community by 0.3% in the 2nd quarter. Strategic Value Bank Partners LLC now owns 291,998 shares of the bank’s stock valued at $5,037,000 after purchasing an additional 975 shares during the last quarter. Independent Advisor Alliance increased its position in shares of First Community by 0.7% in the 3rd quarter. Independent Advisor Alliance now owns 105,945 shares of the bank’s stock valued at $2,271,000 after purchasing an additional 690 shares during the last quarter. State Street Corp increased its position in shares of First Community by 5.6% in the 3rd quarter. State Street Corp now owns 22,795 shares of the bank’s stock valued at $489,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of First Community by 22.1% in the 2nd quarter. Acadian Asset Management LLC now owns 19,474 shares of the bank’s stock valued at $335,000 after purchasing an additional 3,525 shares during the last quarter. 61.25% of the stock is owned by hedge funds and other institutional investors.

First Community Trading Down 0.4 %

NASDAQ FCCO opened at $23.61 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.79 and a quick ratio of 0.79. The firm’s fifty day moving average price is $24.74 and its 200 day moving average price is $22.12. The company has a market capitalization of $180.40 million, a price-to-earnings ratio of 13.97 and a beta of 0.42. First Community Co. has a 12 month low of $15.40 and a 12 month high of $26.48.

First Community (NASDAQ:FCCO) last posted its earnings results on Wednesday, October 16th. The bank reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The firm had revenue of $26.73 million for the quarter, compared to the consensus estimate of $16.65 million. First Community had a net margin of 12.99% and a return on equity of 9.57%. During the same period last year, the firm posted $0.23 EPS. On average, sell-side analysts expect that First Community Co. will post 1.76 earnings per share for the current fiscal year.

First Community Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Tuesday, October 29th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.54%. The ex-dividend date was Tuesday, October 29th. First Community’s payout ratio is currently 35.50%.

First Community Company Profile

First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.