Jane Street Group LLC Has $432,000 Holdings in First Community Co. (NASDAQ:FCCO)

Jane Street Group LLC trimmed its position in First Community Co. (NASDAQ:FCCO) by 47.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,147 shares of the bank’s stock after selling 18,353 shares during the quarter. Jane Street Group LLC owned 0.26% of First Community worth $432,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FCCO. Cubist Systematic Strategies LLC bought a new stake in First Community in the 2nd quarter valued at $58,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in First Community in the second quarter valued at about $190,000. Squarepoint Ops LLC acquired a new position in First Community in the second quarter worth about $261,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in First Community during the third quarter worth about $289,000. Finally, Acadian Asset Management LLC lifted its stake in First Community by 22.1% during the second quarter. Acadian Asset Management LLC now owns 19,474 shares of the bank’s stock worth $335,000 after purchasing an additional 3,525 shares during the period. 61.25% of the stock is owned by institutional investors.

First Community Trading Down 1.2 %

FCCO stock opened at $23.32 on Wednesday. First Community Co. has a 1-year low of $15.40 and a 1-year high of $26.48. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.45. The business’s 50 day moving average is $24.74 and its 200-day moving average is $22.12. The firm has a market cap of $178.16 million, a P/E ratio of 13.80 and a beta of 0.40.

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

First Community Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Tuesday, October 29th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Tuesday, October 29th. First Community’s dividend 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.