First Community Bankshares (NASDAQ:FCBC) Sees Unusually-High Trading Volume – Should You Buy?

Shares of First Community Bankshares, Inc. (NASDAQ:FCBC) saw an uptick in trading volume on Friday . 26,605 shares traded hands during mid-day trading, a decline of 20% from the previous session’s volume of 33,352 shares.The stock last traded at $38.42 and had previously closed at $38.70.

First Community Bankshares Stock Down 1.2 %

The company has a market cap of $700.46 million, a P/E ratio of 13.46 and a beta of 0.53. The firm’s 50 day moving average is $41.10 and its two-hundred day moving average is $42.65.

First Community Bankshares (NASDAQ:FCBC) last issued its quarterly earnings data on Tuesday, January 28th. The bank reported $0.71 earnings per share for the quarter. First Community Bankshares had a net margin of 27.81% and a return on equity of 10.35%.

First Community Bankshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.31 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.24 annualized dividend and a dividend yield of 3.24%. First Community Bankshares’s dividend payout ratio is 43.66%.

Institutional Trading of First Community Bankshares

A number of institutional investors have recently bought and sold shares of the company. Systematic Financial Management LP raised its holdings in shares of First Community Bankshares by 2.0% during the fourth quarter. Systematic Financial Management LP now owns 542,599 shares of the bank’s stock valued at $22,594,000 after purchasing an additional 10,855 shares during the period. State Street Corp increased its stake in First Community Bankshares by 2.5% in the 3rd quarter. State Street Corp now owns 424,564 shares of the bank’s stock valued at $18,320,000 after buying an additional 10,166 shares during the last quarter. Northern Trust Corp increased its stake in First Community Bankshares by 6.9% in the 4th quarter. Northern Trust Corp now owns 168,347 shares of the bank’s stock valued at $7,010,000 after buying an additional 10,819 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in First Community Bankshares by 0.7% in the 4th 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 last quarter. Finally, JPMorgan Chase & Co. increased its stake in First Community Bankshares by 134.5% in the 4th quarter. JPMorgan Chase & Co. now owns 73,000 shares of the bank’s stock valued at $3,040,000 after buying an additional 41,867 shares during the last quarter. Institutional investors own 34.95% of the company’s stock.

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.