Charles Schwab Investment Management Inc. Buys 918 Shares of First Community Bankshares, Inc. (NASDAQ:FCBC)

Charles Schwab Investment Management Inc. increased its stake in shares of First Community Bankshares, Inc. (NASDAQ:FCBC) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,716 shares of the bank’s stock after acquiring an additional 918 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.75% of First Community Bankshares worth $5,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Barclays PLC grew its holdings in shares of First Community Bankshares by 219.6% in the third quarter. Barclays PLC now owns 29,709 shares of the bank’s stock worth $1,282,000 after purchasing an additional 20,412 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in First Community Bankshares during the 3rd quarter valued at $802,000. JPMorgan Chase & Co. grew its holdings in First Community Bankshares by 67.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 31,133 shares of the bank’s stock worth $1,343,000 after acquiring an additional 12,514 shares during the last quarter. State Street Corp grew its holdings in First Community Bankshares by 2.5% in the 3rd quarter. State Street Corp now owns 424,564 shares of the bank’s stock worth $18,320,000 after acquiring an additional 10,166 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of First Community Bankshares in the third quarter valued at about $372,000. 34.95% of the stock is owned by hedge funds and other institutional investors.

First Community Bankshares Trading Up 2.3 %

First Community Bankshares stock opened at $39.11 on Tuesday. The firm has a market cap of $716.77 million, a P/E ratio of 13.77 and a beta of 0.53. First Community Bankshares, Inc. has a 1-year low of $31.00 and a 1-year high of $49.02. The firm has a 50-day moving average of $41.10 and a 200-day moving average of $42.63.

First Community Bankshares (NASDAQ:FCBC) last released 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 business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.17%. The ex-dividend date was Friday, February 14th. First Community Bankshares’s dividend payout ratio (DPR) is currently 43.66%.

First Community Bankshares Profile

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.