Teacher Retirement System of Texas Sells 1,504 Shares of First Community Bankshares, Inc. (NASDAQ:FCBC)

Teacher Retirement System of Texas cut its position in shares of First Community Bankshares, Inc. (NASDAQ:FCBC) by 7.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,013 shares of the bank’s stock after selling 1,504 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.11% of First Community Bankshares worth $833,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of FCBC. Charles Schwab Investment Management Inc. grew its position in First Community Bankshares by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 137,716 shares of the bank’s stock valued at $5,734,000 after acquiring an additional 918 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of First Community Bankshares by 18.3% during the 4th quarter. SG Americas Securities LLC now owns 7,185 shares of the bank’s stock valued at $299,000 after purchasing an additional 1,109 shares during the last quarter. Franklin Resources Inc. raised its position in First Community Bankshares by 11.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,950 shares of the bank’s stock worth $475,000 after purchasing an additional 1,158 shares during the period. Signaturefd LLC lifted its stake in First Community Bankshares by 62.3% in the fourth quarter. Signaturefd LLC now owns 3,509 shares of the bank’s stock worth $146,000 after purchasing an additional 1,347 shares during the last quarter. Finally, Atala Financial Inc purchased a new stake in First Community Bankshares during the fourth quarter valued at about $59,000. 34.95% of the stock is owned by hedge funds and other institutional investors.

First Community Bankshares Trading Down 2.3 %

FCBC opened at $38.07 on Friday. First Community Bankshares, Inc. has a 12 month low of $31.00 and a 12 month high of $49.02. The business’s 50-day moving average price is $40.94 and its 200-day moving average price is $42.54. The company has a market cap of $697.71 million, a P/E ratio of 13.40 and a beta of 0.53.

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

First Community Bankshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, February 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.26%. First Community Bankshares’s dividend payout ratio is currently 43.66%.

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.