SG Americas Securities LLC Purchases 1,109 Shares of First Community Bankshares, Inc. (NASDAQ:FCBC)

SG Americas Securities LLC grew its position in First Community Bankshares, Inc. (NASDAQ:FCBC) by 18.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,185 shares of the bank’s stock after acquiring an additional 1,109 shares during the period. SG Americas Securities LLC’s holdings in First Community Bankshares were worth $299,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. AQR Capital Management LLC acquired a new stake in First Community Bankshares during the 2nd quarter valued at $297,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of First Community Bankshares by 14.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,947 shares of the bank’s stock valued at $109,000 after buying an additional 361 shares in the last quarter. Creative Planning acquired a new stake in shares of First Community Bankshares in the third quarter valued at $367,000. Assenagon Asset Management S.A. bought a new position in shares of First Community Bankshares in the third quarter valued at about $1,030,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in First Community Bankshares during the 3rd quarter worth about $802,000. 34.95% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at First Community Bankshares

In related news, CFO David D. Brown sold 2,520 shares of First Community Bankshares stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $48.00, for a total value of $120,960.00. Following the completion of the sale, the chief financial officer now directly owns 12,676 shares in the company, valued at $608,448. This trade represents a 16.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jason R. Belcher sold 6,384 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $46.49, for a total value of $296,792.16. Following the sale, the senior vice president now directly owns 15,317 shares of the company’s stock, valued at $712,087.33. This represents a 29.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.67% of the stock is currently owned by corporate insiders.

First Community Bankshares Trading Up 1.8 %

FCBC opened at $44.72 on Thursday. First Community Bankshares, Inc. has a 1-year low of $31.00 and a 1-year high of $49.02. The stock has a market capitalization of $817.93 million, a PE ratio of 15.75 and a beta of 0.57. The firm has a 50-day moving average price of $42.82 and a two-hundred day moving average price of $43.08.

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 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 will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.31 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.24 annualized dividend and a dividend yield of 2.77%. 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.