Jefferies Financial Group Inc. Invests $329,000 in First Community Bankshares, Inc. (NASDAQ:FCBC)

Jefferies Financial Group Inc. acquired a new stake in shares of First Community Bankshares, Inc. (NASDAQ:FCBC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 7,900 shares of the bank's stock, valued at approximately $329,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FCBC. Northern Trust Corp lifted its holdings in shares of 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 acquiring an additional 10,819 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 acquiring an additional 918 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 acquiring an additional 41,867 shares during the last quarter. Barclays PLC lifted its holdings in shares of First Community Bankshares by 11.3% in the 4th quarter. Barclays PLC now owns 33,080 shares of the bank's stock valued at $1,378,000 after acquiring an additional 3,371 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its holdings in shares of First Community Bankshares by 3.5% in the 4th quarter. Hsbc Holdings PLC now owns 24,287 shares of the bank's stock valued at $1,016,000 after acquiring an additional 814 shares during the last quarter. Institutional investors own 34.95% of the company's stock.

First Community Bankshares Price Performance

Shares of FCBC traded down $1.08 during midday trading on Wednesday, hitting $38.21. The stock had a trading volume of 30,082 shares, compared to its average volume of 37,011. First Community Bankshares, Inc. has a 1 year low of $32.63 and a 1 year high of $49.02. The firm has a market cap of $698.44 million, a PE ratio of 13.45 and a beta of 0.58. The stock's 50 day moving average is $38.32 and its 200 day moving average is $41.33.

First Community Bankshares (NASDAQ:FCBC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The bank reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.01). The firm had revenue of $40.53 million during the quarter, compared to the consensus estimate of $40.50 million. First Community Bankshares had a return on equity of 10.35% and a net margin of 27.81%.

First Community Bankshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.25%. The ex-dividend date is Friday, May 9th. First Community Bankshares's payout ratio is currently 44.77%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of First Community Bankshares from a "sell" rating to a "hold" rating in a report on Friday, May 2nd.

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.