First Community Bancshares (NASDAQ:FCBC) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

First Community Bancshares, Inc. (NASDAQ:FCBC - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.55 and traded as high as $39.56. First Community Bancshares shares last traded at $39.21, with a volume of 27,675 shares.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded First Community Bancshares from a "hold" rating to a "sell" rating in a report on Saturday, May 24th.

First Community Bancshares Stock Performance

The firm has a market cap of $716.76 million, a P/E ratio of 14.36 and a beta of 0.60. The firm has a fifty day moving average of $39.11 and a 200-day moving average of $39.55.

First Community Bancshares (NASDAQ:FCBC - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The bank reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.02. The business had revenue of $41.00 million for the quarter, compared to the consensus estimate of $40.60 million. First Community Bancshares had a return on equity of 9.62% and a net margin of 27.07%.

First Community Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 8th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 3.16%. The ex-dividend date is Friday, August 8th. First Community Bancshares's payout ratio is currently 45.42%.

Institutional Trading of First Community Bancshares

Several hedge funds have recently added to or reduced their stakes in FCBC. GAMMA Investing LLC raised its stake in First Community Bancshares by 3,912.9% during the 1st quarter. GAMMA Investing LLC now owns 61,397 shares of the bank's stock valued at $2,314,000 after acquiring an additional 59,867 shares in the last quarter. Vanguard Group Inc. raised its stake in First Community Bancshares by 5.9% during the 1st quarter. Vanguard Group Inc. now owns 1,000,510 shares of the bank's stock valued at $37,709,000 after acquiring an additional 55,632 shares in the last quarter. Nuveen LLC bought a new stake in First Community Bancshares during the 1st quarter valued at $1,849,000. JPMorgan Chase & Co. raised its stake in First Community Bancshares by 134.5% during 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 in the last quarter. Finally, Jane Street Group LLC bought a new stake in First Community Bancshares during the 1st quarter valued at $976,000. Institutional investors own 34.95% of the company's stock.

About First Community Bancshares

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.

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