First Community Corporation (NASDAQ:FCCO - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $23.75 and traded as high as $25.55. First Community shares last traded at $25.29, with a volume of 26,126 shares trading hands.
Analysts Set New Price Targets
Separately, Hovde Group lifted their price objective on shares of First Community from $28.00 to $29.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th.
View Our Latest Report on First Community
First Community Stock Down 1.2%
The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.10. The company's fifty day moving average is $23.81 and its 200-day moving average is $23.76. The company has a market cap of $192.28 million, a PE ratio of 12.64 and a beta of 0.37.
First Community (NASDAQ:FCCO - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The bank reported $0.51 EPS for the quarter, beating the consensus estimate of $0.47 by $0.04. First Community had a net margin of 14.48% and a return on equity of 10.70%. The firm had revenue of $18.37 million for the quarter, compared to the consensus estimate of $17.39 million. On average, analysts predict that First Community Corporation will post 2.28 EPS for the current year.
First Community Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 6th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 6th. This represents a $0.60 annualized dividend and a yield of 2.40%. First Community's dividend payout ratio (DPR) is 30.30%.
Institutional Investors Weigh In On First Community
Several hedge funds have recently modified their holdings of the business. Northern Trust Corp increased its stake in First Community by 2.8% during the 4th quarter. Northern Trust Corp now owns 14,798 shares of the bank's stock valued at $355,000 after purchasing an additional 404 shares in the last quarter. Empowered Funds LLC boosted its holdings in First Community by 7.7% during the first quarter. Empowered Funds LLC now owns 10,080 shares of the bank's stock worth $227,000 after buying an additional 721 shares in the last quarter. Signaturefd LLC lifted its holdings in First Community by 846.7% during the first quarter. Signaturefd LLC now owns 2,168 shares of the bank's stock valued at $49,000 after purchasing an additional 1,939 shares in the last quarter. Cubist Systematic Strategies LLC lifted its holdings in First Community by 63.6% during the fourth quarter. Cubist Systematic Strategies LLC now owns 6,369 shares of the bank's stock valued at $153,000 after purchasing an additional 2,475 shares in the last quarter. Finally, Independent Advisor Alliance lifted its holdings in First Community by 4.1% during the first quarter. Independent Advisor Alliance now owns 102,823 shares of the bank's stock valued at $2,320,000 after purchasing an additional 4,020 shares in the last quarter. Hedge funds and other institutional investors own 61.25% of the company's stock.
First Community Company Profile
(
Get Free Report)
First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.
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