Mariner LLC Acquires Shares of 15,126 First Community Bankshares, Inc. (NASDAQ:FCBC)

Mariner LLC bought a new position 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 Securities & Exchange Commission. The fund bought 15,126 shares of the bank's stock, valued at approximately $630,000. Mariner LLC owned approximately 0.08% of First Community Bankshares at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FCBC. Atala Financial Inc acquired a new stake in First Community Bankshares during the 4th quarter worth approximately $59,000. KLP Kapitalforvaltning AS bought a new stake in shares of First Community Bankshares in the 4th quarter valued at $137,000. Signaturefd LLC grew its holdings in First Community Bankshares by 62.3% during the 4th quarter. Signaturefd LLC now owns 3,509 shares of the bank's stock worth $146,000 after acquiring an additional 1,347 shares during the period. SG Americas Securities LLC lifted its stake in shares of First Community Bankshares by 18.3% in 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 period. Finally, Intech Investment Management LLC acquired a new stake in First Community Bankshares during the fourth quarter worth approximately $351,000. 34.95% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded First Community Bankshares from a "sell" rating to a "hold" rating in a report on Friday.

First Community Bankshares Price Performance

Shares of FCBC stock traded up $0.08 on Tuesday, reaching $38.64. 28,457 shares of the company were exchanged, compared to its average volume of 36,683. The company has a 50-day moving average of $38.35 and a 200-day moving average of $41.55. The company has a market cap of $708.16 million, a price-to-earnings ratio of 13.61 and a beta of 0.58. First Community Bankshares, Inc. has a one year low of $32.63 and a one year high of $49.02.

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

First Community Bankshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Friday, May 9th. First Community Bankshares's payout ratio is presently 44.77%.

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.