Janus Henderson Group PLC Takes Position in First Community Corporation (FCCO)

Janus Henderson Group PLC purchased a new stake in shares of First Community Corporation (NASDAQ:FCCO) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 54,328 shares of the bank’s stock, valued at approximately $1,141,000. Janus Henderson Group PLC owned approximately 0.81% of First Community Corporation as of its most recent filing with the SEC.

Separately, Stifel Financial Corp boosted its stake in First Community Corporation by 2.1% during the 2nd quarter. Stifel Financial Corp now owns 19,312 shares of the bank’s stock valued at $406,000 after purchasing an additional 406 shares in the last quarter. 47.05% of the stock is currently owned by hedge funds and other institutional investors.

First Community Corporation (NASDAQ FCCO) opened at 22.85 on Monday. First Community Corporation has a 52 week low of $14.95 and a 52 week high of $23.55. The firm’s 50-day moving average price is $21.14 and its 200-day moving average price is $20.82. The company has a market capitalization of $153.03 million, a price-to-earnings ratio of 22.62 and a beta of 0.81.

First Community Corporation (NASDAQ:FCCO) last posted its quarterly earnings data on Wednesday, October 18th. The bank reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). First Community Corporation had a return on equity of 8.52% and a net margin of 17.69%. The company had revenue of $9.65 million during the quarter, compared to the consensus estimate of $9.79 million. On average, equities analysts expect that First Community Corporation will post $1.03 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.58%. The ex-dividend date is Tuesday, October 31st. First Community Corporation’s dividend payout ratio (DPR) is presently 34.62%.

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A number of brokerages have issued reports on FCCO. Zacks Investment Research lowered First Community Corporation from a “hold” rating to a “sell” rating in a research note on Friday, October 6th. ValuEngine lowered First Community Corporation from a “buy” rating to a “hold” rating in a research note on Friday, October 20th.

In related news, Director George H. Fann, Jr. acquired 1,903 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The stock was purchased at an average price of $20.35 per share, for a total transaction of $38,726.05. Following the transaction, the director now directly owns 86,519 shares of the company’s stock, valued at approximately $1,760,661.65. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director George H. Fann, Jr. acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The stock was bought at an average price of $20.55 per share, with a total value of $102,750.00. Following the transaction, the director now directly owns 84,616 shares in the company, valued at $1,738,858.80. The disclosure for this purchase can be found here. Insiders own 8.73% of the company’s stock.

About First Community Corporation

First Community Corporation is a bank holding company for First Community Bank (the Bank). The Bank offers commercial and retail banking services to small-to-medium sized businesses, professional concerns and individuals, primarily in Richland, Lexington, Kershaw and Newberry Counties of South Carolina and the surrounding areas.

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Institutional Ownership by Quarter for First Community Corporation (NASDAQ:FCCO)

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