Segall Bryant & Hamill LLC Has $2.95 Million Stake in First Community Bancshares, Inc. (FCBC)

Segall Bryant & Hamill LLC reduced its stake in First Community Bancshares, Inc. (NASDAQ:FCBC) by 2.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,368 shares of the bank’s stock after selling 2,280 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.60% of First Community Bancshares worth $2,951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. UBS Asset Management Americas Inc. purchased a new stake in First Community Bancshares in the second quarter valued at approximately $213,000. Goldman Sachs Group Inc. purchased a new stake in First Community Bancshares in the second quarter valued at approximately $216,000. PNC Financial Services Group Inc. raised its stake in First Community Bancshares by 2.2% in the second quarter. PNC Financial Services Group Inc. now owns 10,000 shares of the bank’s stock valued at $274,000 after purchasing an additional 220 shares in the last quarter. PDT Partners LLC purchased a new stake in First Community Bancshares in the second quarter valued at approximately $298,000. Finally, Janney Montgomery Scott LLC raised its stake in First Community Bancshares by 12.6% in the second quarter. Janney Montgomery Scott LLC now owns 12,050 shares of the bank’s stock valued at $330,000 after purchasing an additional 1,350 shares in the last quarter. 40.35% of the stock is currently owned by institutional investors and hedge funds.

First Community Bancshares, Inc. (FCBC) opened at $29.11 on Monday. The company has a market cap of $494.50, a P/E ratio of 18.78 and a beta of 0.72. First Community Bancshares, Inc. has a one year low of $23.23 and a one year high of $32.24. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.99 and a current ratio of 0.99.

First Community Bancshares (NASDAQ:FCBC) last posted its quarterly earnings results on Tuesday, October 24th. The bank reported $0.45 EPS for the quarter, topping the consensus estimate of $0.42 by $0.03. The firm had revenue of $29.19 million for the quarter. First Community Bancshares had a net margin of 22.32% and a return on equity of 7.67%.

The firm also recently declared a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Friday, November 3rd were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend was Thursday, November 2nd. First Community Bancshares’s dividend payout ratio (DPR) is presently 45.86%.

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First Community Bancshares Profile

First Community Bancshares, Inc is a financial holding company. The Company provides commercial banking products and services through its subsidiary First Community Bank (the Bank). The Bank operates as First Community Bank in Virginia, West Virginia, and North Carolina and People’s Community Bank, a Division of First Community Bank, in Tennessee.

Institutional Ownership by Quarter for First Community Bancshares (NASDAQ:FCBC)

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