Barclays PLC Acquires 20,412 Shares of First Community Bankshares, Inc. (NASDAQ:FCBC)

Barclays PLC increased its stake in First Community Bankshares, Inc. (NASDAQ:FCBC) by 219.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,709 shares of the bank’s stock after purchasing an additional 20,412 shares during the period. Barclays PLC’s holdings in First Community Bankshares were worth $1,282,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Assenagon Asset Management S.A. bought a new stake in First Community Bankshares during the third quarter worth $1,030,000. Northwestern Mutual Wealth Management Co. boosted its position in First Community Bankshares by 14.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,947 shares of the bank’s stock worth $109,000 after buying an additional 361 shares during the period. Bank of New York Mellon Corp grew its holdings in First Community Bankshares by 3.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 124,760 shares of the bank’s stock worth $4,596,000 after acquiring an additional 4,623 shares during the last quarter. Creative Planning acquired a new position in First Community Bankshares in the 3rd quarter valued at approximately $367,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in First Community Bankshares in the third quarter valued at $802,000. 34.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO David D. Brown sold 2,520 shares of First Community Bankshares stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $48.00, for a total transaction of $120,960.00. Following the sale, the chief financial officer now directly owns 12,676 shares in the company, valued at $608,448. The trade was a 16.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jason R. Belcher sold 6,384 shares of First Community Bankshares stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $46.49, for a total transaction of $296,792.16. Following the completion of the sale, the senior vice president now directly owns 15,317 shares in the company, valued at $712,087.33. This trade represents a 29.42 % decrease in their position. The disclosure for this sale can be found here. 3.67% of the stock is currently owned by company insiders.

First Community Bankshares Price Performance

Shares of FCBC stock opened at $41.71 on Friday. The stock has a market capitalization of $762.92 million, a PE ratio of 14.95 and a beta of 0.56. The business’s 50 day simple moving average is $44.59 and its 200 day simple moving average is $42.07. First Community Bankshares, Inc. has a one year low of $31.00 and a one year high of $49.02.

First Community Bankshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.97%. The ex-dividend date was Friday, November 8th. First Community Bankshares’s dividend payout ratio is presently 44.44%.

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.