American Century Companies Inc. Decreases Holdings in First Community Bankshares, Inc. (NASDAQ:FCBC)

American Century Companies Inc. lowered its stake in First Community Bankshares, Inc. (NASDAQ:FCBC) by 6.0% in the 4th quarter, HoldingsChannel reports. The fund owned 52,215 shares of the bank’s stock after selling 3,355 shares during the period. American Century Companies Inc.’s holdings in First Community Bankshares were worth $2,174,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FCBC. Atala Financial Inc purchased a new stake in First Community Bankshares during the 4th quarter valued at $59,000. Signaturefd LLC raised its stake in shares of First Community Bankshares by 62.3% in the fourth quarter. Signaturefd LLC now owns 3,509 shares of the bank’s stock valued at $146,000 after acquiring an additional 1,347 shares during the period. SG Americas Securities LLC raised its stake in shares of First Community Bankshares by 18.3% in the fourth quarter. SG Americas Securities LLC now owns 7,185 shares of the bank’s stock valued at $299,000 after acquiring an additional 1,109 shares during the period. Intech Investment Management LLC bought a new stake in shares of First Community Bankshares in the 4th quarter worth about $351,000. Finally, Franklin Resources Inc. boosted its stake in shares of First Community Bankshares by 11.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,950 shares of the bank’s stock worth $475,000 after purchasing an additional 1,158 shares during the period. 34.95% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut First Community Bankshares from a “hold” rating to a “sell” rating in a research note on Tuesday.

First Community Bankshares Trading Up 1.6 %

NASDAQ:FCBC opened at $36.99 on Wednesday. The stock has a fifty day simple moving average of $40.12 and a 200-day simple moving average of $42.18. The company has a market cap of $677.92 million, a price-to-earnings ratio of 13.02 and a beta of 0.52. First Community Bankshares, Inc. has a twelve month low of $31.00 and a twelve month high of $49.02.

First Community Bankshares (NASDAQ:FCBC) last issued its earnings results on Tuesday, January 28th. The bank reported $0.71 EPS for the quarter. First Community Bankshares had a net margin of 27.81% and a return on equity of 10.35%.

First Community Bankshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date of this dividend was Friday, February 14th. First Community Bankshares’s dividend payout ratio (DPR) is presently 43.66%.

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.