First Community Bankshares (NASDAQ:FCBC) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

First Community Bankshares, Inc. (NASDAQ:FCBC) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $43.11 and traded as high as $44.19. First Community Bankshares shares last traded at $44.05, with a volume of 43,290 shares trading hands.

First Community Bankshares Stock Performance

The company has a market capitalization of $759.04 million, a price-to-earnings ratio of 14.61 and a beta of 0.57. The company’s fifty day simple moving average is $42.53 and its two-hundred day simple moving average is $43.09.

First Community Bankshares (NASDAQ:FCBC) last announced its quarterly earnings data on Tuesday, January 28th. The bank reported $0.71 earnings per share 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 firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.31 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.99%. First Community Bankshares’s payout ratio is currently 43.66%.

Institutional Trading of First Community Bankshares

Several hedge funds have recently bought and sold shares of FCBC. Barclays PLC raised its position in shares of First Community Bankshares by 219.6% during the 3rd quarter. Barclays PLC now owns 29,709 shares of the bank’s stock worth $1,282,000 after buying an additional 20,412 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of First Community Bankshares by 67.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 31,133 shares of the bank’s stock worth $1,343,000 after buying an additional 12,514 shares in the last quarter. Franklin Resources Inc. raised its position 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 buying an additional 1,158 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of First Community Bankshares during the 3rd quarter worth about $1,030,000. Finally, Creative Planning bought a new stake in shares of First Community Bankshares during the 3rd quarter worth about $367,000. 34.95% of the stock is currently owned by institutional investors.

First Community Bankshares Company 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.