Stephens Inc. AR Has $664,000 Holdings in First Community Bancshares, Inc. $FCBC

Stephens Inc. AR boosted its stake in shares of First Community Bancshares, Inc. (NASDAQ:FCBC) by 19.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,947 shares of the bank’s stock after purchasing an additional 2,761 shares during the period. Stephens Inc. AR owned about 0.09% of First Community Bancshares worth $664,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in First Community Bancshares by 4.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,124 shares of the bank’s stock valued at $382,000 after purchasing an additional 474 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in First Community Bancshares by 2.8% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,799 shares of the bank’s stock worth $822,000 after acquiring an additional 592 shares in the last quarter. Burke & Herbert Bank & Trust Co. grew its position in First Community Bancshares by 4.1% in the first quarter. Burke & Herbert Bank & Trust Co. now owns 38,920 shares of the bank’s stock worth $1,467,000 after acquiring an additional 1,550 shares in the last quarter. Nisa Investment Advisors LLC grew its position in First Community Bancshares by 224.8% in the first quarter. Nisa Investment Advisors LLC now owns 5,924 shares of the bank’s stock worth $223,000 after acquiring an additional 4,100 shares in the last quarter. Finally, Hsbc Holdings PLC grew its position in First Community Bancshares by 23.9% in the first quarter. Hsbc Holdings PLC now owns 30,081 shares of the bank’s stock worth $1,148,000 after acquiring an additional 5,794 shares in the last quarter. 34.95% of the stock is owned by hedge funds and other institutional investors.

First Community Bancshares Trading Up 1.8%

Shares of First Community Bancshares stock opened at $33.62 on Friday. The firm has a fifty day simple moving average of $35.68 and a 200-day simple moving average of $37.51. First Community Bancshares, Inc. has a 1-year low of $31.74 and a 1-year high of $49.02. The stock has a market capitalization of $615.75 million, a price-to-earnings ratio of 12.32 and a beta of 0.64.

First Community Bancshares (NASDAQ:FCBC) last issued its quarterly earnings data on Tuesday, July 22nd. The bank reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. First Community Bancshares had a net margin of 27.07% and a return on equity of 9.68%. The business had revenue of $41.00 million during the quarter, compared to analysts’ expectations of $40.60 million.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of First Community Bancshares in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

First Community Bancshares 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.