Voya Investment Management LLC Sells 538 Shares of First Community Bancshares, Inc. $FCBC

Voya Investment Management LLC cut its position in First Community Bancshares, Inc. (NASDAQ:FCBC) by 8.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,787 shares of the bank’s stock after selling 538 shares during the quarter. Voya Investment Management LLC’s holdings in First Community Bancshares were worth $218,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Nisa Investment Advisors LLC lifted its position in shares of First Community Bancshares by 224.8% during the 1st quarter. Nisa Investment Advisors LLC now owns 5,924 shares of the bank’s stock valued at $223,000 after acquiring an additional 4,100 shares during the period. Concurrent Investment Advisors LLC bought a new stake in shares of First Community Bancshares during the 1st quarter valued at $242,000. Citadel Advisors LLC bought a new stake in shares of First Community Bancshares during the 4th quarter valued at $257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of First Community Bancshares by 4.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,124 shares of the bank’s stock valued at $382,000 after acquiring an additional 474 shares during the period. Finally, AQR Capital Management LLC lifted its position in shares of First Community Bancshares by 87.3% during the 1st quarter. AQR Capital Management LLC now owns 18,145 shares of the bank’s stock valued at $684,000 after acquiring an additional 8,457 shares during the period. 34.95% of the stock is currently owned by institutional investors.

First Community Bancshares Stock Performance

NASDAQ:FCBC opened at $34.52 on Tuesday. The stock has a fifty day moving average price of $37.08 and a 200-day moving average price of $38.10. The company has a market cap of $632.41 million, a price-to-earnings ratio of 12.64 and a beta of 0.68. First Community Bancshares, Inc. has a fifty-two week low of $32.81 and a fifty-two week high of $49.02.

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

First Community Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, August 8th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Friday, August 8th. First Community Bancshares’s dividend payout ratio is presently 45.42%.

First Community Bancshares 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.