First Community Bancshares (NASDAQ:FCBC) Stock Crosses Above 200-Day Moving Average – Should You Sell?

First Community Bancshares, Inc. (NASDAQ:FCBC)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $34.92 and traded as high as $41.52. First Community Bancshares shares last traded at $40.60, with a volume of 88,225 shares traded.

Analyst Ratings Changes

A number of research analysts recently issued reports on FCBC shares. Weiss Ratings reiterated a “hold (c)” rating on shares of First Community Bancshares in a report on Wednesday, January 28th. Wall Street Zen raised First Community Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, November 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, First Community Bancshares has an average rating of “Hold”.

First Community Bancshares Stock Down 0.5%

The stock has a market cap of $743.79 million, a PE ratio of 15.26 and a beta of 0.61. The firm has a fifty day moving average of $34.87 and a 200 day moving average of $34.92.

First Community Bancshares (NASDAQ:FCBC) last released its quarterly earnings data on Tuesday, January 27th. The bank reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.10. First Community Bancshares had a return on equity of 10.16% and a net margin of 26.32%.The business had revenue of $43.79 million during the quarter, compared to analysts’ expectations of $43.20 million.

First Community Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.24 dividend on an annualized basis and a yield of 3.1%. First Community Bancshares’s dividend payout ratio (DPR) is presently 46.62%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in First Community Bancshares by 4.9% in the first 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 last quarter. Osaic Holdings Inc. increased its position in shares of First Community Bancshares by 10.5% during the second quarter. Osaic Holdings Inc. now owns 5,265 shares of the bank’s stock worth $206,000 after purchasing an additional 499 shares in the last quarter. Aquatic Capital Management LLC lifted its holdings in shares of First Community Bancshares by 78.0% in the 3rd quarter. Aquatic Capital Management LLC now owns 1,143 shares of the bank’s stock valued at $40,000 after purchasing an additional 501 shares during the last quarter. City Holding Co. boosted its position in shares of First Community Bancshares by 98.5% in the 3rd quarter. City Holding Co. now owns 1,042 shares of the bank’s stock valued at $36,000 after purchasing an additional 517 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in shares of First Community Bancshares by 56.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,608 shares of the bank’s stock valued at $63,000 after purchasing an additional 577 shares during the period. 34.95% of the stock is owned by hedge funds and other institutional investors.

About First Community Bancshares

First Community Bancshares, Inc (NASDAQ: FCBC) is a bank holding company headquartered in Mebane, North Carolina, that delivers banking and financial services through its wholly owned subsidiary, First Community Bank. The company’s core focus is on relationship-driven community banking, offering clients a blend of personalized service and competitive digital banking capabilities. It serves a diverse clientele that includes individuals, families, small and mid-sized businesses, nonprofit organizations and professional practices.

The bank provides a broad spectrum of deposit products, such as checking, savings, money market and certificate of deposit accounts, alongside treasury management and payment processing solutions.