First Community Bancshares (NASDAQ:FCBC) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

First Community Bancshares, Inc. (NASDAQ:FCBC) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $35.54 and traded as high as $40.68. First Community Bancshares shares last traded at $40.48, with a volume of 86,681 shares changing hands.

Analysts Set New Price Targets

Several research analysts have weighed in on FCBC shares. Weiss Ratings reiterated a “hold (c)” rating on shares of First Community Bancshares in a research report on Wednesday, January 28th. Wall Street Zen raised shares of First Community Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, November 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

First Community Bancshares Price Performance

The company has a market cap of $772.36 million, a P/E ratio of 15.22 and a beta of 0.57. The stock has a 50-day moving average of $38.12 and a 200 day moving average of $35.54.

First Community Bancshares (NASDAQ:FCBC) last posted its quarterly earnings data on Tuesday, January 27th. The bank reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.10. The business had revenue of $43.79 million during the quarter, compared to analysts’ expectations of $43.20 million. First Community Bancshares had a net margin of 26.32% and a return on equity of 10.17%.

First Community Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Friday, February 13th. First Community Bancshares’s dividend payout ratio (DPR) is 46.62%.

Institutional Investors Weigh In On First Community Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in FCBC. State of Alaska Department of Revenue acquired a new position in shares of First Community Bancshares during the 3rd quarter worth $25,000. Advisory Services Network LLC acquired a new stake in First Community Bancshares in the third quarter valued at about $26,000. Financial Consulate Inc. bought a new position in First Community Bancshares in the fourth quarter valued at about $34,000. City Holding Co. grew its position in First Community Bancshares by 98.5% in the third quarter. City Holding Co. now owns 1,042 shares of the bank’s stock valued at $36,000 after acquiring an additional 517 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new position in First Community Bancshares during the third quarter worth about $37,000. 34.95% of the stock is currently owned by institutional investors.

First Community Bancshares Company Profile

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.