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% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,947 shares of the bank’s stock after purchasing an additional 2,761 shares during the quarter. Stephens Inc. AR’s holdings in First Community Bancshares were worth $664,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FCBC. Nisa Investment Advisors LLC raised its stake in 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 purchasing an additional 4,100 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in First Community Bancshares during the 1st quarter valued at $242,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in 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 purchasing an additional 474 shares during the last quarter. AQR Capital Management LLC raised its stake in 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 purchasing an additional 8,457 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in First Community Bancshares by 2.8% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,799 shares of the bank’s stock valued at $822,000 after purchasing an additional 592 shares during the last quarter. 34.95% of the stock is currently owned by institutional investors and hedge funds.

First Community Bancshares Stock Performance

Shares of FCBC stock opened at $33.62 on Friday. First Community Bancshares, Inc. has a 52-week low of $31.74 and a 52-week high of $49.02. The stock has a market cap of $615.75 million, a price-to-earnings ratio of 12.32 and a beta of 0.64. The firm has a fifty day moving average of $35.68 and a 200-day moving average of $37.51.

First Community Bancshares (NASDAQ:FCBC) last posted its earnings results on Tuesday, July 22nd. The bank reported $0.67 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $40.60 million.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of First Community Bancshares in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, First Community Bancshares has an average 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.