BidaskClub upgraded shares of First Community Bancshares (NASDAQ:FCBC) from a strong sell rating to a sell rating in a research note issued to investors on Tuesday.

First Community Bancshares (NASDAQ:FCBC) traded up $0.21 during trading on Tuesday, reaching $29.51. The company’s stock had a trading volume of 16,609 shares, compared to its average volume of 13,720. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market capitalization of $497.73, a price-to-earnings ratio of 18.80 and a beta of 0.73. First Community Bancshares has a 12 month low of $23.23 and a 12 month high of $32.24.

First Community Bancshares (NASDAQ:FCBC) last posted its quarterly earnings data on Tuesday, October 24th. The bank reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.03. The business had revenue of $29.19 million for the quarter. First Community Bancshares had a return on equity of 7.67% and a net margin of 22.32%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. PDT Partners LLC acquired a new stake in shares of First Community Bancshares during the second quarter valued at $298,000. Dimensional Fund Advisors LP boosted its stake in shares of First Community Bancshares by 3.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,003,331 shares of the bank’s stock valued at $27,442,000 after acquiring an additional 35,315 shares during the last quarter. State Street Corp boosted its stake in shares of First Community Bancshares by 2.2% during the second quarter. State Street Corp now owns 331,024 shares of the bank’s stock valued at $9,053,000 after acquiring an additional 7,201 shares during the last quarter. Northern Trust Corp boosted its stake in shares of First Community Bancshares by 12.2% during the second quarter. Northern Trust Corp now owns 202,099 shares of the bank’s stock valued at $5,528,000 after acquiring an additional 21,993 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of First Community Bancshares by 7.8% during the second quarter. Vanguard Group Inc. now owns 609,559 shares of the bank’s stock valued at $16,671,000 after acquiring an additional 44,062 shares during the last quarter. 40.35% of the stock is currently owned by institutional investors and hedge funds.

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About First Community Bancshares

First Community Bancshares, Inc is a financial holding company. The Company provides commercial banking products and services through its subsidiary First Community Bank (the Bank). The Bank operates as First Community Bank in Virginia, West Virginia, and North Carolina and People’s Community Bank, a Division of First Community Bank, in Tennessee.

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