First Community Bancshares, Inc. (NASDAQ:FCBC) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Saturday.

Separately, Keefe, Bruyette & Woods reissued a “hold” rating on shares of First Community Bancshares in a report on Sunday, July 30th.

First Community Bancshares (FCBC) opened at 25.11 on Friday. The stock has a 50 day moving average price of $27.25 and a 200-day moving average price of $26.58. The stock has a market cap of $427.30 million, a P/E ratio of 16.84 and a beta of 0.71. First Community Bancshares has a 12-month low of $20.47 and a 12-month high of $31.94.

First Community Bancshares (NASDAQ:FCBC) last announced its quarterly earnings data on Tuesday, July 25th. The bank reported $0.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.01. The firm had revenue of $27.77 million during the quarter. First Community Bancshares had a return on equity of 7.38% and a net margin of 21.56%. On average, equities analysts expect that First Community Bancshares will post $1.58 earnings per share for the current year.

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In related news, President Gary R. Mills bought 1,000 shares of the stock in a transaction dated Friday, July 28th. The stock was bought at an average cost of $27.38 per share, with a total value of $27,380.00. Following the completion of the acquisition, the president now owns 16,533 shares of the company’s stock, valued at $452,673.54. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.33% of the stock is currently owned by corporate insiders.

Institutional investors have recently bought and sold shares of the stock. UBS Asset Management Americas Inc. bought a new position in First Community Bancshares during the second quarter valued at approximately $213,000. Trexquant Investment LP bought a new position in First Community Bancshares during the first quarter valued at approximately $232,000. American International Group Inc. raised its position in First Community Bancshares by 7.0% in the first quarter. American International Group Inc. now owns 9,612 shares of the bank’s stock valued at $240,000 after buying an additional 626 shares during the period. PNC Financial Services Group Inc. raised its position in First Community Bancshares by 4.0% in the first quarter. PNC Financial Services Group Inc. now owns 9,780 shares of the bank’s stock valued at $244,000 after buying an additional 380 shares during the period. Finally, Russell Investments Group Ltd. raised its position in First Community Bancshares by 251.6% in the first quarter. Russell Investments Group Ltd. now owns 10,900 shares of the bank’s stock valued at $272,000 after buying an additional 7,800 shares during the period. 46.23% of the stock is owned by institutional investors.

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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