First Community Bancshares President Gary R. Mills Purchases 1,000 Shares (FCBC)
First Community Bancshares (NASDAQ:FCBC) President Gary R. Mills purchased 1,000 shares of First Community Bancshares stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average price of $14.85 per share, with a total value of $14,850.00. Following the completion of the acquisition, the president now directly owns 7,487 shares in the company, valued at approximately $111,182. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Separately, analysts at Zacks upgraded shares of First Community Bancshares from a “neutral” rating to an “outperform” rating in a research note on Thursday, July 31st. They now have a $17.50 price target on the stock.
Shares of First Community Bancshares (NASDAQ:FCBC) traded up 2.19% on Thursday, hitting $15.40. The stock had a trading volume of 5,610 shares. First Community Bancshares has a 52 week low of $13.31 and a 52 week high of $17.80. The stock has a 50-day moving average of $14.30 and a 200-day moving average of $15.17. The company has a market cap of $283.4 million and a price-to-earnings ratio of 12.89.
First Community Bancshares (NASDAQ:FCBC) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. On average, analysts predict that First Community Bancshares will post $1.33 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 15th. Investors of record on Friday, August 1st will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Wednesday, July 30th. This is an increase from First Community Bancshares’s previous quarterly dividend of $0.12.
First Community Bancshares, Inc is a financial holding company. The Company serves as the holding company for First Community Bank (NASDAQ:FCBC).
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