First Community Corporation (NASDAQ:FCCO) Director George H. Fann, Jr. bought 5,000 shares of the stock in a transaction on Thursday, August 17th. The stock was purchased at an average cost of $20.55 per share, with a total value of $102,750.00. Following the purchase, the director now directly owns 84,616 shares of the company’s stock, valued at approximately $1,738,858.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of First Community Corporation (NASDAQ:FCCO) remained flat at $20.50 during midday trading on Friday. The company’s stock had a trading volume of 1,084 shares. The company has a 50 day moving average of $20.72 and a 200-day moving average of $20.82. The company has a market capitalization of $137.29 million, a PE ratio of 20.30 and a beta of 0.81. First Community Corporation has a 52 week low of $14.75 and a 52 week high of $23.55.

First Community Corporation (NASDAQ:FCCO) last released its quarterly earnings data on Wednesday, July 19th. The bank reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.02. The company had revenue of $9.69 million during the quarter, compared to the consensus estimate of $9.42 million. First Community Corporation had a net margin of 17.39% and a return on equity of 8.24%. Equities analysts expect that First Community Corporation will post $0.98 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Monday, July 31st were paid a $0.09 dividend. The ex-dividend date of this dividend was Thursday, July 27th. This represents a $0.36 annualized dividend and a dividend yield of 1.76%. First Community Corporation’s dividend payout ratio is currently 35.64%.

COPYRIGHT VIOLATION NOTICE: “George H. Fann, Jr. Acquires 5,000 Shares of First Community Corporation (FCCO) Stock” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this story on another website, it was illegally stolen and reposted in violation of United States and international copyright law. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/08/18/george-h-fann-jr-acquires-5000-shares-of-first-community-corporation-fcco-stock.html.

FCCO has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of First Community Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, April 25th. ValuEngine raised shares of First Community Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

Hedge funds have recently added to or reduced their stakes in the stock. ClariVest Asset Management LLC bought a new stake in First Community Corporation during the first quarter valued at $110,000. Stratos Wealth Partners LTD. bought a new stake in First Community Corporation during the first quarter valued at $226,000. Greenwood Capital Associates LLC bought a new stake in First Community Corporation during the first quarter valued at $338,000. Stifel Financial Corp raised its stake in First Community Corporation by 2.1% in the second quarter. Stifel Financial Corp now owns 19,312 shares of the bank’s stock valued at $406,000 after buying an additional 406 shares in the last quarter. Finally, Asset Advisors Corp raised its stake in First Community Corporation by 0.5% in the first quarter. Asset Advisors Corp now owns 47,864 shares of the bank’s stock valued at $1,053,000 after buying an additional 256 shares in the last quarter. Institutional investors own 46.36% of the company’s stock.

First Community Corporation Company Profile

First Community Corporation is a bank holding company for First Community Bank (the Bank). The Bank offers commercial and retail banking services to small-to-medium sized businesses, professional concerns and individuals, primarily in Richland, Lexington, Kershaw and Newberry Counties of South Carolina and the surrounding areas.

Receive News & Ratings for First Community Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Community Corporation and related companies with MarketBeat.com's FREE daily email newsletter.