First Community Co. (NASDAQ:FCCO) has received a consensus broker rating score of 1.67 (Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and two have given a strong buy recommendation to the company.

Brokerages have set a 12 month consensus price target of $25.00 for the company and are predicting that the company will post $0.29 EPS for the current quarter, according to Zacks. Zacks has also given First Community an industry rank of 7 out of 265 based on the ratings given to related companies.

Several analysts recently weighed in on the company. ValuEngine lowered First Community from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Zacks Investment Research raised First Community from a “sell” rating to a “hold” rating in a research note on Friday, October 20th.

Several hedge funds have recently made changes to their positions in the company. Independent Advisor Alliance acquired a new stake in shares of First Community during the third quarter valued at about $904,000. Janus Henderson Group PLC boosted its stake in shares of First Community by 136.9% during the third quarter. Janus Henderson Group PLC now owns 128,725 shares of the bank’s stock valued at $2,632,000 after purchasing an additional 74,397 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of First Community by 2.1% during the second quarter. The Manufacturers Life Insurance Company now owns 390,962 shares of the bank’s stock valued at $8,210,000 after purchasing an additional 7,919 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of First Community by 2.1% during the second quarter. Stifel Financial Corp now owns 19,312 shares of the bank’s stock valued at $406,000 after purchasing an additional 406 shares in the last quarter. 47.87% of the stock is currently owned by hedge funds and other institutional investors.

Shares of First Community (NASDAQ:FCCO) opened at $22.60 on Tuesday. The firm has a market capitalization of $151.57, a PE ratio of 21.73 and a beta of 0.87. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.76 and a quick ratio of 0.75. First Community has a 12 month low of $18.05 and a 12 month high of $24.87.

First Community (NASDAQ:FCCO) last released its quarterly earnings data on Wednesday, October 18th. The bank reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). The business had revenue of $9.65 million during the quarter, compared to analyst estimates of $9.79 million. First Community had a net margin of 17.69% and a return on equity of 8.44%. equities analysts predict that First Community will post 1.08 EPS for the current fiscal year.

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About First Community

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.

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