A Reversal for First Community Bancshares, Inc. (FCBC) Is Not Near. The Stock Reaches 52-Week High Today

May 17, 2018 - By James Hentges

Investors sentiment increased to 1.72 in 2017 Q4. Its up 1.16, from 0.56 in 2017Q3. It improved, as 7 investors sold First Community Bancshares, Inc. shares while 18 reduced holdings. 15 funds opened positions while 28 raised stakes. 6.76 million shares or 0.88% more from 6.71 million shares in 2017Q3 were reported.
Schwab Charles Mngmt Inc holds 0% or 100,419 shares in its portfolio. Manufacturers Life Insurance Company The has invested 0% in First Community Bancshares, Inc. (NASDAQ:FCBC). Qs Invsts Lc has invested 0% in First Community Bancshares, Inc. (NASDAQ:FCBC). Sei invested 0% of its portfolio in First Community Bancshares, Inc. (NASDAQ:FCBC). Tiaa Cref Inv Mgmt Ltd Liability Co holds 0% or 42,134 shares in its portfolio. Group owns 11,192 shares. Menta Cap Ltd Limited Liability Company stated it has 22,969 shares or 0.13% of all its holdings. Janney Montgomery Scott Limited Company reported 11,050 shares. Stone Ridge Asset Management Limited Liability Company reported 7,566 shares. Moreover, Smith Asset Management Group Incorporated L P has 0.01% invested in First Community Bancshares, Inc. (NASDAQ:FCBC) for 12,478 shares. Chicago Equity Prtnrs Ltd Llc reported 14,470 shares stake. Tower Capital Limited Liability Company (Trc) stated it has 0.01% of its portfolio in First Community Bancshares, Inc. (NASDAQ:FCBC). Advisory Services Net Llc owns 272 shares for 0% of their portfolio. Fmr Ltd Liability Corporation has invested 0% in First Community Bancshares, Inc. (NASDAQ:FCBC). Moreover, Strs Ohio has 0% invested in First Community Bancshares, Inc. (NASDAQ:FCBC).

Since February 12, 2018, it had 3 buys, and 1 sale for $11,798 activity. On Monday, February 12 the insider Brown David D bought $6,625.

The stock of First Community Bancshares, Inc. (NASDAQ:FCBC) hit a new 52-week high and has $36.52 target or 9.00 % above today’s $33.50 share price. The 5 months bullish chart indicates low risk for the $561.81 million company. The 1-year high was reported on May, 17 by Barchart.com. If the $36.52 price target is reached, the company will be worth $50.56M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 1.12% or $0.38 during the last trading session, reaching $33.5. About 26,538 shares traded. First Community Bancshares, Inc. (NASDAQ:FCBC) has risen 25.54% since May 17, 2017 and is uptrending. It has outperformed by 13.99% the S&P500.

First Community Bancshares, Inc. operates as the holding firm for First Community Bank that provides various commercial banking services and products. The company has market cap of $561.81 million. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement arrangements; commercial, consumer, and real estate mortgage loans, as well as lines of credit; various credit and debit cards, and automated teller machine card services; and corporate and personal trust services. It has a 26.59 P/E ratio. The firm also provides wealth management services, including trust management, estate administration, and investment advisory services; investment management services; and life, health, and property and casualty insurance products.

First Community Bancshares, Inc. (NASDAQ:FCBC) Institutional Positions Chart

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