Jane Street Group LLC Sells 18,353 Shares of First Community Co. (NASDAQ:FCCO)

Jane Street Group LLC lowered its holdings in First Community Co. (NASDAQ:FCCO) by 47.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,147 shares of the bank’s stock after selling 18,353 shares during the quarter. Jane Street Group LLC’s holdings in First Community were worth $432,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Fourthstone LLC lifted its position in First Community by 28.9% during the 3rd quarter. Fourthstone LLC now owns 400,225 shares of the bank’s stock worth $8,581,000 after buying an additional 89,652 shares in the last quarter. Strategic Value Bank Partners LLC raised its stake in shares of First Community by 0.3% in the second quarter. Strategic Value Bank Partners LLC now owns 291,998 shares of the bank’s stock worth $5,037,000 after acquiring an additional 975 shares during the last quarter. Independent Advisor Alliance lifted its position in shares of First Community by 0.7% during the third quarter. Independent Advisor Alliance now owns 105,945 shares of the bank’s stock worth $2,271,000 after purchasing an additional 690 shares in the last quarter. State Street Corp grew its stake in shares of First Community by 5.6% during the third quarter. State Street Corp now owns 22,795 shares of the bank’s stock valued at $489,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Acadian Asset Management LLC increased its holdings in shares of First Community by 22.1% in the second quarter. Acadian Asset Management LLC now owns 19,474 shares of the bank’s stock valued at $335,000 after purchasing an additional 3,525 shares in the last quarter. Institutional investors own 61.25% of the company’s stock.

First Community Stock Down 1.2 %

NASDAQ:FCCO opened at $23.32 on Wednesday. The company has a market cap of $178.16 million, a price-to-earnings ratio of 13.80 and a beta of 0.40. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.79 and a current ratio of 0.79. The stock’s fifty day moving average price is $24.74 and its two-hundred day moving average price is $22.12. First Community Co. has a 52-week low of $15.40 and a 52-week high of $26.48.

First Community (NASDAQ:FCCO) last posted its quarterly earnings results on Wednesday, October 16th. The bank reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. The business had revenue of $26.73 million for the quarter, compared to analysts’ expectations of $16.65 million. First Community had a return on equity of 9.57% and a net margin of 12.99%. During the same quarter last year, the business earned $0.23 earnings per share. On average, analysts anticipate that First Community Co. will post 1.76 EPS for the current year.

First Community Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Tuesday, October 29th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.57%. The ex-dividend date was Tuesday, October 29th. First Community’s dividend payout ratio is 35.50%.

About First Community

First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.