First Community Corp. (NASDAQ:FCCO) has been given a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company.
Analysts have set a 1 year consensus target price of $16.50 for the company and are predicting that the company will post $0.25 EPS for the current quarter, according to Zacks. Zacks has also given First Community Corp. an industry rank of 155 out of 265 based on the ratings given to its competitors.
In other First Community Corp. news, Director George H. Fann, Jr. bought 2,600 shares of the company’s stock in a transaction on Thursday, September 22nd. The stock was acquired at an average price of $14.90 per share, for a total transaction of $38,740.00. Following the completion of the transaction, the director now directly owns 78,988 shares of the company’s stock, valued at $1,176,921.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 8.60% of the company’s stock.
Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. bought a new stake in First Community Corp. during the second quarter valued at $1,140,000. RMB Capital Management LLC increased its stake in First Community Corp. by 6.7% in the second quarter. RMB Capital Management LLC now owns 202,870 shares of the company’s stock valued at $2,838,000 after buying an additional 12,740 shares in the last quarter. Asset Advisors Corp increased its stake in First Community Corp. by 0.9% in the second quarter. Asset Advisors Corp now owns 47,608 shares of the company’s stock valued at $666,000 after buying an additional 427 shares in the last quarter. Pinnacle Holdings LLC increased its stake in First Community Corp. by 6.1% in the first quarter. Pinnacle Holdings LLC now owns 65,905 shares of the company’s stock valued at $950,000 after buying an additional 3,800 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in First Community Corp. by 1.0% in the first quarter. Wellington Management Group LLP now owns 586,065 shares of the company’s stock valued at $8,451,000 after buying an additional 5,574 shares in the last quarter. 43.10% of the stock is owned by hedge funds and other institutional investors.
Shares of First Community Corp. (NASDAQ:FCCO) opened at 15.50 on Tuesday. First Community Corp. has a 52 week low of $12.16 and a 52 week high of $15.75. The firm’s 50-day moving average price is $15.28 and its 200 day moving average price is $14.70. The stock has a market capitalization of $103.83 million, a P/E ratio of 16.32 and a beta of 0.78.
First Community Corp. (NASDAQ:FCCO) last announced its earnings results on Wednesday, July 20th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.02. First Community Corp. had a return on equity of 8.03% and a net margin of 17.23%. Analysts expect that First Community Corp. will post $0.99 earnings per share for the current year.
First Community Corp. 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.
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