First Community Co. (NASDAQ:FCCO) Director Richard K. Bogan sold 3,000 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $21.60, for a total value of $64,800.00. Following the completion of the transaction, the director now owns 3,709 shares in the company, valued at approximately $80,114.40. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
First Community stock opened at $22.00 on Friday. The firm has a market capitalization of $167.02, a PE ratio of 20.75 and a beta of 0.76. First Community Co. has a twelve month low of $18.50 and a twelve month high of $24.87. The company has a quick ratio of 0.74, a current ratio of 0.75 and a debt-to-equity ratio of 0.28.
First Community (NASDAQ:FCCO) last issued its earnings results on Wednesday, January 17th. The bank reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The business had revenue of $10.65 million during the quarter, compared to analyst estimates of $10.69 million. First Community had a net margin of 13.91% and a return on equity of 8.23%. sell-side analysts forecast that First Community Co. will post 1.38 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently modified their holdings of the company. Millennium Management LLC acquired a new position in shares of First Community in the 4th quarter valued at about $245,000. Deutsche Bank AG grew its stake in shares of First Community by 44.8% in the 4th quarter. Deutsche Bank AG now owns 10,825 shares of the bank’s stock valued at $244,000 after buying an additional 3,350 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of First Community in the 4th quarter valued at approximately $348,000. Bank of New York Mellon Corp bought a new stake in shares of First Community in the 4th quarter valued at approximately $240,000. Finally, Wells Fargo & Company MN grew its stake in shares of First Community by 528.5% in the 4th quarter. Wells Fargo & Company MN now owns 13,809 shares of the bank’s stock valued at $313,000 after buying an additional 11,612 shares in the last quarter. Institutional investors own 41.14% of the company’s stock.
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First Community 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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