Anti-First Community Corp Institutional Investors Sentiment Runs Low in 2019 Q2

Sentiment for First Community Corp (NASDAQ:FCCO)

First Community Corp (NASDAQ:FCCO) institutional sentiment decreased to 0.96 in Q2 2019. Its down -0.96, from 1.92 in 2019Q1. The ratio turned negative, as 23 investment professionals started new or increased positions, while 24 decreased and sold positions in First Community Corp. The investment professionals in our partner’s database now hold: 3.11 million shares, down from 3.61 million shares in 2019Q1. Also, the number of investment professionals holding First Community Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 12 Increased: 16 New Position: 7.

First Community Corporation operates as the bank holding firm for First Community Bank which offers various commercial and retail banking services and products to small-to-medium sized businesses, professional concerns, and individuals. The company has market cap of $141.12 million. The firm operates through four divisions: Commercial and Retail Banking, Mortgage Banking, Investment Advisory and Non-Deposit, and Corporate. It has a 13.53 P/E ratio. The Company’s deposit products include demand deposit accounts, checking accounts, NOW accounts, and savings accounts, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposits.

The stock increased 0.37% or $0.07 during the last trading session, reaching $19.08. About 9,083 shares traded or 4.32% up from the average. First Community Corporation (NASDAQ:FCCO) has declined 22.32% since October 12, 2018 and is downtrending. It has underperformed by 22.32% the S&P500.

Analysts await First Community Corporation (NASDAQ:FCCO) to report earnings on October, 16. They expect $0.35 EPS, down 5.41 % or $0.02 from last year’s $0.37 per share. FCCO’s profit will be $2.59 million for 13.63 P/E if the $0.35 EPS becomes a reality. After $0.37 actual EPS reported by First Community Corporation for the previous quarter, Wall Street now forecasts -5.41 % negative EPS growth.

Elizabeth Park Capital Advisors Ltd. holds 2.38% of its portfolio in First Community Corporation for 313,782 shares. Jacobs Asset Management Llc owns 179,029 shares or 0.61% of their US portfolio. Moreover, Cutler Capital Management Llc has 0.29% invested in the company for 38,348 shares. The New York-based Maltese Capital Management Llc has invested 0.21% in the stock. Penn Capital Management Co Inc, a Pennsylvania-based fund reported 92,096 shares.

Since January 1, 0001, it had 1 insider buy, and 0 insider sales for $14,792 activity.

More notable recent First Community Corporation (NASDAQ:FCCO) news were published by: Finance.Yahoo.com which released: “IBM (IBM) Gains As Market Dips: What You Should Know – Yahoo Finance” on June 24, 2019, also Streetinsider.com with their article: “First Community Corp. (FCCO) to Acquire Cornerstone Bancorp in $25.8M Stock Deal – StreetInsider.com” published on April 12, 2017, Finance.Yahoo.com published: “4 Columbia Mutual Funds to Buy Today – Yahoo Finance” on June 04, 2019. More interesting news about First Community Corporation (NASDAQ:FCCO) were released by: Finance.Yahoo.com and their article: “Could First Community Corporation’s (NASDAQ:FCCO) Investor Composition Influence The Stock Price? – Yahoo Finance” published on September 06, 2019 as well as Finance.Yahoo.com‘s news article titled: “Camden (CPT) Upgraded to Buy: Here’s What You Should Know – Yahoo Finance” with publication date: August 23, 2019.

First Community Corporation (NASDAQ:FCCO) Institutional Positions Chart

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