Southern First Bancshares, Inc. (NASDAQ:SFST) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of Southern First Bancshares, Inc. (NASDAQ:SFST) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 350,875 shares of the bank’s stock after buying an additional 10,854 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Southern First Bancshares were worth $13,947,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Southern First Bancshares by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 421,300 shares of the bank’s stock valued at $16,747,000 after acquiring an additional 1,249 shares in the last quarter. American Century Companies Inc. lifted its holdings in Southern First Bancshares by 18.1% in the 4th quarter. American Century Companies Inc. now owns 97,559 shares of the bank’s stock valued at $3,878,000 after purchasing an additional 14,966 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Southern First Bancshares by 21.4% during the 4th quarter. Wellington Management Group LLP now owns 65,440 shares of the bank’s stock worth $2,601,000 after purchasing an additional 11,537 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Southern First Bancshares by 43.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 44,643 shares of the bank’s stock worth $1,775,000 after purchasing an additional 13,503 shares during the last quarter. Finally, Koss Olinger Consulting LLC acquired a new position in shares of Southern First Bancshares in the fourth quarter valued at approximately $1,685,000. Hedge funds and other institutional investors own 75.00% of the company’s stock.

Southern First Bancshares Stock Up 1.2 %

Shares of NASDAQ SFST opened at $36.51 on Friday. The firm has a market cap of $298.23 million, a P/E ratio of 19.01 and a beta of 0.77. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.09 and a current ratio of 1.09. Southern First Bancshares, Inc. has a 1 year low of $25.81 and a 1 year high of $45.91. The firm’s 50 day moving average price is $33.13 and its 200 day moving average price is $37.00.

Southern First Bancshares (NASDAQ:SFST) last announced its quarterly earnings data on Tuesday, April 22nd. The bank reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.04. The business had revenue of $26.50 million during the quarter, compared to the consensus estimate of $26.56 million. Southern First Bancshares had a return on equity of 4.85% and a net margin of 7.28%. As a group, sell-side analysts anticipate that Southern First Bancshares, Inc. will post 1.85 earnings per share for the current year.

Southern First Bancshares Profile

Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit.