Southern First Bancshares Inc (NASDAQ:SFST) Move as Institutional Investors’ Sentiment Up

September 16, 2018 - By Catherine Diaz

Southern First Bancshares, Inc. (NASDAQ:SFST) Logo

Sentiment for Southern First Bancshares Inc (NASDAQ:SFST)

Southern First Bancshares Inc (NASDAQ:SFST) institutional sentiment increased to 1.57 in Q2 2018. Its up 0.40, from 1.17 in 2018Q1. The ratio is positive, as 36 funds opened new or increased equity positions, while 23 reduced and sold their stakes in Southern First Bancshares Inc. The funds in our partner’s database now possess: 4.86 million shares, down from 4.95 million shares in 2018Q1. Also, the number of funds holding Southern First Bancshares Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 19 Increased: 28 New Position: 8.

Southern First Bancshares, Inc. operates as the holding firm for Southern First Bank that provides various banking services and products to general public in South Carolina. The company has market cap of $310.39 million. It accepts various deposit products that include checking accounts, commercial checking accounts, savings accounts, and other time deposits. It has a 18.94 P/E ratio. The companyÂ’s loan portfolio comprises commercial real estate loans; construction real estate loans; commercial business loans for various lines of businesses, such as the manufacturing, service industry, and professional service areas; consumer real estate and home equity loans; and other consumer loans, including secured and unsecured installment loans and revolving lines of credit.

The stock increased 0.36% or $0.15 during the last trading session, reaching $41.8. About 22,186 shares traded or 48.16% up from the average. Southern First Bancshares, Inc. (NASDAQ:SFST) has risen 18.48% since September 16, 2017 and is uptrending. It has outperformed by 2.86% the S&P500.

Castine Capital Management Llc holds 2.46% of its portfolio in Southern First Bancshares, Inc. for 179,208 shares. Elizabeth Park Capital Advisors Ltd. owns 197,004 shares or 2.37% of their US portfolio. Moreover, Banc Funds Co Llc has 1.17% invested in the company for 513,837 shares. The New York-based Mendon Capital Advisors Corp has invested 1.07% in the stock. Ejf Capital Llc, a Virginia-based fund reported 100,000 shares.

Since January 1, 0001, it had 0 insider buys, and 9 selling transactions for $1.06 million activity.

Another recent and important Southern First Bancshares, Inc. (NASDAQ:SFST) news was published by Nasdaq.com which published an article titled: “Investor Expectations to Drive Momentum within Materialise NV, Southern First Bancshares, Ensco plc, Corbus …” on August 21, 2018.

Southern First Bancshares, Inc. (NASDAQ:SFST) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.