Do Institutional Investors Love Southern First Bancshares Inc (NASDAQ:SFST)?

September 16, 2018 - By Eula Gilbert

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 2018 Q2. Its up 0.40, from 1.17 in 2018Q1. The ratio has improved, as 36 active investment managers started new or increased stock positions, while 23 sold and trimmed stakes in Southern First Bancshares Inc. The active investment managers in our partner’s database now hold: 4.86 million shares, down from 4.95 million shares in 2018Q1. Also, the number of active investment managers holding Southern First Bancshares Inc in their top 10 stock 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 buys, and 9 sales 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

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