Deutsche Bank AG Takes Position in Southern First Bancshares, Inc. (NASDAQ:SFST)

Deutsche Bank AG bought a new stake in Southern First Bancshares, Inc. (NASDAQ:SFST - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,194 shares of the bank's stock, valued at approximately $286,000. Deutsche Bank AG owned approximately 0.09% of Southern First Bancshares as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Empowered Funds LLC boosted its holdings in shares of Southern First Bancshares by 4.7% in the 4th quarter. Empowered Funds LLC now owns 15,105 shares of the bank's stock worth $600,000 after buying an additional 675 shares during the last quarter. American Century Companies Inc. boosted 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 during the period. Koss Olinger Consulting LLC bought a new position in Southern First Bancshares in the 4th quarter worth about $1,685,000. Dimensional Fund Advisors LP boosted its position in shares of Southern First Bancshares by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 350,875 shares of the bank's stock valued at $13,947,000 after acquiring an additional 10,854 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Southern First Bancshares by 84.4% during the fourth quarter. JPMorgan Chase & Co. now owns 26,769 shares of the bank's stock worth $1,064,000 after purchasing an additional 12,251 shares in the last quarter. 75.00% of the stock is currently owned by institutional investors.

Insider Activity at Southern First Bancshares

In other Southern First Bancshares news, Director William Iv Maner purchased 700 shares of Southern First Bancshares stock in a transaction on Wednesday, May 14th. The shares were acquired at an average cost of $36.15 per share, for a total transaction of $25,305.00. Following the completion of the transaction, the director now directly owns 2,700 shares of the company's stock, valued at approximately $97,605. The trade was a 35.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 7.06% of the stock is owned by insiders.

Southern First Bancshares Price Performance

Shares of SFST stock traded up $0.65 during trading on Tuesday, hitting $35.74. The company had a trading volume of 8,406 shares, compared to its average volume of 18,370. The stock's 50-day moving average is $34.30 and its two-hundred day moving average is $36.52. The stock has a market capitalization of $291.96 million, a price-to-earnings ratio of 18.61 and a beta of 0.77. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.81. Southern First Bancshares, Inc. has a 52 week low of $25.81 and a 52 week high of $45.91.

Southern First Bancshares (NASDAQ:SFST - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The bank reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.04. Southern First Bancshares had a net margin of 7.28% and a return on equity of 4.85%. The firm had revenue of $26.50 million for the quarter, compared to analyst estimates of $26.56 million. As a group, analysts predict that Southern First Bancshares, Inc. will post 1.85 EPS for the current fiscal 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.