Dimensional Fund Advisors LP Buys 10,854 Shares of Southern First Bancshares, Inc. (NASDAQ:SFST)

Dimensional Fund Advisors LP increased its position in shares of Southern First Bancshares, Inc. (NASDAQ:SFST - Free Report) by 3.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 350,875 shares of the bank's stock after buying an additional 10,854 shares during the period. Dimensional Fund Advisors LP owned 4.30% of Southern First Bancshares worth $13,947,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC raised its stake in Southern First Bancshares by 35.8% during the fourth quarter. SG Americas Securities LLC now owns 4,041 shares of the bank's stock worth $161,000 after buying an additional 1,065 shares during the last quarter. Colonial Trust Advisors raised its stake in Southern First Bancshares by 18.1% during the fourth quarter. Colonial Trust Advisors now owns 5,725 shares of the bank's stock worth $228,000 after buying an additional 877 shares during the last quarter. Wells Fargo & Company MN raised its stake in Southern First Bancshares by 15.1% during the fourth quarter. Wells Fargo & Company MN now owns 7,506 shares of the bank's stock worth $298,000 after buying an additional 986 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Southern First Bancshares by 136.9% during the third quarter. JPMorgan Chase & Co. now owns 14,518 shares of the bank's stock worth $495,000 after buying an additional 8,390 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in Southern First Bancshares by 7.0% during the fourth quarter. Rhumbline Advisers now owns 12,506 shares of the bank's stock worth $497,000 after buying an additional 813 shares during the last quarter. Institutional investors own 75.00% of the company's stock.

Southern First Bancshares Stock Up 1.5%

SFST traded up $0.55 during midday trading on Monday, hitting $36.43. The company had a trading volume of 14,401 shares, compared to its average volume of 18,211. Southern First Bancshares, Inc. has a 52 week low of $25.81 and a 52 week high of $45.91. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $297.60 million, a price-to-earnings ratio of 18.97 and a beta of 0.77. The stock's 50 day moving average price is $33.18 and its 200 day moving average price is $36.97.

Southern First Bancshares (NASDAQ:SFST - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The bank reported $0.65 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $26.56 million. On average, research analysts anticipate that Southern First Bancshares, Inc. will post 1.85 earnings per share 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.