Dimensional Fund Advisors LP Has $13.95 Million Stock Holdings in Southern First Bancshares, Inc. (NASDAQ:SFST)

Dimensional Fund Advisors LP grew its holdings in Southern First Bancshares, Inc. (NASDAQ:SFST - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 350,875 shares of the bank's stock after purchasing an additional 10,854 shares during the quarter. Dimensional Fund Advisors LP owned about 4.30% of Southern First Bancshares worth $13,947,000 as of its most recent filing with the SEC.

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

Southern First Bancshares Price Performance

SFST traded down $0.58 on Wednesday, hitting $35.87. 5,993 shares of the stock were exchanged, compared to its average volume of 18,152. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.09 and a quick ratio of 1.09. Southern First Bancshares, Inc. has a 12 month low of $25.81 and a 12 month high of $45.91. The firm has a market capitalization of $293.02 million, a price-to-earnings ratio of 18.68 and a beta of 0.77. The business has a 50-day moving average of $33.30 and a two-hundred day moving average of $36.96.

Southern First Bancshares (NASDAQ:SFST - Get Free Report) last posted 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 return on equity of 4.85% and a net margin of 7.28%. The company had revenue of $26.50 million during the quarter, compared to analysts' expectations of $26.56 million. Sell-side analysts forecast that Southern First Bancshares, Inc. will post 1.85 EPS for the current fiscal year.

Southern First Bancshares Company 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.