Southern First Bancshares, Inc. (NASDAQ:SFST) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors trimmed its stake in shares of Southern First Bancshares, Inc. (NASDAQ:SFST - Free Report) by 58.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,451 shares of the bank's stock after selling 42,583 shares during the quarter. Captrust Financial Advisors owned about 0.37% of Southern First Bancshares worth $1,210,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SFST. Barclays PLC raised its stake in shares of Southern First Bancshares by 47.2% during the 3rd quarter. Barclays PLC now owns 25,303 shares of the bank's stock worth $862,000 after buying an additional 8,111 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Southern First Bancshares by 136.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,518 shares of the bank's stock valued at $495,000 after buying an additional 8,390 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Southern First Bancshares by 43.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 44,643 shares of the bank's stock worth $1,775,000 after purchasing an additional 13,503 shares during the last quarter. Sheets Smith Wealth Management boosted its holdings in shares of Southern First Bancshares by 3.3% during the fourth quarter. Sheets Smith Wealth Management now owns 15,191 shares of the bank's stock worth $604,000 after purchasing an additional 490 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of 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 purchasing an additional 1,065 shares during the last quarter. 75.00% of the stock is owned by institutional investors and hedge funds.

Southern First Bancshares Price Performance

Shares of Southern First Bancshares stock opened at $36.59 on Thursday. Southern First Bancshares, Inc. has a twelve month low of $25.81 and a twelve month high of $45.91. The stock has a market capitalization of $298.90 million, a P/E ratio of 19.06 and a beta of 0.77. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.81. The business's fifty day moving average price is $33.30 and its 200 day moving average price is $36.96.

Southern First Bancshares (NASDAQ:SFST - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The bank reported $0.65 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $26.56 million. As a group, research analysts anticipate that Southern First Bancshares, Inc. will post 1.85 earnings per share for the current 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.

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