Wellington Management Group LLP Has $2.60 Million Stake in Southern First Bancshares, Inc. (NASDAQ:SFST)

Wellington Management Group LLP increased its stake in shares of Southern First Bancshares, Inc. (NASDAQ:SFST - Free Report) by 21.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,440 shares of the bank's stock after purchasing an additional 11,537 shares during the quarter. Wellington Management Group LLP owned about 0.80% of Southern First Bancshares worth $2,601,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets boosted its position in Southern First Bancshares by 37.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,066 shares of the bank's stock valued at $70,000 after buying an additional 568 shares during the last quarter. State Street Corp lifted its stake in shares of Southern First Bancshares by 1.1% during the third quarter. State Street Corp now owns 156,538 shares of the bank's stock valued at $5,335,000 after acquiring an additional 1,645 shares during the period. Barclays PLC boosted its holdings in Southern First Bancshares by 47.2% in the third quarter. Barclays PLC now owns 25,303 shares of the bank's stock valued at $862,000 after acquiring an additional 8,111 shares during the last quarter. Geode Capital Management LLC increased its position in Southern First Bancshares by 1.9% in the third quarter. Geode Capital Management LLC now owns 171,207 shares of the bank's stock worth $5,835,000 after purchasing an additional 3,154 shares during the period. Finally, JPMorgan Chase & Co. raised 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 worth $495,000 after purchasing an additional 8,390 shares during the last quarter. Institutional investors and hedge funds own 75.00% of the company's stock.

Southern First Bancshares Trading Up 2.3 %

Shares of NASDAQ SFST traded up $0.70 during mid-day trading on Friday, hitting $31.72. The company's stock had a trading volume of 10,295 shares, compared to its average volume of 18,213. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market cap of $259.12 million, a price-to-earnings ratio of 16.52 and a beta of 0.73. The company's fifty day simple moving average is $33.07 and its 200-day simple moving average is $37.02. Southern First Bancshares, Inc. has a one year low of $24.98 and a one year high of $45.91.

Southern First Bancshares (NASDAQ:SFST - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The bank reported $0.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.29. Southern First Bancshares had a net margin of 7.28% and a return on equity of 4.85%. On average, sell-side 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.