American Century Companies Inc. Increases Stock Holdings in Southern First Bancshares, Inc. (NASDAQ:SFST)

American Century Companies Inc. raised its position in Southern First Bancshares, Inc. (NASDAQ:SFST) by 18.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,559 shares of the bank’s stock after acquiring an additional 14,966 shares during the quarter. American Century Companies Inc.’s holdings in Southern First Bancshares were worth $3,878,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Koss Olinger Consulting LLC acquired a new stake in Southern First Bancshares during the fourth quarter valued at approximately $1,685,000. Rhumbline Advisers grew its position in shares of Southern First Bancshares by 7.0% during the 4th quarter. Rhumbline Advisers now owns 12,506 shares of the bank’s stock valued at $497,000 after buying an additional 813 shares during the last quarter. Empowered Funds LLC lifted 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 purchasing an additional 675 shares during the last quarter. 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 valued at $161,000 after acquiring an additional 1,065 shares during the period. Finally, Sheets Smith Wealth Management increased its stake in shares of Southern First Bancshares by 3.3% in the fourth quarter. Sheets Smith Wealth Management now owns 15,191 shares of the bank’s stock valued at $604,000 after purchasing an additional 490 shares during the period. Institutional investors and hedge funds own 75.00% of the company’s stock.

Southern First Bancshares Stock Down 0.2 %

Shares of Southern First Bancshares stock opened at $31.18 on Friday. The company has a market capitalization of $254.96 million, a P/E ratio of 16.24 and a beta of 0.73. 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 1-year low of $24.98 and a 1-year high of $45.91. The business’s fifty day moving average price is $34.44 and its two-hundred day moving average price is $37.25.

Southern First Bancshares (NASDAQ:SFST) last released its quarterly earnings results on Thursday, January 30th. The bank reported $0.70 EPS for the quarter, topping 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%. As a group, research analysts forecast that Southern First Bancshares, Inc. will post 1.85 EPS for the current 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.