Southern First Bancshares (NASDAQ:SFST) Gets Lower Rating By Sandler O’Neill.

June 27, 2018 - By Sarah North

Southern First Bancshares, Inc. (NASDAQ:SFST) Corporate Logo

Big Money Sentiment decreased to 1.17 in Q1 2018. It has change of 0.48, from 2017Q4’s 1.65. The ratio turned negative due to Southern First Bancshares, Inc. positioning: 3 sold and 21 reduced. 5 funds took holdings and 23 increased holdings. Investors holded 4.88 million in 2017Q4 but now own 4.95 million shares or 1.31% more.

Metropolitan Life New York accumulated 2,428 shs or 0% of the stock. Northern Tru holds 0% of its capital in Southern First Bancshares, Inc. (NASDAQ:SFST) for 68,339 shs. Ejf Ltd Company owns 200,000 shs for 0.72% of their capital. Elizabeth Park Advsrs Limited reported 2.44% stake. 1,200 were accumulated by Stratos Wealth Partners Ltd. Price T Rowe Associates Md accumulated 539,854 shs. Globeflex Capital Ltd Partnership holds 0.08% or 8,100 shs in its capital. Meeder Asset Management holds 393 shs or 0% of its capital. Citigroup accumulated 1,404 shs. Dimensional Fund Advisors Limited Partnership stated it has 196,195 shs or 0% of all its holdings. State Common Retirement Fund holds 0% or 8,592 shs in its capital. Ameritas Inv Prns has invested 0% in Southern First Bancshares, Inc. (NASDAQ:SFST). Banc Funds accumulated 517,480 shs. Castine Cap Mngmt Ltd Liability invested 2.83% in Southern First Bancshares, Inc. (NASDAQ:SFST). Manufacturers Life Insurance The has invested 0.02% in Southern First Bancshares, Inc. (NASDAQ:SFST).

Southern First Bancshares, Inc. registered $1.31 million net activity with 0 insider buys and 12 insider sales since January 26, 2018. On Wednesday, May 9 a trade for 9,983 shs valued at $468,194 was made by SEAVER R ARTHUR JR. Shares for $849 were sold by CUBBAGE LEIGHTON M. On Tuesday, May 1 a trade for 1,098 shs valued at $50,184 was made by ELLEFSON ANNE S. On Friday, April 27 Shares for $20,418 were sold by Strickland F Justin.

Sandler O’Neill Downgraded Southern First Bancshares (NASDAQ:SFST)’s Rating to “Hold”.

On 26 June Sandler O’Neill changed the $334.76M market cap company’s rating. research analysts has lowered it to “Hold” from “Buy”.

SFST hit $45.35 during the last trading session after $0.75 change.Southern First Bancshares, Inc. has volume of 7,306 shares. Since June 27, 2017 SFST has risen 34.76% and is uptrending. SFST outperformed the S&P500 by 22.19%.

Southern First Bancshares, Inc. (NASDAQ:SFST)’s quarterly earnings will be reported on July, 24., RTT reports. Analysts predict 36.73 % diference or $0.67 from the $0.49 EPS from 2017. This could reach $4.95M profit for SFST assuming the current $0.67 earnings per share will become reality. Wall Street predicts 0.00 % EPS growth as of July, 24.

Southern First Bancshares, Inc. operates as the bank holding firm for Southern First Bank that provides various banking services and products to general public in South Carolina, North Carolina, and Georgia.The company has $334.76 million market cap. It accepts various deposit products that include checking accounts, commercial checking accounts, savings accounts, and other time deposits, including daily money market accounts and certificates of deposit.The P/E ratio is 25.77. The company's loan portfolio comprises commercial real estate loans; construction real estate loans; commercial business loans for various lines of businesses, such as the manufacturing, service industry, and professional service areas; consumer real estate and home equity loans; and other consumer loans, including secured and unsecured installment loans and revolving lines of credit.

There’s a significant Southern First Bancshares, Inc. (NASDAQ:SFST) news published by Nasdaq.com. It’s an item titled: “Research Report Identifies Corbus Pharmaceuticals, Retrophin, Charter Financial, HighPoint Resources, Southern …” on June 06, 2018.

Southern First Bancshares, Inc. (NASDAQ:SFST) Institutional Investors Chart

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