On Jun 27, 2018 Southern First Bancshares (NASDAQ:SFST) Was Downgraded To Hold From Buy.

June 27, 2018 - By Joe Cepeda

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

During 2018 Q1 the big money sentiment decreased to 1.17. That’s change of 0.48, from 2017Q4’s 1.65. 3 investors sold all, 21 reduced holdings as Southern First Bancshares, Inc. ratio dropped. 23 rose stakes while 5 funds took stakes. Funds hold 4.95 million shares thus 1.31% more from 2017Q4’s 4.88 million shares.

Voya Invest Mgmt Ltd Com owns 4,967 shs or 0% of their US capital. Brown Brothers Harriman Com holds 0% or 1,108 shs. Teton Incorporated reported 0.23% in Southern First Bancshares, Inc. (NASDAQ:SFST). 1,329 were reported by Jpmorgan Chase. Moreover, Panagora Asset has 0% invested in Southern First Bancshares, Inc. (NASDAQ:SFST) for 7,904 shs. 517,480 are held by Banc Funds Limited Liability Co. Ejf Capital Lc has invested 0.72% in Southern First Bancshares, Inc. (NASDAQ:SFST). Emerald Mutual Fund Advisers Tru has invested 0.12% of its capital in Southern First Bancshares, Inc. (NASDAQ:SFST). Manufacturers Life The has invested 0.02% in Southern First Bancshares, Inc. (NASDAQ:SFST). Elizabeth Park Cap Advsr Limited accumulated 192,004 shs. Raymond James And Associates has invested 0.01% in Southern First Bancshares, Inc. (NASDAQ:SFST). Morgan Stanley has 0% invested in Southern First Bancshares, Inc. (NASDAQ:SFST). California Employees Retirement Sys owns 0% invested in Southern First Bancshares, Inc. (NASDAQ:SFST) for 10,390 shs. Eam Investors Limited Liability has invested 0.11% in Southern First Bancshares, Inc. (NASDAQ:SFST). Castine Cap Management Limited Company holds 2.83% of its capital in Southern First Bancshares, Inc. (NASDAQ:SFST) for 195,910 shs.

Southern First Bancshares, Inc. had 12 selling transactions and 0 insider purchases since January 26, 2018. This’s net activity of $1.31 million. On Wednesday, May 9 a trade for 9,983 shs valued at $468,194 was made by SEAVER R ARTHUR JR. Strickland F Justin sold 441 shs worth $20,418. 402 shs valued at $18,505 were sold by ELLEFSON ANNE S on Monday, April 30. On Tuesday, May 8 a trade for 18 shs valued at $849 was made by CUBBAGE LEIGHTON M.

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

SFST’s old rating was Buy. Sandler O’Neill downgraded it to Hold. It was all made public in analysts report 26 June.

SFST touched $45.35 during the last trading session after $0.75 change.Currently Southern First Bancshares, Inc. is uptrending after 34.76% change in last June 27, 2017. SFST has also 7,306 shares volume. SFST outperformed by 22.19% the S&P 500.

Southern First Bancshares, Inc. (NASDAQ:SFST)’s earnings report is anticipated on July, 24., Faxor reports. This year’s earnings per share analyst estimate is anticipated to be $0.67. That is 36.73 % up compareed to $0.49 earnings per share for last year. If SFST’s EPS is $0.67 the profit will hit $4.95 million for 16.92 P/E. Wall Street now forecasts 0.00 % EPS growth despite Southern First Bancshares, Inc. last quarter’s EPS of $0.67.

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 firm is valued at $334.76 million. 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 announced by Nasdaq.com. It’s a report 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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