Koss Olinger Consulting LLC Purchases New Shares in Southern First Bancshares, Inc. (NASDAQ:SFST)

Koss Olinger Consulting LLC purchased a new stake in Southern First Bancshares, Inc. (NASDAQ:SFST) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 42,397 shares of the bank’s stock, valued at approximately $1,685,000. Koss Olinger Consulting LLC owned 0.52% of Southern First Bancshares at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Sheets Smith Wealth Management boosted its stake in Southern First Bancshares by 3.3% in the 4th 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. BNP Paribas Financial Markets raised its holdings 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 acquiring an additional 568 shares in the last quarter. Empowered Funds LLC raised its holdings in Southern First Bancshares by 4.9% in the 3rd quarter. Empowered Funds LLC now owns 14,430 shares of the bank’s stock valued at $492,000 after acquiring an additional 670 shares in the last quarter. Rhumbline Advisers raised its holdings in Southern First Bancshares by 7.0% in the 4th quarter. Rhumbline Advisers now owns 12,506 shares of the bank’s stock valued at $497,000 after acquiring an additional 813 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Southern First Bancshares by 35.8% in the 4th 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 in the last quarter. 75.00% of the stock is currently owned by institutional investors.

Southern First Bancshares Price Performance

Shares of NASDAQ SFST opened at $33.31 on Wednesday. The stock has a market capitalization of $272.38 million, a PE ratio of 17.35 and a beta of 0.87. 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 business has a fifty day moving average price of $35.22 and a two-hundred day moving average price of $37.20. Southern First Bancshares, Inc. has a fifty-two week low of $24.98 and a fifty-two week high of $45.91.

Southern First Bancshares (NASDAQ:SFST) last announced its quarterly earnings data on Thursday, January 30th. The bank reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.29. Southern First Bancshares had a return on equity of 4.85% and a net margin of 7.28%. As a group, equities analysts predict 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.