Wagner Wealth Management LLC Has $221,000 Holdings in Southern First Bancshares, Inc. (NASDAQ:SFST)

Wagner Wealth Management LLC decreased its holdings in shares of Southern First Bancshares, Inc. (NASDAQ:SFST) by 50.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,556 shares of the bank’s stock after selling 5,690 shares during the period. Wagner Wealth Management LLC’s holdings in Southern First Bancshares were worth $221,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. BNP Paribas Financial Markets boosted its stake in Southern First Bancshares by 37.9% in the third 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 during the last quarter. SG Americas Securities LLC bought a new position in shares of Southern First Bancshares in the 3rd quarter worth $101,000. Princeton Capital Management LLC acquired a new stake in shares of Southern First Bancshares during the third quarter worth $204,000. Foster Victor Wealth Advisors LLC increased its holdings in Southern First Bancshares by 3.1% in the third quarter. Foster Victor Wealth Advisors LLC now owns 10,295 shares of the bank’s stock valued at $351,000 after purchasing an additional 312 shares during the last quarter. Finally, De Lisle Partners LLP increased its holdings in Southern First Bancshares by 15.6% in the third quarter. De Lisle Partners LLP now owns 12,591 shares of the bank’s stock valued at $431,000 after purchasing an additional 1,700 shares during the last quarter. 75.00% of the stock is owned by institutional investors.

Southern First Bancshares Price Performance

Shares of SFST opened at $36.61 on Monday. The stock has a market cap of $298.74 million, a P/E ratio of 19.07 and a beta of 0.83. Southern First Bancshares, Inc. has a 1 year low of $24.98 and a 1 year high of $45.90. The stock’s 50-day moving average price is $38.92 and its two-hundred day moving average price is $36.83. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.81.

Southern First Bancshares (NASDAQ:SFST) last issued 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, equities analysts predict that Southern First Bancshares, Inc. will post 1.85 earnings per share for the current year.

Insider Activity at Southern First Bancshares

In related news, CAO Julie Ann Fairchild sold 1,000 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $45.23, for a total transaction of $45,230.00. Following the completion of the sale, the chief accounting officer now directly owns 5,840 shares of the company’s stock, valued at approximately $264,143.20. This represents a 14.62 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 7.62% of the stock is owned by corporate insiders.

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.