Koss Olinger Consulting LLC Invests $1.69 Million in Southern First Bancshares, Inc. (NASDAQ:SFST)

Koss Olinger Consulting LLC purchased a new position in shares of Southern First Bancshares, Inc. (NASDAQ:SFST) in the fourth quarter, Holdings Channel.com reports. The fund purchased 42,397 shares of the bank’s stock, valued at approximately $1,685,000.

Other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets raised its holdings in shares of Southern First Bancshares by 37.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,066 shares of the bank’s stock worth $70,000 after buying an additional 568 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Southern First Bancshares by 35.8% during the 4th quarter. SG Americas Securities LLC now owns 4,041 shares of the bank’s stock worth $161,000 after buying an additional 1,065 shares in the last quarter. Princeton Capital Management LLC acquired a new position in Southern First Bancshares in the 3rd quarter worth about $204,000. De Lisle Partners LLP increased its holdings in Southern First Bancshares by 15.6% in the 3rd quarter. De Lisle Partners LLP now owns 12,591 shares of the bank’s stock worth $431,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Empowered Funds LLC increased 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 worth $492,000 after purchasing an additional 670 shares in the last quarter. Institutional investors and hedge funds own 75.00% of the company’s stock.

Southern First Bancshares Price Performance

Shares of SFST opened at $33.31 on Wednesday. Southern First Bancshares, Inc. has a 12-month low of $24.98 and a 12-month high of $45.91. The business has a 50-day simple moving average of $35.22 and a two-hundred day simple moving average of $37.20. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.81. The stock has a market cap of $272.38 million, a PE ratio of 17.35 and a beta of 0.87.

Southern First Bancshares (NASDAQ:SFST) last issued its earnings results on Thursday, January 30th. The bank reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.29. Southern First Bancshares had a return on equity of 4.85% and a net margin of 7.28%. Analysts anticipate that Southern First Bancshares, Inc. will post 1.85 earnings per share for the current fiscal year.

About Southern First Bancshares

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.