Foster Victor Wealth Advisors LLC Sells 639 Shares of Southern First Bancshares, Inc. (NASDAQ:SFST)

Foster Victor Wealth Advisors LLC reduced its position in Southern First Bancshares, Inc. (NASDAQ:SFST) by 6.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 9,656 shares of the bank’s stock after selling 639 shares during the period. Foster Victor Wealth Advisors LLC owned 0.12% of Southern First Bancshares worth $357,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its stake 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 worth $70,000 after purchasing an additional 568 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Southern First Bancshares in the third quarter worth about $101,000. Princeton Capital Management LLC bought a new position in shares of Southern First Bancshares in the third quarter valued at approximately $204,000. De Lisle Partners LLP grew its stake in Southern First Bancshares by 15.6% during the third quarter. De Lisle Partners LLP now owns 12,591 shares of the bank’s stock valued at $431,000 after acquiring an additional 1,700 shares in the last quarter. Finally, Empowered Funds LLC increased its holdings in Southern First Bancshares by 4.9% during the 3rd quarter. Empowered Funds LLC now owns 14,430 shares of the bank’s stock worth $492,000 after acquiring an additional 670 shares during the period. 75.00% of the stock is owned by hedge funds and other institutional investors.

Southern First Bancshares Stock Up 1.9 %

Shares of NASDAQ:SFST opened at $38.50 on Thursday. The company has a market cap of $314.16 million, a price-to-earnings ratio of 22.25 and a beta of 0.85. Southern First Bancshares, Inc. has a one year low of $24.98 and a one year high of $45.90. The firm has a fifty day moving average price of $39.97 and a two-hundred day moving average price of $36.71. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.09 and a quick ratio of 1.09.

Southern First Bancshares (NASDAQ:SFST) last announced its earnings results on Thursday, January 30th. The bank reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.29. Southern First Bancshares had a return on equity of 4.42% and a net margin of 6.67%. Analysts anticipate that Southern First Bancshares, Inc. will post 1.39 EPS for the current fiscal year.

Insider Activity at Southern First Bancshares

In other Southern First Bancshares news, CAO Julie Ann Fairchild sold 1,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $45.23, for a total transaction of $45,230.00. Following the sale, the chief accounting officer now owns 5,840 shares in the company, valued at $264,143.20. This trade represents a 14.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.62% of the stock is currently owned by insiders.

Southern First Bancshares Company 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.