Susquehanna International Group LLP Buys 306,390 Shares of The First Bancshares, Inc. (NASDAQ:FBMS)

Susquehanna International Group LLP raised its stake in The First Bancshares, Inc. (NASDAQ:FBMS) by 436.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 376,549 shares of the bank’s stock after buying an additional 306,390 shares during the quarter. Susquehanna International Group LLP owned about 1.21% of First Bancshares worth $13,179,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Hsbc Holdings PLC grew its position in First Bancshares by 12.1% in the fourth quarter. Hsbc Holdings PLC now owns 17,259 shares of the bank’s stock valued at $611,000 after purchasing an additional 1,865 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of First Bancshares by 5.2% during the 4th quarter. Stifel Financial Corp now owns 21,273 shares of the bank’s stock worth $745,000 after buying an additional 1,055 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of First Bancshares by 26.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,102 shares of the bank’s stock worth $109,000 after buying an additional 641 shares during the last quarter. MetLife Investment Management LLC boosted its stake in shares of First Bancshares by 3.9% during the 4th quarter. MetLife Investment Management LLC now owns 18,404 shares of the bank’s stock worth $644,000 after buying an additional 695 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of First Bancshares by 4.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,598,088 shares of the bank’s stock worth $55,933,000 after buying an additional 74,483 shares during the last quarter. Institutional investors own 69.95% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of First Bancshares in a research note on Tuesday, April 22nd. They set a “hold” rating for the company.

First Bancshares Trading Up 0.3 %

First Bancshares stock opened at $33.75 on Tuesday. The First Bancshares, Inc. has a one year low of $23.60 and a one year high of $39.21. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 13.83 and a beta of 0.92. The firm has a 50-day moving average of $34.34 and a 200-day moving average of $35.32. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.84 and a quick ratio of 0.84.

First Bancshares Profile

The First Bancshares, Inc operates as the bank holding company for The First Bank that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts.