Southern First Bancshares, Inc. (NASDAQ:SFST) Stock Holdings Lifted by Wellington Management Group LLP

Wellington Management Group LLP raised its position in shares of Southern First Bancshares, Inc. (NASDAQ:SFST - Free Report) by 21.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,440 shares of the bank's stock after buying an additional 11,537 shares during the quarter. Wellington Management Group LLP owned about 0.80% of Southern First Bancshares worth $2,601,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Southern First Bancshares by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 421,300 shares of the bank's stock worth $16,747,000 after buying an additional 1,249 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Southern First Bancshares by 1.9% in the third quarter. Geode Capital Management LLC now owns 171,207 shares of the bank's stock worth $5,835,000 after acquiring an additional 3,154 shares during the last quarter. State Street Corp boosted its stake in Southern First Bancshares by 1.1% in the third quarter. State Street Corp now owns 156,538 shares of the bank's stock valued at $5,335,000 after acquiring an additional 1,645 shares during the period. American Century Companies Inc. grew its holdings in shares of Southern First Bancshares by 18.1% during the fourth quarter. American Century Companies Inc. now owns 97,559 shares of the bank's stock valued at $3,878,000 after purchasing an additional 14,966 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of Southern First Bancshares by 43.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 44,643 shares of the bank's stock worth $1,775,000 after purchasing an additional 13,503 shares during the period. Institutional investors own 75.00% of the company's stock.

Southern First Bancshares Stock Performance

Shares of SFST traded up $0.70 during midday trading on Friday, hitting $31.72. 10,295 shares of the stock traded hands, compared to its average volume of 18,218. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.09 and a current ratio of 1.09. Southern First Bancshares, Inc. has a 1-year low of $24.98 and a 1-year high of $45.91. The business's 50 day moving average price is $33.17 and its two-hundred day moving average price is $37.03. The firm has a market capitalization of $259.12 million, a PE ratio of 16.52 and a beta of 0.73.

Southern First Bancshares (NASDAQ:SFST - Get Free Report) last announced its quarterly 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%. Equities research analysts predict that Southern First Bancshares, Inc. will post 1.85 EPS for the current fiscal year.

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.