First Bancshares Inc : Stieven Capital Advisors Bought Stake

February 2, 2018 - By Linda Rogers

 First Bancshares Inc : Stieven Capital Advisors Bought Stake

Investors sentiment decreased to 2 in Q3 2017. Its down 1.30, from 3.3 in 2017Q2. It is negative, as 2 investors sold The First Bancshares, Inc. shares while 11 reduced holdings. 6 funds opened positions while 20 raised stakes. 5.21 million shares or 49.85% less from 10.39 million shares in 2017Q2 were reported.

Mendon Advisors has invested 0.99% of its portfolio in The First Bancshares, Inc. (NASDAQ:FBMS). Tiaa Cref Lc invested in 0% or 23,030 shares. Jacobs Asset Management Limited, New York-based fund reported 225,352 shares. Stieven Cap Ltd Partnership holds 454,693 shares or 2.6% of its portfolio. Renaissance Technologies Limited Company accumulated 0% or 40,930 shares. Morgan Stanley has invested 0% in The First Bancshares, Inc. (NASDAQ:FBMS). Barclays Public Ltd Co invested 0% of its portfolio in The First Bancshares, Inc. (NASDAQ:FBMS). Kennedy Incorporated accumulated 0.03% or 48,204 shares. Wells Fargo Mn has 0% invested in The First Bancshares, Inc. (NASDAQ:FBMS). International Grp Inc Inc has invested 0% in The First Bancshares, Inc. (NASDAQ:FBMS). Legal And General Public Ltd Company has 0% invested in The First Bancshares, Inc. (NASDAQ:FBMS). Dimensional Fund Advsrs Lp reported 49,205 shares stake. Macquarie Gru Ltd holds 0% or 5,626 shares in its portfolio. Manufacturers Life Insurance Com The holds 311,057 shares. 8,311 are owned by Lsv Asset Mngmt.

The New Stieven Capital Advisors Holding in First Bancshares Inc

Stieven Capital Advisors reported SC 13G/A form with the SEC for First Bancshares Inc . Access it here: 000090266418000587. As reported by Stieven Capital Advisors, the filler owns 5.19% or 579,533 shares of the Finance–company.

First Bancshares Inc stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Stieven Capital Advisors’s positive view for First Bancshares Inc . For a hedge fund managing $284.20 million in assets and having 5+ experts this is interesting position.

The hedge fund is investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Stieven Capital Advisors’s portfolio is in the sector.

First Bancshares Inc Institutional Sentiment

Filings show 18 investors own First Bancshares Inc . The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is increased by 2164851. 4018442 were owned by these investors. 1 funds opened new First Bancshares Inc stakes, 9 increased positions. There were 2 that closed positions and 4 reduced them.

Matthew Lindenbaum Basswood Capital Management Llc is an investor bullish on First Bancshares Inc , owning 361460 shares as of Q3 2015 for 0.31% of its portfolio. Pinnacle Holdings Llc owns 55736 shares or less than 0.01% of its portfolio. MO Stieven Capital Advisors Lp have 1.00% of its portfolio for 198041 shares. Further, Banc Funds Co Llc reported stake worth 0.49% of its portfolio. The CA Jcsd Capital Llc owns 285206 shares. First Bancshares Inc is 6.77% of its portfolio.

SEC Form 13G.

The stock decreased 0.30% or $0.1 during the last trading session, reaching $32.85. About 16,883 shares traded. The First Bancshares, Inc. (NASDAQ:FBMS) has risen 69.69% since February 2, 2017 and is uptrending. It has outperformed by 52.99% the S&P500.

The First Bancshares, Inc. operates as the holding firm for The First, A National Banking Association that provides commercial and retail banking services to small to medium-sized businesses, professional concerns, and individuals. The company has market cap of $366.80 million. It accepts various deposit products, including checking accounts, NOW accounts, and savings accounts; time deposits, such as money market accounts and certificates of deposit; and individual retirement accounts. It has a 28.52 P/E ratio. The firm also offers commercial loans comprising secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; consumer loans consisting of equity lines of credit, and secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and real estate construction and acquisition loans.

The First Bancshares, Inc. (NASDAQ:FBMS) Ratings Coverage

Among 4 analysts covering First Bancshares (NASDAQ:FBMS), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. First Bancshares has $39.0 highest and $30 lowest target. $35.33’s average target is 7.55% above currents $32.85 stock price. First Bancshares had 9 analyst reports since September 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, July 27 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained The First Bancshares, Inc. (NASDAQ:FBMS) on Thursday, December 21 with “Buy” rating. The firm earned “Buy” rating on Tuesday, July 25 by Stephens. The firm has “Buy” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. The rating was upgraded by Wood to “Outperform” on Thursday, July 27. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Sunday, December 10. Zacks downgraded the stock to “Hold” rating in Monday, September 21 report. The stock of The First Bancshares, Inc. (NASDAQ:FBMS) earned “Buy” rating by Stephens on Tuesday, January 30.

More notable recent The First Bancshares, Inc. (NASDAQ:FBMS) news were published by: Reuters.com which released: “BRIEF-First Bancshares Q4 Earnings Per Share $0.23” on January 26, 2018, also Prnewswire.com with their article: “Business First Bancshares, Inc. Completes Acquisition of Minden Bancorp, Inc.” published on January 03, 2018, Businesswire.com published: “The First Bancshares, Inc. Reports a 9.8% Increase in Net Income Available to …” on January 26, 2018. More interesting news about The First Bancshares, Inc. (NASDAQ:FBMS) were released by: Nasdaq.com and their article: “The First Bancshares, Inc. (FBMS) Ex-Dividend Date Scheduled for February 02, 2018” published on February 01, 2018 as well as Gurufocus.com‘s news article titled: “Research Report Identifies United Financial, Meta Financial Group, UNITIL …” with publication date: February 02, 2018.

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