Ownership Action Don’t Lie: Pro-First Bancshares Inc Institutional Investors Sentiment Runs High in Q2 2016

November 18, 2016 - By Ruchi Gupta   ·   0 Comments

Ownership Action Don't Lie: Pro First Bancshares Inc Institutional Investors Sentiment Runs High in  Q2 2016

Sentiment for First Bancshares Inc (NASDAQ:FBMS)

First Bancshares Inc (NASDAQ:FBMS) institutional sentiment decreased to 2.33 in Q2 2016. Its down -0.42, from 2.75 in 2016Q1. The ratio dropped, as 11 active investment managers opened new or increased stock positions, while 4 sold and trimmed holdings in First Bancshares Inc. The active investment managers in our partner’s database now own: 2.05 million shares, up from 2.02 million shares in 2016Q1. Also, the number of active investment managers holding First Bancshares Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 1 Increased: 9 New Position: 2.

The First Bancshares, Inc. is a bank holding firm for The First, A National Banking Association located in Hattiesburg, Mississippi. The company has a market cap of $130.23 million. The Firm and the Bank engage in a general commercial and retail banking business for small to medium-sized businesses, professional concerns and individuals. It has a 13.21 P/E ratio. The Bank offers a portfolio of loans, including mortgage loans held for sale; commercial, financial and agricultural; real estate, such as mortgage-commercial, mortgage-residential and construction; lease financing receivable, and consumer and other loans.

About 501 shares traded hands. First Bancshares Inc (NASDAQ:FBMS) has risen 50.32% since April 18, 2016 and is uptrending. It has outperformed by 45.89% the S&P500.

According to Zacks Investment Research, “The FIRST BANCSHARES, INC., headquartered in Hattiesburg, Mississippi, is the parent company of The First, A National Banking Association. The First is now ranked in the top twenty banks by asset size in Mississippi. The First has operations in Hattiesburg, Laurel, Purvis, Picayune, Pascagoula, Bay St. Louis, Wiggins and Gulfport, Mississippi. The Company and its subsidiary bank engage in a general commercial and retail banking business characterized by personalized service and local decision-making, emphasizing the banking needs of small to medium-sized businesses, professional concerns and individuals. The products and services offered by the bank include deposit services, loan products, mortgage loan divisions and other services.”

Jcsd Capital Llc holds 5.52% of its portfolio in First Bancshares Inc for 291,335 shares. Stieven Capital Advisors L.P. owns 232,441 shares or 1.12% of their US portfolio. Moreover, Mendon Capital Advisors Corp has 0.67% invested in the company for 378,269 shares. The Illinois-based Banc Funds Co Llc has invested 0.49% in the stock. Pacific Ridge Capital Partners Llc, a Oregon-based fund reported 54,421 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 8 insider purchases, and 0 sales for $1.48 million net activity.

FBMS Company Profile

The First Bancshares, Inc., incorporated on June 23, 1995, is a bank holding firm for The First, A National Banking Association (the Bank) located in Hattiesburg, Mississippi. The Firm and the Bank engage in a general commercial and retail banking business for small to medium-sized businesses, professional concerns and individuals. The Bank provides a range of banking services in its primary market area of South Mississippi, South Alabama and Louisiana.

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By Ruchi Gupta


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