Stieven Capital Advisors LP Has Boosted First Bancshares INC Ms (FBMS) Holding by $4.24 Million

April 21, 2018 - By Adrian Mccoy

The First Bancshares, Inc. (NASDAQ:FBMS) LogoInvestors sentiment increased to 3.29 in Q4 2017. Its up 1.29, from 2 in 2017Q3. It increased, as 5 investors sold FBMS shares while 9 reduced holdings. 16 funds opened positions while 30 raised stakes. 14.80 million shares or 183.93% more from 5.21 million shares in 2017Q3 were reported. 2,243 are held by Jpmorgan Chase And. Moreover, Maltese Capital Mngmt Ltd Liability has 0.82% invested in The First Bancshares, Inc. (NASDAQ:FBMS) for 318,444 shares. Blackrock Inc owns 448,434 shares. Morgan Stanley stated it has 0% of its portfolio in The First Bancshares, Inc. (NASDAQ:FBMS). 240,794 were reported by Price T Rowe Assocs Md. Amer Group holds 0% or 7,003 shares in its portfolio. Rhumbline Advisers reported 0% in The First Bancshares, Inc. (NASDAQ:FBMS). Kennedy Management Inc accumulated 100,931 shares. Legal And General Gp Public Ltd holds 0% or 2,527 shares. Metropolitan Life Insur, New York-based fund reported 3,374 shares. State Street stated it has 0% of its portfolio in The First Bancshares, Inc. (NASDAQ:FBMS). Jacobs Asset Ltd Liability Company holds 277,352 shares. Ameritas Partners has invested 0% in The First Bancshares, Inc. (NASDAQ:FBMS). Schwab Charles Investment Incorporated, a California-based fund reported 19,271 shares. Northern holds 0% of its portfolio in The First Bancshares, Inc. (NASDAQ:FBMS) for 107,419 shares.

Stieven Capital Advisors Lp increased its stake in First Bancshares Inc Ms (FBMS) by 27.46% based on its latest 2017Q4 regulatory filing with the SEC. Stieven Capital Advisors Lp bought 124,840 shares as the company’s stock declined 5.51% with the market. The hedge fund held 579,533 shares of the finance company at the end of 2017Q4, valued at $19.82M, up from 454,693 at the end of the previous reported quarter. Stieven Capital Advisors Lp who had been investing in First Bancshares Inc Ms for a number of months, seems to be bullish on the $417.46 million market cap company. The stock decreased 0.16% or $0.05 during the last trading session, reaching $31.95. About 32,853 shares traded or 17.49% up from the average. The First Bancshares, Inc. (NASDAQ:FBMS) has risen 11.40% since April 21, 2017 and is uptrending. It has underperformed by 0.15% the S&P500.

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

Among 2 analysts covering The First Bancshares (NASDAQ:FBMS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. The First Bancshares has $39.0 highest and $37.0 lowest target. $38’s average target is 18.94% above currents $31.95 stock price. The First Bancshares had 3 analyst reports since December 10, 2017 according to SRatingsIntel. Stephens maintained the shares of FBMS in report on Tuesday, January 30 with “Buy” rating. Keefe Bruyette & Woods maintained the shares of FBMS in report on Thursday, December 21 with “Buy” rating. The rating was maintained by Keefe Bruyette & Woods on Sunday, December 10 with “Buy”.

The First Bancshares, Inc. (NASDAQ:FBMS) Institutional Positions Chart

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