JCSD Capital LLC Decreases Holdings in First Bancshares, Inc. (The) (MS) (FBMS)

JCSD Capital LLC trimmed its holdings in shares of First Bancshares, Inc. (The) (MS) (NASDAQ:FBMS) by 4.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 273,975 shares of the bank’s stock after selling 11,715 shares during the period. First Bancshares, Inc. (The) (MS) accounts for about 6.4% of JCSD Capital LLC’s holdings, making the stock its 2nd largest holding. JCSD Capital LLC owned about 2.22% of First Bancshares, Inc. (The) (MS) worth $8,836,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. SG Americas Securities LLC acquired a new stake in shares of First Bancshares, Inc. (The) (MS) during the first quarter worth about $101,000. MetLife Investment Advisors LLC acquired a new stake in shares of First Bancshares, Inc. (The) (MS) during the fourth quarter worth about $152,000. Bessemer Group Inc. acquired a new stake in shares of First Bancshares, Inc. (The) (MS) during the fourth quarter worth about $164,000. Ausdal Financial Partners Inc. acquired a new stake in shares of First Bancshares, Inc. (The) (MS) during the fourth quarter worth about $205,000. Finally, Martingale Asset Management L P acquired a new stake in shares of First Bancshares, Inc. (The) (MS) during the fourth quarter worth about $254,000. 60.94% of the stock is owned by institutional investors.

A number of analysts have recently commented on the company. BidaskClub upgraded First Bancshares, Inc. (The) (MS) from a “hold” rating to a “buy” rating in a research report on Friday, May 4th. Stephens reiterated a “buy” rating and set a $37.00 target price on shares of First Bancshares, Inc. (The) (MS) in a research report on Tuesday, January 30th. Zacks Investment Research cut First Bancshares, Inc. (The) (MS) from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. Finally, ValuEngine upgraded First Bancshares, Inc. (The) (MS) from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $38.00.

Shares of First Bancshares, Inc. (The) (MS) opened at $34.25 on Friday, Marketbeat.com reports. The stock has a market capitalization of $417.08 million, a P/E ratio of 19.46 and a beta of -0.38. First Bancshares, Inc. has a 52-week low of $33.60 and a 52-week high of $33.95. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.89 and a current ratio of 0.84.

First Bancshares, Inc. (The) (MS) (NASDAQ:FBMS) last issued its quarterly earnings results on Tuesday, April 24th. The bank reported $0.46 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.02). The company had revenue of $19.84 million during the quarter, compared to analyst estimates of $19.96 million. First Bancshares, Inc. (The) (MS) had a net margin of 16.11% and a return on equity of 9.28%. equities research analysts forecast that First Bancshares, Inc. will post 2.21 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 22nd. Investors of record on Monday, May 7th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.58%. The ex-dividend date is Friday, May 4th. First Bancshares, Inc. (The) (MS)’s dividend payout ratio (DPR) is presently 11.36%.

First Bancshares, Inc. (The) (MS) Company Profile

The First Bancshares, Inc operates as the holding company for The First, A National Banking Association 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 accounts.

Institutional Ownership by Quarter for First Bancshares, Inc. (The) (MS) (NASDAQ:FBMS)

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