Southern First Bancshares, Inc. (SFST) Reaches $46.55 52-Week High; Wabash National (WNC) Shorts Lowered By 10.76%

March 19, 2018 - By Richard Conner

Wabash National Corporation (NYSE:WNC) had a decrease of 10.76% in short interest. WNC’s SI was 13.65 million shares in March as released by FINRA. Its down 10.76% from 15.30M shares previously. With 1.24 million avg volume, 11 days are for Wabash National Corporation (NYSE:WNC)’s short sellers to cover WNC’s short positions. The SI to Wabash National Corporation’s float is 23.66%. The stock decreased 0.96% or $0.21 during the last trading session, reaching $21.69. About 471,300 shares traded. Wabash National Corporation (NYSE:WNC) has risen 52.05% since March 19, 2017 and is uptrending. It has outperformed by 35.35% the S&P500.

The stock of Southern First Bancshares, Inc. (NASDAQ:SFST) hit a new 52-week high and has $49.34 target or 6.00% above today’s $46.55 share price. The 8 months bullish chart indicates low risk for the $342.82M company. The 1-year high was reported on Mar, 19 by If the $49.34 price target is reached, the company will be worth $20.57M more. The stock increased 1.53% or $0.7 during the last trading session, reaching $46.55. About 7,141 shares traded. Southern First Bancshares, Inc. (NASDAQ:SFST) has risen 34.98% since March 19, 2017 and is uptrending. It has outperformed by 18.28% the S&P500.

Investors sentiment decreased to 1.65 in Q3 2017. Its down 0.23, from 1.88 in 2017Q2. It turned negative, as 6 investors sold Southern First Bancshares, Inc. shares while 11 reduced holdings. 5 funds opened positions while 27 raised stakes. 4.90 million shares or 0.12% less from 4.90 million shares in 2017Q2 were reported. Rmb Mngmt Limited Liability stated it has 178,935 shares or 0.17% of all its holdings. Northern accumulated 68,043 shares. 10,454 were accumulated by Morgan Stanley. American Intll Gru owns 4,347 shares. Macquarie Gp Limited invested in 900 shares. Rhumbline Advisers reported 6,876 shares stake. Citigroup, New York-based fund reported 3,254 shares. 10,618 are owned by California State Teachers Retirement. Martingale Asset Mngmt Limited Partnership has invested 0% in Southern First Bancshares, Inc. (NASDAQ:SFST). California-based Eam Invsts Ltd Liability Com has invested 0.06% in Southern First Bancshares, Inc. (NASDAQ:SFST). Panagora Asset Management has 0% invested in Southern First Bancshares, Inc. (NASDAQ:SFST). Geode Capital Limited Liability holds 0% or 62,694 shares in its portfolio. Elizabeth Park Cap Ltd reported 31,189 shares. Meeder Asset Incorporated stated it has 0% of its portfolio in Southern First Bancshares, Inc. (NASDAQ:SFST). Banc Funds Commerce Limited Liability holds 1.01% or 622,521 shares in its portfolio.

Among 4 analysts covering Southern First Bancshares (NASDAQ:SFST), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Southern First Bancshares has $50.0 highest and $24 lowest target. $32.67’s average target is -29.82% below currents $46.55 stock price. Southern First Bancshares had 4 analyst reports since August 20, 2015 according to SRatingsIntel. As per Thursday, August 20, the company rating was maintained by Wood. The company was downgraded on Tuesday, November 29 by Keefe Bruyette & Woods. Sandler O’Neill maintained Southern First Bancshares, Inc. (NASDAQ:SFST) on Thursday, January 25 with “Buy” rating.

Since January 26, 2018, it had 0 insider buys, and 4 sales for $315,034 activity. Shares for $75,230 were sold by Dowling Michael D on Monday, March 5. The insider Strickland F Justin sold 3,893 shares worth $169,346.

Southern First Bancshares, Inc. operates as the holding firm for Southern First Bank that provides various banking services and products to general public in South Carolina. The company has market cap of $342.82 million. It accepts various deposit products that include checking accounts, commercial checking accounts, savings accounts, and other time deposits. It has a 26.45 P/E ratio. The company??s loan portfolio comprises commercial real estate loans; construction real estate loans; commercial business loans for various lines of businesses, such as the manufacturing, service industry, and professional service areas; consumer real estate and home equity loans; and other consumer loans, including secured and unsecured installment loans and revolving lines of credit.

Among 10 analysts covering Wabash National Corp (NYSE:WNC), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Wabash National Corp had 27 analyst reports since September 28, 2015 according to SRatingsIntel. As per Friday, September 30, the company rating was initiated by CLSA. The firm has “Hold” rating by Stephens given on Wednesday, January 31. The rating was maintained by Stifel Nicolaus on Wednesday, January 31 with “Hold”. The firm earned “Hold” rating on Thursday, January 26 by Stifel Nicolaus. The firm has “Sell” rating given on Tuesday, June 14 by Stifel Nicolaus. The firm earned “Neutral” rating on Thursday, April 6 by Seaport Global. The stock of Wabash National Corporation (NYSE:WNC) has “Hold” rating given on Thursday, February 1 by BMO Capital Markets. Stifel Nicolaus maintained Wabash National Corporation (NYSE:WNC) rating on Sunday, October 15. Stifel Nicolaus has “Hold” rating and $22.0 target. The firm has “Hold” rating given on Friday, December 22 by Stifel Nicolaus. As per Thursday, January 25, the company rating was maintained by Stephens.

Wabash National Corporation operates as a diversified industrial maker and North AmericaÂ’s producer of semi-trailers and liquid transportation systems. The company has market cap of $1.25 billion. The Company’s Commercial Trailer Products segment provides dry van trailers; platform trailers; refrigerated trailers; specialty trailers, such as converter dollies, big tire haulers, steel coil haulers, and RoadRailer trailers; aftermarket parts and services; used trailers; and laminated hard wood oak flooring products. It has a 12.19 P/E ratio. The companyÂ’s Diversified Products segment offers transportation products, including stainless steel and aluminum liquid and dry bulk tank trailers, and other liquid transport solutions for the dairy, food and beverage, chemical, environmental, petroleum, and refined fuel industries; aircraft refuelers and hydrant dispensers for in-to-plane fueling companies, airlines, freight distribution companies, and fuel marketers; military grade refueling and water tankers; truck mounted tanks for fuel delivery; and vacuum tankers.

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