6 days Ago By ABMN Staff
American Century Companies Inc. boosted its holdings in shares of The First Bancshares, Inc. ( NASDAQ:FBMS – Free Report ) by 9.
0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 411,255 shares of the bank’s stock after acquiring an additional 33,906 shares during the quarter. American Century Companies Inc.
owned 1.32% of First Bancshares worth $14,394,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently bought and sold shares of the business.
Lord Abbett & CO. LLC acquired a new stake in shares of First Bancshares during the third quarter worth approximately $56,256,000. State Street Corp boosted its stake in shares of First Bancshares by 3.
0% during the 3rd quarter. State Street Corp now owns 971,246 shares of the bank’s stock valued at $31,206,000 after buying an additional 28,215 shares during the period. Charles Schwab Investment Management Inc.
grew its holdings in shares of First Bancshares by 7.6% during the 4th quarter. Charles Schwab Investment Management Inc.
now owns 967,043 shares of the bank’s stock valued at $33,847,000 after acquiring an additional 68,396 shares in the last quarter. Magnetar Financial LLC increased its stake in shares of First Bancshares by 2.5% in the fourth quarter.
Magnetar Financial LLC now owns 755,555 shares of the bank’s stock worth $26,444,000 after acquiring an additional 18,133 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in First Bancshares by 1.9% during the third quarter.
Geode Capital Management LLC now owns 675,448 shares of the bank’s stock valued at $21,706,000 after purchasing an additional 12,567 shares during the last quarter. Hedge funds and other institutional investors own 69.95% of the company’s stock.
First Bancshares Price Performance Shares of NASDAQ:FBMS opened at $33.75 on Wednesday. The stock has a market capitalization of $1.
05 billion, a P/E ratio of 13.83 and a beta of 0.92.
The business has a 50-day moving average of $35.97 and a two-hundred day moving average of $35.07.
The First Bancshares, Inc. has a fifty-two week low of $22.96 and a fifty-two week high of $39.
21. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.
84 and a quick ratio of 0.84. First Bancshares Announces Dividend Analyst Ratings Changes A number of equities research analysts have recently weighed in on FBMS shares.
StockNews.com initiated coverage on First Bancshares in a research note on Saturday. They set a “sell” rating for the company.
Keefe, Bruyette & Woods raised their price objective on shares of First Bancshares from $40.00 to $45.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th.
Read Our Latest Report on FBMS About First Bancshares ( Free Report ) The First Bancshares, Inc operates as the bank holding company for The First Bank 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 and health savings accounts.
Further Reading Want to see what other hedge funds are holding FBMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The First Bancshares, Inc. ( NASDAQ:FBMS – Free Report ).
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