Bessemer Group Inc. bought a new stake in shares of First Bancshares Inc (NASDAQ:FBMS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,800 shares of the bank’s stock, valued at approximately $164,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FBMS. Schwab Charles Investment Management Inc. bought a new position in First Bancshares during the second quarter valued at about $392,000. Bank of New York Mellon Corp bought a new position in First Bancshares during the second quarter valued at about $714,000. Teachers Advisors LLC bought a new position in First Bancshares during the second quarter valued at about $415,000. TIAA CREF Investment Management LLC bought a new position in First Bancshares during the second quarter valued at about $626,000. Finally, Nationwide Fund Advisors bought a new position in First Bancshares during the second quarter valued at about $128,000. Institutional investors own 51.69% of the company’s stock.

First Bancshares Inc (NASDAQ:FBMS) opened at $31.70 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.85. The company has a market capitalization of $351.73, a PE ratio of 28.30 and a beta of -0.43. First Bancshares Inc has a 12 month low of $26.05 and a 12 month high of $35.10.

First Bancshares (NASDAQ:FBMS) last posted its quarterly earnings data on Friday, January 26th. The bank reported $0.45 EPS for the quarter, hitting analysts’ consensus estimates of $0.45. The business had revenue of $18.78 million for the quarter, compared to analyst estimates of $19.55 million. First Bancshares had a return on equity of 10.36% and a net margin of 13.20%. research analysts predict that First Bancshares Inc will post 2.3 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Monday, February 5th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Friday, February 2nd. This is a positive change from First Bancshares’s previous quarterly dividend of $0.04. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.63%. First Bancshares’s payout ratio is presently 17.86%.

FBMS has been the topic of several recent research reports. Zacks Investment Research lowered First Bancshares from a “buy” rating to a “hold” rating in a report on Friday, December 29th. ValuEngine upgraded First Bancshares from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Keefe, Bruyette & Woods restated a “buy” rating and set a $39.00 target price on shares of First Bancshares in a report on Friday, December 22nd. BidaskClub lowered First Bancshares from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Finally, Stephens restated a “buy” rating and set a $37.00 target price on shares of First Bancshares in a report on Tuesday, January 30th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $38.00.

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About First Bancshares

The First Bancshares, Inc is a bank holding company for The First, A National Banking Association (the Bank). The Company 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.

Institutional Ownership by Quarter for First Bancshares (NASDAQ:FBMS)

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