Southern First Bancshares, Inc. (SFST) Reaches $45.80 High on Mar, 13; Semgroup Class A (SEMG) Sellers Increased By 7.81% Their Shorts

March 13, 2018 - By Hazel Jackson

Semgroup Corporation Class A (NYSE:SEMG) had an increase of 7.81% in short interest. SEMG’s SI was 11.84 million shares in March as released by FINRA. Its up 7.81% from 10.98M shares previously. With 893,600 avg volume, 13 days are for Semgroup Corporation Class A (NYSE:SEMG)’s short sellers to cover SEMG’s short positions. The SI to Semgroup Corporation Class A’s float is 16.76%. The stock decreased 1.31% or $0.3 during the last trading session, reaching $22.65. About 920,860 shares traded. SemGroup Corporation (NYSE:SEMG) has risen 7.33% since March 13, 2017 and is uptrending. It has underperformed by 9.37% the S&P500.

The stock of Southern First Bancshares, Inc. (NASDAQ:SFST) reached all time high today, Mar, 13 and still has $48.55 target or 6.00% above today’s $45.80 share price. This indicates more upside for the $337.30M company. This technical setup was reported by If the $48.55 PT is reached, the company will be worth $20.24M more. The stock decreased 0.65% or $0.3 during the last trading session, reaching $45.8. About 9,566 shares traded. Southern First Bancshares, Inc. (NASDAQ:SFST) has risen 34.98% since March 13, 2017 and is uptrending. It has outperformed by 18.28% the S&P500.

Investors sentiment increased to 1.44 in 2017 Q3. Its up 0.29, from 1.15 in 2017Q2. It improved, as 30 investors sold SemGroup Corporation shares while 37 reduced holdings. 21 funds opened positions while 56 raised stakes. 75.87 million shares or 9.74% more from 69.13 million shares in 2017Q2 were reported. Ameritas Invest Ptnrs Incorporated reported 0.01% in SemGroup Corporation (NYSE:SEMG). Cohen And Steers stated it has 0% in SemGroup Corporation (NYSE:SEMG). Alpine Woods Cap Investors Ltd Liability holds 0.17% or 114,800 shares. Groesbeck Investment Mgmt Corporation Nj holds 0.21% or 10,089 shares in its portfolio. Wellington Mgmt Group Llp reported 889,753 shares. Yorkville Capital Mgmt Limited holds 2.61% or 78,568 shares in its portfolio. Eagle Global Advsr Limited Com reported 3.04% stake. Jennison Associate Lc invested 0.06% in SemGroup Corporation (NYSE:SEMG). Signature Mgmt accumulated 11,300 shares. Citadel Advsrs Ltd Co holds 0.03% or 1.24 million shares in its portfolio. State Bank Of America Corp De reported 71,070 shares. Lvw Advsrs Limited Liability Company holds 23,725 shares or 0.27% of its portfolio. Deutsche Savings Bank Ag invested in 762,788 shares. 300 were reported by Winslow Evans & Crocker. Aperio holds 0% or 11,428 shares in its portfolio.

SemGroup Corporation provides gathering, transportation, storage, distribution, marketing, and other midstream services for producers, refiners of petroleum products, and other market participants. The company has market cap of $1.78 billion. The Company’s Crude Transportation segment operates crude oil pipelines and truck transportation businesses. It currently has negative earnings. This segment operates a 460-mile crude oil gathering and transportation pipeline system in Kansas and northern Oklahoma; a 75-mile crude oil gathering pipeline system that transports crude oil from production facilities in the DJ Basin to the pipeline owned by White Cliffs Pipeline, L.L.C.; a 527-mile pipeline that transports crude oil from Platteville, Colorado to Cushing, Oklahoma; and a 215-mile crude oil pipeline in western and north central Oklahoma, as well as crude oil trucking fleet of 225 transport trucks and 235 trailers.

Among 11 analysts covering SemGroup (NYSE:SEMG), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. SemGroup had 35 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating by UBS given on Monday, June 12. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, November 11 report. The stock of SemGroup Corporation (NYSE:SEMG) has “Overweight” rating given on Tuesday, June 13 by Barclays Capital. UBS maintained SemGroup Corporation (NYSE:SEMG) on Monday, November 13 with “Buy” rating. Barclays Capital maintained SemGroup Corporation (NYSE:SEMG) on Wednesday, November 29 with “Hold” rating. Morgan Stanley maintained the shares of SEMG in report on Friday, November 17 with “Equal-Weight” rating. On Tuesday, August 2 the stock rating was maintained by UBS with “Buy”. The firm earned “Buy” rating on Friday, March 2 by UBS. On Wednesday, June 15 the stock rating was initiated by Suntrust Robinson with “Buy”. The stock of SemGroup Corporation (NYSE:SEMG) earned “Buy” rating by RBC Capital Markets on Sunday, July 23.

Since February 27, 2018, it had 1 insider purchase, and 0 selling transactions for $227,250 activity. MCADAM WILLIAM J had bought 10,000 shares worth $227,250 on Tuesday, February 27.

Since January 26, 2018, it had 0 buys, and 4 sales for $315,034 activity. Strickland F Justin sold $48,708 worth of Southern First Bancshares, Inc. (NASDAQ:SFST) on Friday, January 26. Dowling Michael D had sold 500 shares worth $21,750.

Investors sentiment decreased to 1.65 in Q3 2017. Its down 0.23, from 1.88 in 2017Q2. It is 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 Capital Management Limited Liability Company owns 0.17% invested in Southern First Bancshares, Inc. (NASDAQ:SFST) for 178,935 shares. Bessemer Gru accumulated 5,200 shares. Vanguard Gru Incorporated holds 0% or 207,001 shares. Royal Savings Bank Of Canada reported 8,430 shares. Elizabeth Park Advisors reported 31,189 shares. Banc Funds Lc holds 622,521 shares or 1.01% of its portfolio. Price T Rowe Assocs Incorporated Md holds 0% of its portfolio in Southern First Bancshares, Inc. (NASDAQ:SFST) for 540,119 shares. First Trust Advsrs L P holds 0% in Southern First Bancshares, Inc. (NASDAQ:SFST) or 14,619 shares. Panagora Asset owns 0% invested in Southern First Bancshares, Inc. (NASDAQ:SFST) for 6,668 shares. California State Teachers Retirement invested in 0% or 10,618 shares. Martingale Asset Mgmt Limited Partnership holds 8,102 shares or 0% of its portfolio. Rhumbline Advisers owns 6,876 shares. Gp reported 0% of its portfolio in Southern First Bancshares, Inc. (NASDAQ:SFST). Pennsylvania-based Penn Cap Management has invested 0.03% in Southern First Bancshares, Inc. (NASDAQ:SFST). Brown Brothers Harriman And reported 1,624 shares.

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 -28.67% below currents $45.8 stock price. Southern First Bancshares had 4 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, January 25 by Sandler O’Neill. Keefe Bruyette & Woods downgraded Southern First Bancshares, Inc. (NASDAQ:SFST) on Tuesday, November 29 to “Mkt Perform” rating. The firm earned “Outperform” rating on Thursday, August 20 by Wood.

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