BancorpSouth Bank (NYSE:BXS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

According to Zacks, “Shares of BancorpSouth outperformed the industry over the past six months. The performance was supported by the company’s impressive earnings surprise history.  It surpassed the Zacks Consensus Estimate for earnings in all the trailing four quarters. Given a strong balance-sheet position, the company has been steadily enhancing shareholders’ value through strategic acquisitions, dividend hikes, share buybacks and excellent expense-management initiatives. Yet, the company’s exposure to consumer mortgage and commercial real estate loans also continues to be a near-term concern. Further, a stretched valuation indicates limited upside potential for the stock.”

BXS has been the topic of a number of other research reports. Royal Bank of Canada reissued a “hold” rating and set a $31.00 price objective on shares of BancorpSouth Bank in a research note on Friday, September 8th. SunTrust Banks reissued a “hold” rating and set a $34.00 price objective on shares of BancorpSouth Bank in a research note on Wednesday, November 29th. ValuEngine lowered BancorpSouth Bank from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Piper Jaffray Companies reissued a “neutral” rating and set a $31.00 price objective on shares of BancorpSouth Bank in a research note on Thursday, October 5th. Finally, Brean Capital reissued a “hold” rating on shares of BancorpSouth Bank in a research note on Monday, October 30th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the company’s stock. BancorpSouth Bank has a consensus rating of “Hold” and an average target price of $33.13.

BancorpSouth Bank (NYSE BXS) opened at $32.10 on Tuesday. The firm has a market capitalization of $2,960.00, a price-to-earnings ratio of 19.69 and a beta of 1.40. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.87 and a current ratio of 0.88. BancorpSouth Bank has a 12 month low of $27.20 and a 12 month high of $34.45.

BancorpSouth Bank (NYSE:BXS) last released its quarterly earnings data on Thursday, October 19th. The bank reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.01. The company had revenue of $186.52 million for the quarter, compared to analyst estimates of $191.32 million. BancorpSouth Bank had a return on equity of 8.97% and a net margin of 19.59%. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 earnings per share. equities analysts forecast that BancorpSouth Bank will post 1.66 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in BXS. Cramer Rosenthal Mcglynn LLC lifted its stake in shares of BancorpSouth Bank by 113.9% in the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,533,650 shares of the bank’s stock valued at $49,153,000 after purchasing an additional 816,760 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of BancorpSouth Bank by 50.7% in the 3rd quarter. Victory Capital Management Inc. now owns 1,181,986 shares of the bank’s stock valued at $37,883,000 after buying an additional 397,740 shares during the period. State Street Corp raised its holdings in shares of BancorpSouth Bank by 6.8% in the 2nd quarter. State Street Corp now owns 4,886,258 shares of the bank’s stock valued at $149,028,000 after buying an additional 310,447 shares during the period. BlueCrest Capital Management Ltd purchased a new stake in shares of BancorpSouth Bank in the 2nd quarter valued at $6,063,000. Finally, Northern Trust Corp raised its holdings in shares of BancorpSouth Bank by 8.2% in the 2nd quarter. Northern Trust Corp now owns 2,583,338 shares of the bank’s stock valued at $78,792,000 after buying an additional 196,469 shares during the period. 66.44% of the stock is currently owned by institutional investors and hedge funds.

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BancorpSouth Bank Company Profile

BancorpSouth Bank is a financial holding company. The Company, through its principal bank subsidiary, conducts commercial banking and financial services operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. The Company’s segments include Community Banking, Insurance Agencies, and General Corporate and Other.

Analyst Recommendations for BancorpSouth Bank (NYSE:BXS)

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