Shares of MidSouth Bancorp, Inc. (NYSE:MSL) have earned a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $13.75.

A number of brokerages recently commented on MSL. Zacks Investment Research cut MidSouth Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. ValuEngine cut MidSouth Bancorp from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $12.00 price objective on shares of MidSouth Bancorp in a research note on Wednesday, October 4th.

MidSouth Bancorp (MSL) traded down $0.15 during midday trading on Friday, hitting $15.05. The stock had a trading volume of 81,189 shares, compared to its average volume of 41,919. The firm has a market cap of $251.54, a PE ratio of -79.21 and a beta of 1.09. MidSouth Bancorp has a one year low of $11.05 and a one year high of $16.60. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.84 and a quick ratio of 0.84.

MidSouth Bancorp (NYSE:MSL) last announced its quarterly earnings data on Tuesday, October 24th. The bank reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. MidSouth Bancorp had a return on equity of 1.43% and a net margin of 0.94%. The business had revenue of $24.30 million during the quarter, compared to analysts’ expectations of $23.32 million. equities research analysts forecast that MidSouth Bancorp will post -0.09 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 15th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.27%. MidSouth Bancorp’s dividend payout ratio (DPR) is presently -21.05%.

In other MidSouth Bancorp news, Director C R. Cloutier sold 3,300 shares of MidSouth Bancorp stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $13.51, for a total transaction of $44,583.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Clayton Paul Hilliard sold 6,000 shares of MidSouth Bancorp stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $12.71, for a total value of $76,260.00. Following the transaction, the director now owns 113,785 shares in the company, valued at $1,446,207.35. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 38,364 shares of company stock valued at $507,019. 19.84% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of MSL. New York State Common Retirement Fund bought a new position in MidSouth Bancorp during the second quarter worth about $112,000. Rhumbline Advisers bought a new position in MidSouth Bancorp during the third quarter worth about $123,000. Hotchkis & Wiley Capital Management LLC bought a new position in MidSouth Bancorp during the third quarter worth about $136,000. MML Investors Services LLC lifted its holdings in MidSouth Bancorp by 16.9% during the second quarter. MML Investors Services LLC now owns 15,205 shares of the bank’s stock worth $179,000 after acquiring an additional 2,197 shares in the last quarter. Finally, California State Teachers Retirement System bought a new position in MidSouth Bancorp during the second quarter worth about $184,000. Hedge funds and other institutional investors own 56.74% of the company’s stock.

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About MidSouth Bancorp

MidSouth Bancorp, Inc is a financial holding company. The Company operates primarily through its wholly owned bank subsidiary, MidSouth Bank, N.A. The Company is operating principally in the community banking business by providing banking services to commercial and retail customers through the Bank. The Bank is community oriented and focuses primarily on offering commercial and consumer loan and deposit services to individuals and small to middle market businesses in Louisiana, and central and east Texas.

Analyst Recommendations for MidSouth Bancorp (NYSE:MSL)

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