Bancorpsouth Bank (NYSE:BXS) has been given a consensus rating of “Hold” by the six brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $32.00.

BXS has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Bancorpsouth Bank from a “buy” rating to a “hold” rating in a report on Tuesday, May 7th. Stephens lowered shares of Bancorpsouth Bank from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $33.00 to $32.00 in a report on Wednesday, March 6th. ValuEngine upgraded shares of Bancorpsouth Bank from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, Brean Capital reiterated a “hold” rating on shares of Bancorpsouth Bank in a report on Friday, January 25th.

Several institutional investors have recently added to or reduced their stakes in BXS. Fort L.P. purchased a new stake in shares of Bancorpsouth Bank in the 1st quarter valued at approximately $33,000. Oregon Public Employees Retirement Fund increased its stake in Bancorpsouth Bank by 2,755.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 928,911 shares of the bank’s stock worth $36,000 after buying an additional 896,376 shares during the period. Buffington Mohr McNeal purchased a new stake in Bancorpsouth Bank during the 1st quarter worth approximately $42,000. Toronto Dominion Bank purchased a new stake in Bancorpsouth Bank during the 4th quarter worth approximately $43,000. Finally, NumerixS Investment Technologies Inc increased its stake in Bancorpsouth Bank by 480.0% during the 4th quarter. NumerixS Investment Technologies Inc now owns 2,900 shares of the bank’s stock worth $75,000 after buying an additional 2,400 shares during the period. 72.41% of the stock is currently owned by institutional investors and hedge funds.

NYSE BXS traded up $0.50 during mid-day trading on Friday, reaching $28.66. The stock had a trading volume of 11,194 shares, compared to its average volume of 519,838. Bancorpsouth Bank has a 1 year low of $24.31 and a 1 year high of $35.45. The firm has a market cap of $2.61 billion, a P/E ratio of 12.82 and a beta of 1.46.

Bancorpsouth Bank (NYSE:BXS) last announced its quarterly earnings data on Wednesday, April 17th. The bank reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02. Bancorpsouth Bank had a net margin of 23.10% and a return on equity of 10.34%. The company had revenue of $216.77 million during the quarter, compared to analyst estimates of $221.20 million. During the same period in the previous year, the business earned $0.54 EPS. Equities research analysts predict that Bancorpsouth Bank will post 2.37 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date is Thursday, June 13th. Bancorpsouth Bank’s dividend payout ratio (DPR) is 30.49%.

About Bancorpsouth Bank

BancorpSouth Bank provides commercial banking and financial services to individuals and small-to-medium size businesses. It offers various deposit products, including interest and noninterest bearing demand deposits, and saving and other time deposits. The company also provides commercial loans, including term loans, lines of credit, equipment and receivable financing, and agricultural loans; a range of short-to-medium term secured and unsecured commercial loans to businesses for working capital, business expansion, and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development, and construction of residential subdivisions.

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