ValuEngine downgraded shares of Bancorpsouth Bank (NYSE:BXS) from a hold rating to a sell rating in a research report released on Thursday morning.

A number of other equities analysts have also commented on BXS. Zacks Investment Research upgraded Bancorpsouth Bank from a sell rating to a hold rating in a research note on Tuesday, October 23rd. Brean Capital reaffirmed a hold rating on shares of Bancorpsouth Bank in a report on Wednesday, November 14th. Stephens set a $35.00 target price on Bancorpsouth Bank and gave the company a buy rating in a report on Wednesday, November 14th. Finally, Royal Bank of Canada reduced their target price on Bancorpsouth Bank to $32.00 and set a market perform rating on the stock in a report on Friday, October 19th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $34.50.

Bancorpsouth Bank stock traded up $0.13 during mid-day trading on Thursday, reaching $27.65. 402,658 shares of the company were exchanged, compared to its average volume of 574,007. Bancorpsouth Bank has a 12 month low of $24.31 and a 12 month high of $35.55. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.86 and a quick ratio of 0.85. The firm has a market cap of $2.49 billion, a PE ratio of 16.56 and a beta of 1.42.

Bancorpsouth Bank (NYSE:BXS) last posted its quarterly earnings data on Wednesday, October 17th. The bank reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.01. Bancorpsouth Bank had a return on equity of 10.16% and a net margin of 23.71%. The firm had revenue of $213.75 million for the quarter, compared to analyst estimates of $216.90 million. During the same quarter last year, the company earned $0.43 EPS. Sell-side analysts expect that Bancorpsouth Bank will post 2.24 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 2nd. Shareholders of record on Friday, December 14th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date was Thursday, December 13th. Bancorpsouth Bank’s dividend payout ratio is presently 40.72%.

Hedge funds have recently modified their holdings of the business. Point72 Hong Kong Ltd acquired a new stake in shares of Bancorpsouth Bank in the 3rd quarter valued at $100,000. Strs Ohio boosted its holdings in shares of Bancorpsouth Bank by 56.9% during the 2nd quarter. Strs Ohio now owns 9,100 shares of the bank’s stock valued at $299,000 after acquiring an additional 3,300 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Bancorpsouth Bank by 323.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 10,854 shares of the bank’s stock valued at $355,000 after acquiring an additional 8,290 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Bancorpsouth Bank during the 3rd quarter valued at $367,000. Finally, GSA Capital Partners LLP boosted its holdings in shares of Bancorpsouth Bank by 61.4% during the 3rd quarter. GSA Capital Partners LLP now owns 12,017 shares of the bank’s stock valued at $393,000 after acquiring an additional 4,572 shares in the last quarter. 73.97% of the stock is currently owned by hedge funds and other institutional investors.

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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Analyst Recommendations for Bancorpsouth Bank (NYSE:BXS)

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