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

BXS has been the subject of a number of other reports. Zacks Investment Research raised shares of Bancorpsouth Bank from a hold rating to a buy rating and set a $32.00 target price for the company in a research note on Tuesday, January 29th. Stephens reissued a buy rating and set a $35.00 target price on shares of Bancorpsouth Bank in a research note on Thursday, December 6th. Finally, Brean Capital reissued a hold rating on shares of Bancorpsouth Bank in a research note on Friday, January 25th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $33.50.

NYSE BXS opened at $27.42 on Thursday. The firm has a market cap of $2.48 billion, a price-to-earnings ratio of 12.30 and a beta of 1.47. Bancorpsouth Bank has a 52 week low of $24.31 and a 52 week high of $35.45.

Bancorpsouth Bank (NYSE:BXS) last issued its earnings results on Wednesday, January 23rd. The bank reported $0.57 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.03. The firm had revenue of $211.91 million during the quarter, compared to analyst estimates of $221.38 million. Bancorpsouth Bank had a net margin of 23.66% and a return on equity of 10.43%. During the same period in the previous year, the firm earned $0.41 earnings per share. As a group, equities analysts anticipate that Bancorpsouth Bank will post 2.35 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date is Thursday, March 14th. Bancorpsouth Bank’s dividend payout ratio is currently 30.49%.

Institutional investors and hedge funds have recently modified their holdings of the company. Howard Financial Services LTD. bought a new stake in shares of Bancorpsouth Bank in the fourth quarter valued at about $1,156,000. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Bancorpsouth Bank by 24.6% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 564,516 shares of the bank’s stock valued at $18,460,000 after acquiring an additional 111,316 shares in the last quarter. Teachers Advisors LLC raised its holdings in shares of Bancorpsouth Bank by 2.5% in the third quarter. Teachers Advisors LLC now owns 190,338 shares of the bank’s stock valued at $6,224,000 after acquiring an additional 4,691 shares in the last quarter. Founders Capital Management bought a new stake in shares of Bancorpsouth Bank in the fourth quarter valued at about $26,000. Finally, Comerica Bank raised its holdings in shares of Bancorpsouth Bank by 0.8% in the fourth quarter. Comerica Bank now owns 147,048 shares of the bank’s stock valued at $4,292,000 after acquiring an additional 1,205 shares in the last quarter. 72.00% of the stock is owned by hedge funds and other institutional investors.

Bancorpsouth Bank Company Profile

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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