Brean Capital reaffirmed their hold rating on shares of Bancorpsouth Bank (NYSE:BXS) in a research note published on Thursday morning.

BXS has been the topic of a number of other research reports. Stephens reaffirmed a buy rating and set a $37.00 price objective on shares of Bancorpsouth Bank in a research note on Monday, August 27th. Zacks Investment Research raised shares of Bancorpsouth Bank from a hold rating to a buy rating and set a $38.00 price objective on the stock in a research note on Wednesday, July 11th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $35.33.

Shares of NYSE BXS opened at $28.47 on Thursday. The company has a market cap of $2.57 billion, a PE ratio of 17.05 and a beta of 1.41. Bancorpsouth Bank has a 12 month low of $28.44 and a 12 month high of $35.55. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.85 and a current ratio of 0.86.

Bancorpsouth Bank (NYSE:BXS) last issued its quarterly earnings data on Wednesday, October 17th. The bank reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.01. The business had revenue of $213.75 million for the quarter, compared to analysts’ expectations of $216.90 million. Bancorpsouth Bank had a net margin of 23.71% and a return on equity of 10.16%. During the same quarter last year, the company earned $0.43 EPS. As a group, analysts forecast that Bancorpsouth Bank will post 2.21 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 1st. Stockholders of record on Friday, September 14th were paid a dividend of $0.17 per share. This is a boost from Bancorpsouth Bank’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, September 13th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.39%. Bancorpsouth Bank’s dividend payout ratio (DPR) is presently 40.72%.

Several large investors have recently made changes to their positions in BXS. Zeke Capital Advisors LLC purchased a new position in shares of Bancorpsouth Bank during the 2nd quarter valued at approximately $202,000. Sei Investments Co. lifted its position in shares of Bancorpsouth Bank by 29,870.8% during the 1st quarter. Sei Investments Co. now owns 7,193 shares of the bank’s stock valued at $229,000 after buying an additional 7,169 shares in the last quarter. Trexquant Investment LP purchased a new position in shares of Bancorpsouth Bank during the 2nd quarter valued at approximately $252,000. Strs Ohio lifted its position 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 buying an additional 3,300 shares in the last quarter. Finally, Xact Kapitalforvaltning AB lifted its position in shares of Bancorpsouth Bank by 58.0% during the 1st quarter. Xact Kapitalforvaltning AB now owns 12,260 shares of the bank’s stock valued at $390,000 after buying an additional 4,500 shares in the last quarter. Hedge funds and other institutional investors own 72.81% of the company’s stock.

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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