MidSouth Bancorp, Inc. (MSL) CEO James R. Mclemore, Jr. Purchases 1,000 Shares
MidSouth Bancorp, Inc. (NYSE:MSL) CEO James R. Mclemore, Jr. purchased 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The shares were bought at an average price of $13.15 per share, with a total value of $13,150.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
MidSouth Bancorp, Inc. (NYSE MSL) traded down $0.30 during midday trading on Tuesday, reaching $13.05. 106,087 shares of the company’s stock were exchanged, compared to its average volume of 52,631. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a market capitalization of $236.65, a PE ratio of -13.35 and a beta of 1.21. MidSouth Bancorp, Inc. has a 1 year low of $11.05 and a 1 year high of $16.60.
MidSouth Bancorp (NYSE:MSL) last posted its earnings results on Tuesday, January 30th. The bank reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.22). The business had revenue of $25.50 million during the quarter, compared to analyst estimates of $23.71 million. MidSouth Bancorp had a negative net margin of 11.48% and a negative return on equity of 0.46%. analysts expect that MidSouth Bancorp, Inc. will post 0.73 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Schwab Charles Investment Management Inc. lifted its stake in MidSouth Bancorp by 8.6% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 84,159 shares of the bank’s stock valued at $1,116,000 after acquiring an additional 6,694 shares during the last quarter. Thomson Horstmann & Bryant Inc. lifted its stake in MidSouth Bancorp by 101.6% in the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 444,578 shares of the bank’s stock valued at $5,890,000 after acquiring an additional 224,019 shares during the last quarter. Jacobs Asset Management LLC lifted its stake in MidSouth Bancorp by 23.3% in the third quarter. Jacobs Asset Management LLC now owns 927,469 shares of the bank’s stock valued at $11,176,000 after acquiring an additional 175,298 shares during the last quarter. California State Teachers Retirement System lifted its stake in MidSouth Bancorp by 50.3% in the third quarter. California State Teachers Retirement System now owns 23,600 shares of the bank’s stock valued at $284,000 after acquiring an additional 7,900 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in MidSouth Bancorp by 20.4% in the third quarter. Dimensional Fund Advisors LP now owns 462,071 shares of the bank’s stock valued at $5,568,000 after acquiring an additional 78,227 shares during the last quarter. Hedge funds and other institutional investors own 56.20% of the company’s stock.
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MidSouth Bancorp Company Profile
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.
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