MidSouth Bancorp (NYSE:MSL) Director Clayton Paul Hilliard sold 5,000 shares of MidSouth Bancorp stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $12.90, for a total transaction of $64,500.00. Following the completion of the sale, the director now directly owns 129,785 shares of the company’s stock, valued at $1,674,226.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Clayton Paul Hilliard also recently made the following trade(s):

  • On Tuesday, November 14th, Clayton Paul Hilliard sold 1,540 shares of MidSouth Bancorp stock. The stock was sold at an average price of $13.04, for a total transaction of $20,081.60.

Shares of MidSouth Bancorp (NYSE MSL) traded down $0.05 during midday trading on Wednesday, hitting $12.90. 41,000 shares of the stock traded hands, compared to its average volume of 60,556. MidSouth Bancorp has a one year low of $10.90 and a one year high of $16.60. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.84 and a quick ratio of 0.84.

MidSouth Bancorp (NYSE:MSL) last announced its quarterly earnings data on Tuesday, October 24th. The bank reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.01. MidSouth Bancorp had a net margin of 0.94% and a return on equity of 1.43%. The company had revenue of $24.30 million during the quarter, compared to analysts’ expectations of $23.32 million. sell-side analysts expect that MidSouth Bancorp will post -0.06 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.04 annualized dividend and a dividend yield of 0.31%. MidSouth Bancorp’s dividend payout ratio is presently -21.05%.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Jacobs Asset Management LLC grew its stake in shares of MidSouth Bancorp by 23.3% during the 3rd quarter. Jacobs Asset Management LLC now owns 927,469 shares of the bank’s stock valued at $11,176,000 after buying an additional 175,298 shares during the period. California State Teachers Retirement System grew its stake in shares of MidSouth Bancorp by 50.3% during the 3rd quarter. California State Teachers Retirement System now owns 23,600 shares of the bank’s stock valued at $284,000 after buying an additional 7,900 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of MidSouth Bancorp by 20.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 462,071 shares of the bank’s stock valued at $5,568,000 after buying an additional 78,227 shares during the period. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of MidSouth Bancorp during the 3rd quarter valued at $136,000. Finally, Salzhauer Michael grew its stake in shares of MidSouth Bancorp by 12.3% during the 3rd quarter. Salzhauer Michael now owns 142,570 shares of the bank’s stock valued at $1,718,000 after buying an additional 15,605 shares during the period. 50.13% of the stock is owned by institutional investors.

Several analysts have commented on the stock. Stephens reaffirmed a “buy” rating and issued a $15.00 target price on shares of MidSouth Bancorp in a research note on Wednesday, August 2nd. Zacks Investment Research cut shares of MidSouth Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Sandler O’Neill reaffirmed a “buy” rating and issued a $14.00 target price on shares of MidSouth Bancorp in a research note on Tuesday, September 5th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $12.00 target price on shares of MidSouth Bancorp in a research note on Wednesday, October 4th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $15.33.

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.

Insider Buying and Selling by Quarter for MidSouth Bancorp (NYSE:MSL)

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