According to Zacks, “MIDSOUTH BANCORP, INC. is a bank holding company engaged in general banking business. “
MidSouth Bancorp (NYSE:MSL) opened at 10.28 on Friday. MidSouth Bancorp has a 1-year low of $6.51 and a 1-year high of $11.55. The stock has a market capitalization of $116.80 million, a PE ratio of 15.07 and a beta of 1.30. The stock’s 50 day moving average price is $10.16 and its 200 day moving average price is $9.90.
MidSouth Bancorp (NYSE:MSL) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. MidSouth Bancorp had a return on equity of 4.86% and a net margin of 8.60%. On average, equities research analysts predict that MidSouth Bancorp will post $0.61 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, October 3rd. Stockholders of record on Thursday, September 15th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend was Tuesday, September 13th. MidSouth Bancorp’s payout ratio is 52.94%.
In related news, CEO C R. Cloutier sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 17th. The stock was sold at an average price of $10.28, for a total transaction of $25,700.00. Following the completion of the sale, the chief executive officer now directly owns 279,228 shares of the company’s stock, valued at approximately $2,870,463.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C R. Cloutier sold 9,161 shares of the firm’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $10.05, for a total value of $92,068.05. Following the sale, the chief executive officer now directly owns 257,766 shares of the company’s stock, valued at $2,590,548.30. The disclosure for this sale can be found here. 23.27% of the stock is owned by insiders.
Large investors have recently modified their holdings of the company. Spark Investment Management LLC acquired a new stake in shares of MidSouth Bancorp during the second quarter worth about $117,000. JPMorgan Chase & Co. raised its stake in shares of MidSouth Bancorp by 88.7% in the second quarter. JPMorgan Chase & Co. now owns 15,320 shares of the company’s stock worth $154,000 after buying an additional 7,200 shares in the last quarter. Royal Bank of Canada raised its stake in shares of MidSouth Bancorp by 0.6% in the first quarter. Royal Bank of Canada now owns 20,330 shares of the company’s stock worth $155,000 after buying an additional 130 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in shares of MidSouth Bancorp during the second quarter worth about $171,000. Finally, Guggenheim Capital LLC acquired a new stake in shares of MidSouth Bancorp during the second quarter worth about $226,000. 35.10% of the stock is owned by hedge funds and other institutional investors.
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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