Shares of BancorpSouth Inc. (NYSE:BXS) were down 2.4% on Thursday . The stock traded as low as $23.03 and last traded at $23.09, with a volume of 294,149 shares trading hands. The stock had previously closed at $23.66.

Several analysts recently weighed in on BXS shares. Zacks Investment Research lowered BancorpSouth from a “hold” rating to a “sell” rating in a report on Wednesday, March 30th. Hovde Group lifted their target price on BancorpSouth from $21.50 to $25.00 and gave the company a “market perform” rating in a research note on Friday, April 22nd. Royal Bank Of Canada lifted their target price on BancorpSouth from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Friday, April 22nd. Keefe, Bruyette & Woods upgraded BancorpSouth from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $24.00 to $25.00 in a research note on Thursday, June 30th. Finally, JPMorgan Chase & Co. decreased their target price on BancorpSouth from $24.00 to $23.50 and set a “neutral” rating for the company in a research note on Thursday, July 7th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $24.71.

The firm has a market capitalization of $2.23 billion and a price-to-earnings ratio of 19.98. The stock has a 50-day moving average of $22.64 and a 200 day moving average of $21.82.

BancorpSouth (NYSE:BXS) last released its quarterly earnings results on Wednesday, July 20th. The company reported $0.39 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.39. During the same quarter in the prior year, the firm earned $0.41 EPS. Analysts anticipate that BancorpSouth Inc. will post $1.56 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 1st. Stockholders of record on Wednesday, June 15th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend was Monday, June 13th.

A number of hedge funds and institutional investors have bought and sold shares of the company. Liberty Mutual Group Asset Management Inc. raised its position in BancorpSouth by 51.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 56,165 shares of the company’s stock valued at $1,346,000 after buying an additional 19,058 shares during the period. Mutual of America Capital Management LLC raised its position in BancorpSouth by 2.5% in the fourth quarter. Mutual of America Capital Management LLC now owns 59,595 shares of the company’s stock valued at $1,430,000 after buying an additional 1,474 shares during the period. New York State Common Retirement Fund raised its position in BancorpSouth by 3.2% in the fourth quarter. New York State Common Retirement Fund now owns 102,500 shares of the company’s stock valued at $2,459,000 after buying an additional 3,200 shares during the period. Sei Investments Co. raised its position in BancorpSouth by 2,329,166.7% in the fourth quarter. Sei Investments Co. now owns 139,756 shares of the company’s stock valued at $3,353,000 after buying an additional 139,750 shares during the period. Finally, Rhumbline Advisers raised its position in BancorpSouth by 1.8% in the fourth quarter. Rhumbline Advisers now owns 211,657 shares of the company’s stock valued at $5,078,000 after buying an additional 3,695 shares during the period.

BancorpSouth, Inc is a financial holding company. The Company through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations in Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Florida, Missouri and Illinois. The Bank and its subsidiaries provide a range of financial services to individuals and small-to-medium size businesses.

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