Shares of BancorpSouth Inc. (NYSE:BXS) fell 2.7% during mid-day trading on Monday . The company traded as low as $22.46 and last traded at $23.49, with a volume of 1,457,178 shares. The stock had previously closed at $24.15.

A number of research firms have issued reports on BXS. FBR & Co reaffirmed a “buy” rating on shares of BancorpSouth in a research note on Saturday, July 9th. Zacks Investment Research raised BancorpSouth from a “sell” rating to a “hold” rating in a research report on Tuesday, April 26th. Hovde Group boosted their target price on BancorpSouth from $21.50 to $25.00 and gave the company a “market perform” rating in a research report on Friday, April 22nd. JPMorgan Chase & Co. cut their target price on BancorpSouth from $24.00 to $23.50 and set a “neutral” rating on the stock in a research report on Thursday, July 7th. Finally, Royal Bank Of Canada boosted their target price on BancorpSouth from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, April 22nd. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $24.71.

The firm has a market capitalization of $2.24 billion and a P/E ratio of 19.88. The stock’s 50-day moving average price is $23.37 and its 200-day moving average price is $22.19.

BancorpSouth (NYSE:BXS) last issued its quarterly earnings results on Wednesday, July 20th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.39. During the same period in the previous year, the company posted $0.41 EPS. On average, equities analysts expect that BancorpSouth Inc. will post $1.52 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Thursday, September 15th will be given a $0.125 dividend. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.11%. This is a boost from BancorpSouth’s previous quarterly dividend of $0.10.

Several institutional investors have recently added to or reduced their stakes in the stock. Mutual of America Capital Management LLC increased 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 increased 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. Wells Fargo & Company MN increased its position in BancorpSouth by 0.9% in the fourth quarter. Wells Fargo & Company MN now owns 506,912 shares of the company’s stock valued at $12,161,000 after buying an additional 4,422 shares during the period. Finally, RS Investment Management Co. LLC increased its position in BancorpSouth by 20.0% in the fourth quarter. RS Investment Management Co. LLC now owns 911,370 shares of the company’s stock valued at $21,864,000 after buying an additional 151,660 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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