RMB Capital Management LLC raised its stake in MidSouth Bancorp, Inc. (NYSE:MSL) by 5.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 804,414 shares of the bank’s stock after purchasing an additional 43,926 shares during the period. RMB Capital Management LLC’s holdings in MidSouth Bancorp were worth $10,176,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of MSL. Basswood Capital Management L.L.C. increased its stake in MidSouth Bancorp by 46.5% in the fourth quarter. Basswood Capital Management L.L.C. now owns 1,142,420 shares of the bank’s stock valued at $15,137,000 after purchasing an additional 362,440 shares in the last quarter. Thomson Horstmann & Bryant Inc. increased its stake in MidSouth Bancorp by 20.9% in the first quarter. Thomson Horstmann & Bryant Inc. now owns 537,632 shares of the bank’s stock valued at $6,801,000 after purchasing an additional 93,054 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in MidSouth Bancorp by 15.0% in the first quarter. Dimensional Fund Advisors LP now owns 616,165 shares of the bank’s stock valued at $7,794,000 after purchasing an additional 80,227 shares in the last quarter. BlackRock Inc. increased its stake in MidSouth Bancorp by 8.6% in the fourth quarter. BlackRock Inc. now owns 721,876 shares of the bank’s stock valued at $9,565,000 after purchasing an additional 57,366 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in MidSouth Bancorp by 16.4% in the fourth quarter. Renaissance Technologies LLC now owns 361,009 shares of the bank’s stock valued at $4,783,000 after purchasing an additional 50,811 shares in the last quarter. 60.74% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have weighed in on the stock. FIG Partners raised shares of MidSouth Bancorp from a “market perform” rating to an “outperform” rating in a research note on Monday, April 2nd. They noted that the move was a valuation call. ValuEngine downgraded shares of MidSouth Bancorp from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. Finally, Zacks Investment Research raised shares of MidSouth Bancorp from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 4th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. MidSouth Bancorp currently has an average rating of “Hold” and a consensus price target of $14.60.

MSL opened at $14.15 on Thursday. MidSouth Bancorp, Inc. has a 1-year low of $11.05 and a 1-year high of $15.40. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $235.77 million, a price-to-earnings ratio of -52.41 and a beta of 1.22.

MidSouth Bancorp (NYSE:MSL) last issued its quarterly earnings data on Thursday, April 26th. The bank reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.29. The firm had revenue of $22.20 million during the quarter, compared to analysts’ expectations of $23.49 million. MidSouth Bancorp had a negative net margin of 13.67% and a positive return on equity of 0.40%. equities analysts predict that MidSouth Bancorp, Inc. will post 0.16 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 2nd. Stockholders of record on Friday, June 15th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date of this dividend is Thursday, June 14th. MidSouth Bancorp’s dividend payout ratio is currently -14.81%.

MidSouth Bancorp Company Profile

MidSouth Bancorp, Inc, a bank holding company, through its subsidiary MidSouth Bank, N.A., provides various community banking products and services to commercial and retail customers in the United States. The company offers various deposit products, including interest-bearing and noninterest-bearing checking accounts, money market, savings accounts, investment accounts, and NOW account deposits, as well as time deposits, such as certificates of deposits; and commercial and industrial, commercial real estate, and consumer loans, as well as other loans secured by real estate.

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Institutional Ownership by Quarter for MidSouth Bancorp (NYSE:MSL)

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