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BancorpSouth (NYSE:BXS) COO Chris A. Bagley acquired 25,000 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were purchased at an average cost of $21.15 per share, with a total value of $528,750.00. Following the transaction, the chief operating officer now directly owns 100,000 shares in the company, valued at approximately $2,115,000. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Evercore Partners downgraded shares of BancorpSouth from an “overweight” rating to an “equal weight” rating in a research note on Tuesday. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of BancorpSouth in a research note on Thursday, July 24th. They now have a $24.00 price target on the stock, down previously from $26.00. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of BancorpSouth from $26.00 to $21.00 in a research note on Wednesday, July 23rd. They now have a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $24.43.

Shares of BancorpSouth (NYSE:BXS) traded up 1.42% during mid-day trading on Tuesday, hitting $21.47. The stock had a trading volume of 119,551 shares. BancorpSouth has a 52-week low of $18.93 and a 52-week high of $26.24. The stock’s 50-day moving average is $21.50 and its 200-day moving average is $23.39. The company has a market cap of $2.062 billion and a P/E ratio of 18.09.

BancorpSouth (NYSE:BXS) last announced its earnings results on Monday, July 21st. The company reported $0.33 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.33. During the same quarter last year, the company posted $0.22 earnings per share. On average, analysts predict that BancorpSouth will post $1.29 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Investors of record on Monday, September 15th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Thursday, September 11th. This is an increase from BancorpSouth’s previous quarterly dividend of $0.05.

BancorpSouth, Inc is a financial holding company. Through its principal bank subsidiary, BancorpSouth Bank (NYSE:BXS), the Company conducts commercial banking and financial services operations in Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Florida, Missouri and Illinois.

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