Clayton Paul Hilliard Sells 1,300 Shares of MidSouth Bancorp, Inc. (MSL) Stock

MidSouth Bancorp, Inc. (NYSE:MSL) Director Clayton Paul Hilliard sold 1,300 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $12.80, for a total transaction of $16,640.00. Following the completion of the transaction, the director now directly owns 102,485 shares of the company’s stock, valued at approximately $1,311,808. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Clayton Paul Hilliard also recently made the following trade(s):

  • On Friday, November 24th, Clayton Paul Hilliard sold 6,000 shares of MidSouth Bancorp stock. The shares were sold at an average price of $12.71, for a total transaction of $76,260.00.
  • On Wednesday, November 22nd, Clayton Paul Hilliard sold 5,000 shares of MidSouth Bancorp stock. The shares were sold at an average price of $12.85, for a total transaction of $64,250.00.
  • On Monday, November 20th, Clayton Paul Hilliard sold 5,000 shares of MidSouth Bancorp stock. The shares were sold at an average price of $12.90, for a total transaction of $64,500.00.
  • On Tuesday, November 14th, Clayton Paul Hilliard sold 1,540 shares of MidSouth Bancorp stock. The shares were sold at an average price of $13.04, for a total transaction of $20,081.60.

MidSouth Bancorp, Inc. (NYSE MSL) traded up $0.05 on Monday, reaching $12.70. The company’s stock had a trading volume of 31,377 shares, compared to its average volume of 52,968. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.11. The stock has a market cap of $209.34, a PE ratio of -12.70 and a beta of 1.21. MidSouth Bancorp, Inc. has a 52 week low of $11.05 and a 52 week high of $16.60.

MidSouth Bancorp (NYSE:MSL) last posted its quarterly earnings results on Tuesday, January 30th. The bank reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.22). The business had revenue of $25.50 million during the quarter, compared to analysts’ expectations of $23.71 million. MidSouth Bancorp had a negative net margin of 11.48% and a negative return on equity of 0.46%. equities research analysts predict that MidSouth Bancorp, Inc. will post 0.73 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. grew its holdings in MidSouth Bancorp by 8.6% in the 4th quarter. BlackRock Inc. now owns 721,876 shares of the bank’s stock valued at $9,565,000 after buying an additional 57,366 shares during the period. Wells Fargo & Company MN grew its holdings in MidSouth Bancorp by 490.7% in the 4th quarter. Wells Fargo & Company MN now owns 24,294 shares of the bank’s stock valued at $322,000 after buying an additional 20,181 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in MidSouth Bancorp by 8.6% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 84,159 shares of the bank’s stock valued at $1,116,000 after buying an additional 6,694 shares during the period. Thomson Horstmann & Bryant Inc. grew its holdings in shares of MidSouth Bancorp by 101.6% during the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 444,578 shares of the bank’s stock worth $5,890,000 after purchasing an additional 224,019 shares during the period. Finally, Jacobs Asset Management LLC grew its holdings in shares of MidSouth Bancorp by 23.3% during the 3rd quarter. Jacobs Asset Management LLC now owns 927,469 shares of the bank’s stock worth $11,176,000 after purchasing an additional 175,298 shares during the period. Institutional investors own 55.57% of the company’s stock.

MSL has been the subject of several analyst reports. Zacks Investment Research raised shares of MidSouth Bancorp from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Wednesday, October 18th. ValuEngine downgraded shares of MidSouth Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, December 22nd. Finally, Hovde Group cut MidSouth Bancorp from an “outperform” rating to a “market perform” rating and set a $15.00 price target for the company. in a report on Wednesday, January 31st. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $14.60.

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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.

Insider Buying and Selling by Quarter for MidSouth Bancorp (NYSE:MSL)

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