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 firm’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $12.80, for a total value of $16,640.00. Following the transaction, the director now owns 102,485 shares of the company’s stock, valued at approximately $1,311,808. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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 value 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 value 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 value 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 value of $20,081.60.

MidSouth Bancorp, Inc. (NYSE:MSL) opened at $12.65 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.11. MidSouth Bancorp, Inc. has a 12-month low of $11.05 and a 12-month high of $16.60. The firm has a market capitalization of $209.34, a PE ratio of -12.65 and a beta of 1.21.

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

Several large investors have recently made changes to their positions in MSL. Thomson Horstmann & Bryant Inc. lifted its holdings in shares of MidSouth Bancorp by 101.6% in the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 444,578 shares of the bank’s stock valued at $5,890,000 after acquiring an additional 224,019 shares during the last quarter. Jacobs Asset Management LLC lifted its holdings in shares of MidSouth Bancorp by 23.3% in the 3rd quarter. Jacobs Asset Management LLC now owns 927,469 shares of the bank’s stock valued at $11,176,000 after acquiring an additional 175,298 shares during the last quarter. State Street Corp bought a new position in shares of MidSouth Bancorp in the 2nd quarter valued at about $1,164,000. Dimensional Fund Advisors LP lifted its holdings in shares of MidSouth Bancorp by 20.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 462,071 shares of the bank’s stock valued at $5,568,000 after acquiring an additional 78,227 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of MidSouth Bancorp by 322.2% in the 2nd quarter. Northern Trust Corp now owns 95,568 shares of the bank’s stock valued at $1,123,000 after acquiring an additional 72,930 shares during the last quarter. 55.57% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have recently weighed in on MSL. ValuEngine lowered MidSouth Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Zacks Investment Research lowered MidSouth Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, February 1st. Finally, Hovde Group lowered MidSouth Bancorp from an “outperform” rating to a “market perform” rating and set a $15.00 price objective for the company. in a research report on Wednesday, January 31st. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $14.60.

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About MidSouth Bancorp

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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