Does Bancorpsouth Incorporated (NYSE:BXS) Have Gas After Even More Sellers Involved?

September 17, 2017 - By Vivian Currie

 Does Bancorpsouth Incorporated (NYSE:BXS) Have Gas After Even More Sellers Involved?

Investors sentiment decreased to 0.89 in 2016 Q4. Its down 0.57, from 1.46 in 2016Q3. It dived, as 13 investors sold BancorpSouth, Inc. shares while 67 reduced holdings. 23 funds opened positions while 48 raised stakes. 60.74 million shares or 4.35% more from 58.21 million shares in 2016Q3 were reported.
Icon Advisers has invested 0.04% in BancorpSouth, Inc. (NYSE:BXS). Principal Gp has invested 0.01% of its portfolio in BancorpSouth, Inc. (NYSE:BXS). Louisiana State Employees Retirement stated it has 0.03% of its portfolio in BancorpSouth, Inc. (NYSE:BXS). Ameriprise Incorporated invested in 0.01% or 296,766 shares. New York-based Howe Rusling has invested 0% in BancorpSouth, Inc. (NYSE:BXS). Price T Rowe Assoc Md has 0% invested in BancorpSouth, Inc. (NYSE:BXS) for 228,925 shares. Mutual Of America Mgmt Lc holds 63,880 shares. Envestnet Asset invested in 432 shares or 0% of the stock. Invesco Limited holds 0% or 240,199 shares in its portfolio. Netols Asset Mngmt Incorporated invested in 253,862 shares or 1.62% of the stock. Ironwood Ltd Llc stated it has 29,234 shares or 0.66% of all its holdings. Metropolitan Life Insurance New York invested 0.03% in BancorpSouth, Inc. (NYSE:BXS). Renaissance Technologies Limited Liability reported 0.05% of its portfolio in BancorpSouth, Inc. (NYSE:BXS). Sei holds 0% of its portfolio in BancorpSouth, Inc. (NYSE:BXS) for 2,012 shares. Proshare Advisors Lc has 35,753 shares for 0.01% of their portfolio.

Since May 18, 2017, it had 1 buying transaction, and 0 selling transactions for $202,510 activity.

The stock of Bancorpsouth Incorporated (NYSE:BXS) registered an increase of 6.27% in short interest. BXS’s total short interest was 2.66M shares in September as published by FINRA. Its up 6.27% from 2.50 million shares, reported previously. With 405,100 shares average volume, it will take short sellers 7 days to cover their BXS’s short positions. The short interest to Bancorpsouth Incorporated’s float is 3.04%.

It closed at $29.7 lastly. It is up 27.80% since September 17, 2016 and is uptrending. It has outperformed by 11.10% the S&P500.

BancorpSouth, Inc. is a financial holding company. The company has market cap of $2.70 billion. The Company, through its principal bank subsidiary, BancorpSouth Bank , conducts commercial banking and financial services activities in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. It has a 18.33 P/E ratio. The Company’s divisions include Community Banking, Insurance Agencies, and General Corporate and Other.

BancorpSouth, Inc. (NYSE:BXS) Ratings Coverage

Among 11 analysts covering BancorpSouth Inc (NYSE:BXS), 1 have Buy rating, 1 Sell and 9 Hold. Therefore 9% are positive. BancorpSouth Inc had 25 analyst reports since July 22, 2015 according to SRatingsIntel. Stephens maintained the stock with “Buy” rating in Thursday, July 20 report. The company was initiated on Tuesday, January 10 by Brean Capital. The company was upgraded on Thursday, June 30 by Keefe Bruyette & Woods. Raymond James downgraded the stock to “Mkt Perform” rating in Monday, October 5 report. RBC Capital Markets maintained BancorpSouth, Inc. (NYSE:BXS) rating on Friday, July 7. RBC Capital Markets has “Hold” rating and $3100 target. The firm earned “Hold” rating on Thursday, July 20 by Brean Capital. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, October 21. Piper Jaffray maintained BancorpSouth, Inc. (NYSE:BXS) rating on Thursday, September 7. Piper Jaffray has “Hold” rating and $31.0 target. The rating was maintained by Jefferies with “Hold” on Friday, June 9. The firm earned “Hold” rating on Thursday, September 7 by RBC Capital Markets.

Another recent and important BancorpSouth, Inc. (NYSE:BXS) news was published by Nasdaq.com which published an article titled: “BancorpSouth, Inc. (BXS) Ex-Dividend Date Scheduled for September 14, 2017” on September 13, 2017.

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