Skyline Asset Management LP Decreased By $2.29 Million Its Bancorpsouth (BXS) Holding; Severn Bancorp (SVBI) Has 7 Sentiment

December 6, 2017 - By Henry Gaston

Skyline Asset Management Lp decreased Bancorpsouth Inc (BXS) stake by 8.89% reported in 2017Q2 SEC filing. Skyline Asset Management Lp sold 76,200 shares as Bancorpsouth Inc (BXS)’s stock declined 7.32%. The Skyline Asset Management Lp holds 780,700 shares with $23.81 million value, down from 856,900 last quarter. Bancorpsouth Inc now has $2.99B valuation. The stock decreased 0.30% or $0.1 during the last trading session, reaching $33.05. About 23,317 shares traded. BancorpSouth Bank (NYSE:BXS) has risen 27.80% since December 6, 2016 and is uptrending. It has outperformed by 11.10% the S&P500.

Severn Bancorp, Inc. operates as the holding firm for Severn Savings Bank, FSB that provides a range of personal and commercial banking services and products in Maryland, Delaware, and Virginia. The company has market cap of $87.56 million. The Company’s deposit products include checking, savings, money market, time deposit, and individual retirement accounts. It has a 28.71 P/E ratio. The companyÂ’s loan portfolio comprises residential mortgage loans; commercial real estate loans; construction and land acquisition, and development loans for the construction of one-to-four family dwellings; land loans for the development of residential subdivisions and loans on unimproved lots; business and commercial loans; and home equity loans, home equity lines of credit, and other consumer loans.

Investors sentiment decreased to 0.83 in Q2 2017. Its down 0.42, from 1.25 in 2017Q1. It worsened, as 13 investors sold BXS shares while 69 reduced holdings. 24 funds opened positions while 44 raised stakes. 58.26 million shares or 2.75% less from 59.91 million shares in 2017Q1 were reported. Envestnet Asset Mngmt invested in 413 shares or 0% of the stock. Sei Invs invested 0% in BancorpSouth Bank (NYSE:BXS). Century Capital Mngmt stated it has 196,532 shares or 1.03% of all its holdings. Bancorp Of New York Mellon Corporation stated it has 1.19 million shares. Fruth Inv holds 9,758 shares. D E Shaw Com reported 0% of its portfolio in BancorpSouth Bank (NYSE:BXS). Principal Group Inc has invested 0.01% in BancorpSouth Bank (NYSE:BXS). Howe And Rusling Inc holds 110 shares. Pub Employees Retirement Association Of Colorado reported 17,504 shares. Credit Suisse Ag holds 0% of its portfolio in BancorpSouth Bank (NYSE:BXS) for 89,159 shares. New York State Common Retirement Fund stated it has 0% of its portfolio in BancorpSouth Bank (NYSE:BXS). Federated Pa owns 50,841 shares or 0% of their US portfolio. Great Lakes Advsrs Ltd Liability Co accumulated 0.05% or 60,316 shares. Fisher Asset Mngmt Ltd Liability holds 0.09% or 1.98 million shares in its portfolio. Ing Groep Nv has 10,112 shares.

Among 13 analysts covering BancorpSouth Inc (NYSE:BXS), 1 have Buy rating, 1 Sell and 11 Hold. Therefore 8% are positive. BancorpSouth Inc had 35 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by Brean Capital on Friday, December 1. The stock of BancorpSouth Bank (NYSE:BXS) has “Hold” rating given on Tuesday, January 10 by Brean Capital. The firm has “Underperform” rating by Raymond James given on Thursday, October 6. The stock of BancorpSouth Bank (NYSE:BXS) has “Hold” rating given on Thursday, September 7 by Piper Jaffray. The firm has “Hold” rating by Brean Capital given on Thursday, July 20. Piper Jaffray reinitiated the stock with “Neutral” rating in Thursday, October 5 report. The firm earned “Hold” rating on Friday, August 11 by Jefferies. On Thursday, July 20 the stock rating was maintained by Stephens with “Buy”. Keefe Bruyette & Woods maintained BancorpSouth Bank (NYSE:BXS) rating on Monday, June 5. Keefe Bruyette & Woods has “Hold” rating and $3200 target. As per Friday, July 7, the company rating was maintained by RBC Capital Markets.

Analysts await BancorpSouth Bank (NYSE:BXS) to report earnings on January, 24. They expect $0.41 EPS, up 2.50% or $0.01 from last year’s $0.4 per share. BXS’s profit will be $37.03M for 20.15 P/E if the $0.41 EPS becomes a reality. After $0.43 actual EPS reported by BancorpSouth Bank for the previous quarter, Wall Street now forecasts -4.65% negative EPS growth.

It closed at $7.15 lastly. It is down 26.33% since December 6, 2016 and is uptrending. It has outperformed by 9.63% the S&P500.

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