MidSouth Bancorp, Inc. (MSL) Reaches $14.65 After 4.00% Down Move; Corvel (CRVL) Shorts Decreased By 31.82%

January 14, 2018 - By Vivian Park

The stock of MidSouth Bancorp, Inc. (NYSE:MSL) is a huge mover today! The stock decreased 2.98% or $0.45 during the last trading session, reaching $14.65. About 52,162 shares traded. MidSouth Bancorp, Inc. (NYSE:MSL) has risen 37.43% since January 14, 2017 and is uptrending. It has outperformed by 20.73% the S&P500.The move comes after 9 months negative chart setup for the $242.44M company. It was reported on Jan, 14 by Barchart.com. We have $14.06 PT which if reached, will make NYSE:MSL worth $9.70M less.

Corvel Corporation (NASDAQ:CRVL) had a decrease of 31.82% in short interest. CRVL’s SI was 49,500 shares in January as released by FINRA. Its down 31.82% from 72,600 shares previously. With 25,200 avg volume, 2 days are for Corvel Corporation (NASDAQ:CRVL)’s short sellers to cover CRVL’s short positions. The SI to Corvel Corporation’s float is 0.61%. The stock decreased 0.58% or $0.3 during the last trading session, reaching $51.8. About 16,672 shares traded. CorVel Corporation (NASDAQ:CRVL) has declined 2.33% since January 14, 2017 and is downtrending. It has underperformed by 19.03% the S&P500.

Analysts await MidSouth Bancorp, Inc. (NYSE:MSL) to report earnings on January, 30. They expect $0.08 earnings per share, down 33.33% or $0.04 from last year’s $0.12 per share. MSL’s profit will be $1.32M for 45.78 P/E if the $0.08 EPS becomes a reality. After $0.07 actual earnings per share reported by MidSouth Bancorp, Inc. for the previous quarter, Wall Street now forecasts 14.29% EPS growth.

Investors sentiment decreased to 2.18 in Q3 2017. Its down 0.14, from 2.32 in 2017Q2. It dived, as 6 investors sold MidSouth Bancorp, Inc. shares while 11 reduced holdings. 6 funds opened positions while 31 raised stakes. 9.28 million shares or 10.37% more from 8.40 million shares in 2017Q2 were reported. Blackrock accumulated 664,510 shares. Ancora Advsrs Limited invested in 0.05% or 68,150 shares. Moreover, Schneider Capital Corp has 0.19% invested in MidSouth Bancorp, Inc. (NYSE:MSL) for 85,921 shares. Federated Pa holds 0% or 37,058 shares. State Bank Of Montreal Can accumulated 689 shares or 0% of the stock. Bnp Paribas Arbitrage holds 0% or 867 shares in its portfolio. Fj Management Ltd Llc holds 1.19% of its portfolio in MidSouth Bancorp, Inc. (NYSE:MSL) for 816,000 shares. Jacobs Asset Mngmt Limited Liability Company has 927,469 shares. Millennium Ltd Liability holds 0% in MidSouth Bancorp, Inc. (NYSE:MSL) or 221,851 shares. Kenmare Capital Ptnrs Limited Liability Corp owns 0.3% invested in MidSouth Bancorp, Inc. (NYSE:MSL) for 20,369 shares. Geode Mgmt Lc invested in 0% or 112,862 shares. 669,839 are held by Mendon Capital Advsr. Manufacturers Life Ins Communication The holds 0% or 14,003 shares in its portfolio. Wells Fargo And Co Mn reported 0% in MidSouth Bancorp, Inc. (NYSE:MSL). Bridgeway Management Incorporated holds 0.01% of its portfolio in MidSouth Bancorp, Inc. (NYSE:MSL) for 98,412 shares.

MidSouth Bancorp, Inc., a financial holding company, through its subsidiary MidSouth Bank, N.A., provides various community banking services and products to commercial and retail clients in the United States. The company has market cap of $242.44 million. The firm offers various deposit products, including interest-bearing money market and savings deposits accounts, interest-bearing and noninterest-bearing checking accounts, investment accounts, and NOW account deposits, as well as time deposits, such as certificates of deposits; and commercial and industrial, commercial real estate, and consumer loans, as well as other loans secured by real estate. It currently has negative earnings. It also provides cash management services; and electronic banking services comprising remote deposit capturing services, Internet banking, and debit and credit cards.

Since October 27, 2017, it had 0 buys, and 2 selling transactions for $113,237 activity. CLOUTIER C R also sold $111,867 worth of MidSouth Bancorp, Inc. (NYSE:MSL) on Friday, October 27.

Among 6 analysts covering MidSouth Bancorp (NYSE:MSL), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. MidSouth Bancorp had 16 analyst reports since September 22, 2015 according to SRatingsIntel. Stephens maintained MidSouth Bancorp, Inc. (NYSE:MSL) on Tuesday, July 25 with “Buy” rating. Keefe Bruyette & Woods maintained MidSouth Bancorp, Inc. (NYSE:MSL) rating on Wednesday, June 7. Keefe Bruyette & Woods has “Hold” rating and $1600 target. The rating was downgraded by TheStreet on Tuesday, September 22 to “Hold”. Hovde Group maintained MidSouth Bancorp, Inc. (NYSE:MSL) rating on Tuesday, June 13. Hovde Group has “Outperform” rating and $14 target. Keefe Bruyette & Woods maintained it with “Hold” rating and $14.0 target in Thursday, December 21 report. The stock of MidSouth Bancorp, Inc. (NYSE:MSL) has “Hold” rating given on Friday, April 28 by Stephens. Stephens maintained MidSouth Bancorp, Inc. (NYSE:MSL) on Tuesday, August 1 with “Buy” rating. On Friday, December 16 the stock rating was downgraded by Raymond James to “Outperform”. The firm has “Market Perform” rating by Hovde Group given on Friday, May 6. The stock of MidSouth Bancorp, Inc. (NYSE:MSL) earned “Underperform” rating by Raymond James on Friday, June 9.

Investors sentiment decreased to 1.09 in Q3 2017. Its down 0.19, from 1.28 in 2017Q2. It turned negative, as 8 investors sold CorVel Corporation shares while 45 reduced holdings. 21 funds opened positions while 37 raised stakes. 8.08 million shares or 0.95% less from 8.16 million shares in 2017Q2 were reported. Citadel Advisors Lc holds 13,738 shares or 0% of its portfolio. Vanguard Grp has invested 0% of its portfolio in CorVel Corporation (NASDAQ:CRVL). Arizona State Retirement System holds 0% or 4,931 shares in its portfolio. Thrivent Fincl For Lutherans stated it has 0% of its portfolio in CorVel Corporation (NASDAQ:CRVL). 4,106 are held by Stevens Capital Management L P. New York State Teachers Retirement invested in 0% or 10,362 shares. Deutsche National Bank Ag holds 0% of its portfolio in CorVel Corporation (NASDAQ:CRVL) for 9,896 shares. Btim reported 0.12% of its portfolio in CorVel Corporation (NASDAQ:CRVL). Texas Permanent School Fund has invested 0% in CorVel Corporation (NASDAQ:CRVL). Teachers Retirement System Of The State Of Kentucky holds 3,900 shares or 0% of its portfolio. Ancora Ltd Liability Co holds 0.27% or 84,384 shares. Sei Investments Co holds 102 shares. Financial Bank Of Montreal Can holds 740 shares. Alliancebernstein Ltd Partnership stated it has 18,824 shares. Fincl Bank Of America De has invested 0% in CorVel Corporation (NASDAQ:CRVL).

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