Black Ridge Acquisition Corp. (BRAC) Is At $9.78 Formed Wedge; 3 Analysts Bullish MidSouth Bancorp, Inc. (MSL)

MidSouth Bancorp, Inc. (NYSE:MSL) Logo

Black Ridge Acquisition Corp. (BRAC) formed wedge up with $10.66 target or 9.00% above today’s $9.78 share price. Black Ridge Acquisition Corp. (BRAC) has $42.51 million valuation. The stock increased 0.10% or $0.01 during the last trading session, reaching $9.78. About 300 shares traded. Black Ridge Acquisition Corp. (NASDAQ:BRAC) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 7 analysts covering MidSouth Bancorp (NYSE:MSL), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. MidSouth Bancorp had 19 analyst reports since September 22, 2015 according to SRatingsIntel. FIG Partners upgraded MidSouth Bancorp, Inc. (NYSE:MSL) rating on Monday, April 2. FIG Partners has “Buy” rating and $15.5000 target. The stock of MidSouth Bancorp, Inc. (NYSE:MSL) has “Strong Buy” rating given on Monday, May 9 by Raymond James. On Friday, June 9 the stock rating was downgraded by Raymond James to “Underperform”. Keefe Bruyette & Woods maintained the shares of MSL in report on Tuesday, October 3 with “Hold” rating. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The stock of MidSouth Bancorp, Inc. (NYSE:MSL) has “Buy” rating given on Thursday, February 1 by Sandler O’Neill. On Tuesday, July 25 the stock rating was maintained by Stephens with “Buy”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, June 7. The stock has “Hold” rating by Hovde Group on Wednesday, January 31. On Friday, April 28 the stock rating was maintained by Stephens with “Hold”. See MidSouth Bancorp, Inc. (NYSE:MSL) latest ratings:

02/04/2018 Broker: FIG Partners Rating: Buy New Target: $15.5000 Upgrade
01/02/2018 Broker: Sandler O’Neill Rating: Buy New Target: $16.0 Maintain
31/01/2018 Broker: Hovde Group Rating: Hold Downgrade
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $14.0 Maintain

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 $239.09 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.

The stock increased 1.05% or $0.15 during the last trading session, reaching $14.4. About 58,263 shares traded or 57.81% up from the average. MidSouth Bancorp, Inc. (NYSE:MSL) has declined 9.57% since May 18, 2017 and is downtrending. It has underperformed by 21.12% the S&P500.

Investors sentiment decreased to 1.5 in 2017 Q4. Its down 0.68, from 2.18 in 2017Q3. It dropped, as 5 investors sold MidSouth Bancorp, Inc. shares while 15 reduced holdings. 6 funds opened positions while 24 raised stakes. 9.54 million shares or 2.82% more from 9.28 million shares in 2017Q3 were reported. Commercial Bank Of Ny Mellon Corp holds 48,970 shares or 0% of its portfolio. Northern Tru reported 0% in MidSouth Bancorp, Inc. (NYSE:MSL). Ontario – Canada-based Manufacturers Life The has invested 0% in MidSouth Bancorp, Inc. (NYSE:MSL). Deutsche Comml Bank Ag has invested 0% in MidSouth Bancorp, Inc. (NYSE:MSL). Citigroup has invested 0% in MidSouth Bancorp, Inc. (NYSE:MSL). Geode Mngmt Ltd Limited Liability Company holds 114,527 shares. Goldman Sachs invested 0% in MidSouth Bancorp, Inc. (NYSE:MSL). Legal And General Group Plc reported 2,464 shares. Mendon Advisors holds 634,730 shares or 0.8% of its portfolio. State Bank Of America De has invested 0% in MidSouth Bancorp, Inc. (NYSE:MSL). New York-based Hilton Cap Mgmt Ltd Liability Company has invested 0.08% in MidSouth Bancorp, Inc. (NYSE:MSL). Pacific Ridge Prns Limited Liability owns 240,953 shares or 0.84% of their US portfolio. Tiaa Cref Invest Management Ltd Liability reported 32,260 shares stake. Rmb Capital Mgmt Lc stated it has 760,488 shares. Parallax Volatility Advisers Lp owns 2,268 shares.

Since February 2, 2018, it had 2 insider buys, and 12 selling transactions for $952,417 activity. Shares for $50,280 were sold by CLOUTIER C R. MCLEMORE JAMES R JR had bought 150 shares worth $1,838. HILLIARD CLAYTON PAUL sold $63,800 worth of stock or 5,000 shares. Shares for $42,000 were sold by Hargroder Andrew G on Monday, February 5.

MidSouth Bancorp, Inc. (NYSE:MSL) Institutional Positions Chart