Breton Hill Capital Ltd. decreased its holdings in shares of Trustmark Corporation (NASDAQ:TRMK) by 57.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,995 shares of the financial services provider’s stock after selling 10,720 shares during the quarter. Breton Hill Capital Ltd.’s holdings in Trustmark Corporation were worth $265,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of TRMK. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Trustmark Corporation by 9.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,333 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 296 shares during the last quarter. Creative Planning boosted its holdings in shares of Trustmark Corporation by 7.0% during the second quarter. Creative Planning now owns 3,705 shares of the financial services provider’s stock worth $119,000 after purchasing an additional 241 shares during the last quarter. Flinton Capital Management LLC boosted its holdings in shares of Trustmark Corporation by 37.6% during the second quarter. Flinton Capital Management LLC now owns 4,448 shares of the financial services provider’s stock worth $143,000 after purchasing an additional 1,216 shares during the last quarter. Integrated Investment Consultants LLC boosted its holdings in shares of Trustmark Corporation by 13.8% during the second quarter. Integrated Investment Consultants LLC now owns 4,925 shares of the financial services provider’s stock worth $158,000 after purchasing an additional 598 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its holdings in shares of Trustmark Corporation by 21.1% during the second quarter. LS Investment Advisors LLC now owns 5,411 shares of the financial services provider’s stock worth $174,000 after purchasing an additional 941 shares during the last quarter. Institutional investors and hedge funds own 62.29% of the company’s stock.

Several equities research analysts have recently issued reports on TRMK shares. Zacks Investment Research cut Trustmark Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, September 19th. ValuEngine upgraded Trustmark Corporation from a “hold” rating to a “buy” rating in a report on Saturday, September 30th. Jefferies Group LLC restated a “hold” rating and set a $36.00 price objective on shares of Trustmark Corporation in a report on Thursday, October 12th. Finally, BidaskClub cut Trustmark Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Two investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. The stock currently has an average rating of “Hold” and an average target price of $34.40.

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Shares of Trustmark Corporation (TRMK) traded down $0.06 during trading on Friday, reaching $31.54. The company had a trading volume of 175,400 shares, compared to its average volume of 196,844. Trustmark Corporation has a 52-week low of $28.16 and a 52-week high of $36.79. The firm has a market capitalization of $2,136.58, a PE ratio of 16.78 and a beta of 1.16. The company has a quick ratio of 0.74, a current ratio of 0.76 and a debt-to-equity ratio of 0.04.

Trustmark Corporation (NASDAQ:TRMK) last issued its earnings results on Tuesday, October 24th. The financial services provider reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.03. Trustmark Corporation had a return on equity of 8.21% and a net margin of 18.56%. The firm had revenue of $153.37 million for the quarter, compared to analysts’ expectations of $154.40 million. During the same quarter last year, the firm earned $0.47 earnings per share. analysts predict that Trustmark Corporation will post 1.91 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date is Thursday, November 30th. Trustmark Corporation’s payout ratio is currently 52.57%.

Trustmark Corporation Profile

Trustmark Corporation is a bank holding company. The Company’s principal subsidiary is Trustmark National Bank (TNB). Through TNB and its subsidiaries, the Company operates as a financial services company providing banking and other financial solutions. It operates through three segments: General Banking, Wealth Management and Insurance.

Institutional Ownership by Quarter for Trustmark Corporation (NASDAQ:TRMK)

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