Mutual of America Capital Management LLC grew its holdings in Trustmark Corp (NASDAQ:TRMK) by 6.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 56,744 shares of the financial services provider’s stock after buying an additional 3,687 shares during the period. Mutual of America Capital Management LLC’s holdings in Trustmark were worth $1,808,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Flinton Capital Management LLC raised its holdings in shares of Trustmark by 37.6% in the second quarter. Flinton Capital Management LLC now owns 4,448 shares of the financial services provider’s stock valued at $143,000 after buying an additional 1,216 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Trustmark in the third quarter valued at about $202,000. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Trustmark by 12.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 7,436 shares of the financial services provider’s stock valued at $239,000 after buying an additional 844 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Trustmark by 107.6% in the third quarter. Public Employees Retirement System of Ohio now owns 7,468 shares of the financial services provider’s stock valued at $247,000 after buying an additional 3,870 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Trustmark in the third quarter valued at about $274,000. 62.34% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently commented on TRMK. BidaskClub raised shares of Trustmark from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $34.00 target price on shares of Trustmark in a report on Thursday, October 26th. SunTrust Banks reduced their target price on shares of Trustmark to $33.00 and set an “average” rating for the company in a report on Tuesday, January 30th. Stephens reaffirmed a “hold” rating and issued a $34.00 target price on shares of Trustmark in a report on Thursday, January 25th. Finally, ValuEngine cut shares of Trustmark from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Trustmark currently has an average rating of “Hold” and a consensus target price of $34.50.

Trustmark Corp (NASDAQ TRMK) opened at $31.01 on Wednesday. The stock has a market cap of $2,099.45, a PE ratio of 20.01 and a beta of 1.11. Trustmark Corp has a 1-year low of $28.16 and a 1-year high of $35.09. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 0.04.

Trustmark (NASDAQ:TRMK) last posted its quarterly earnings results on Tuesday, January 23rd. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.48. The firm had revenue of $153.06 million during the quarter, compared to analysts’ expectations of $152.80 million. Trustmark had a net margin of 16.15% and a return on equity of 8.35%. During the same period in the prior year, the company posted $0.43 earnings per share. analysts predict that Trustmark Corp will post 2.15 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be issued a dividend of $0.23 per share. The ex-dividend date is Wednesday, February 28th. This represents a $0.92 annualized dividend and a yield of 2.97%. Trustmark’s dividend payout ratio is currently 59.35%.

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Trustmark Company 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.

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Institutional Ownership by Quarter for Trustmark (NASDAQ:TRMK)

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