Teachers Advisors LLC raised its position in TriCo Bancshares (NASDAQ:TCBK) by 9.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,391 shares of the financial services provider’s stock after buying an additional 6,382 shares during the period. Teachers Advisors LLC’s holdings in TriCo Bancshares were worth $2,643,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Context BH Capital Management LP raised its stake in shares of TriCo Bancshares by 18.3% in the first quarter. Context BH Capital Management LP now owns 49,480 shares of the financial services provider’s stock worth $1,758,000 after buying an additional 7,642 shares during the last quarter. Mutual of America Capital Management LLC raised its stake in shares of TriCo Bancshares by 0.7% in the first quarter. Mutual of America Capital Management LLC now owns 85,358 shares of the financial services provider’s stock worth $3,033,000 after buying an additional 622 shares during the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of TriCo Bancshares by 104.9% in the first quarter. Parametric Portfolio Associates LLC now owns 22,621 shares of the financial services provider’s stock worth $804,000 after buying an additional 11,581 shares during the last quarter. Sei Investments Co. raised its stake in shares of TriCo Bancshares by 4.2% in the first quarter. Sei Investments Co. now owns 21,072 shares of the financial services provider’s stock worth $749,000 after buying an additional 853 shares during the last quarter. Finally, Karp Capital Management Corp purchased a new stake in shares of TriCo Bancshares during the first quarter worth $245,000. Institutional investors own 69.39% of the company’s stock.

Shares of TriCo Bancshares (NASDAQ:TCBK) remained flat at $37.37 during midday trading on Tuesday. The company’s stock had a trading volume of 1,919 shares. The firm has a market capitalization of $856.71 million, a price-to-earnings ratio of 17.22 and a beta of 0.89. TriCo Bancshares has a 52 week low of $25.43 and a 52 week high of $38.58. The firm’s 50 day moving average price is $35.97 and its 200 day moving average price is $35.69.

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A number of equities research analysts have recently weighed in on the stock. BidaskClub upgraded shares of TriCo Bancshares from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. Zacks Investment Research upgraded shares of TriCo Bancshares from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a report on Wednesday, August 2nd. ValuEngine upgraded shares of TriCo Bancshares from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, FBR & Co restated a “hold” rating and issued a $37.00 price objective on shares of TriCo Bancshares in a report on Monday, May 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $39.00.

About TriCo Bancshares

TriCo Bancshares is a bank holding company. The Company’s principal subsidiary is Tri Counties Bank, a California-chartered commercial bank (the Bank). The Bank offers banking services to retail customers and small to medium-sized businesses through 68 branch offices in Northern and Central California.

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Institutional Ownership by Quarter for TriCo Bancshares (NASDAQ:TCBK)

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