Susquehanna International Group LLP lifted its holdings in Trustmark Corporation (NASDAQ:TRMK) by 23.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 67,457 shares of the financial services provider’s stock after purchasing an additional 12,757 shares during the quarter. Susquehanna International Group LLP owned 0.10% of Trustmark Corporation worth $2,170,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of TRMK. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Trustmark Corporation by 9.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,333 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 296 shares in the last quarter. Creative Planning grew its holdings in shares of Trustmark Corporation by 7.0% in the second quarter. Creative Planning now owns 3,705 shares of the financial services provider’s stock valued at $119,000 after purchasing an additional 241 shares in the last quarter. Flinton Capital Management LLC grew its holdings in shares of Trustmark Corporation 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 purchasing an additional 1,216 shares in the last quarter. Integrated Investment Consultants LLC grew its holdings in shares of Trustmark Corporation by 13.8% in the second quarter. Integrated Investment Consultants LLC now owns 4,925 shares of the financial services provider’s stock valued at $158,000 after purchasing an additional 598 shares in the last quarter. Finally, LS Investment Advisors LLC grew its holdings in shares of Trustmark Corporation by 21.1% in the second quarter. LS Investment Advisors LLC now owns 5,411 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 941 shares in the last quarter. 62.36% of the stock is owned by hedge funds and other institutional investors.

In other Trustmark Corporation news, insider Charles Scott Woods sold 1,000 shares of the company’s stock in a transaction on Friday, July 28th. The stock was sold at an average price of $32.00, for a total value of $32,000.00. Following the completion of the sale, the insider now directly owns 13,344 shares in the company, valued at approximately $427,008. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 1.37% of the stock is currently owned by corporate insiders.

Trustmark Corporation (NASDAQ:TRMK) traded up 0.09% on Wednesday, hitting $33.87. 31,973 shares of the company were exchanged. The stock has a market capitalization of $2.29 billion, a P/E ratio of 20.04 and a beta of 1.17. The stock’s 50-day moving average price is $31.00 and its 200-day moving average price is $31.66. Trustmark Corporation has a 52-week low of $26.81 and a 52-week high of $36.79.

Trustmark Corporation (NASDAQ:TRMK) last posted its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $0.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.03. Trustmark Corporation had a return on equity of 8.04% and a net margin of 18.35%. The firm had revenue of $157.10 million during the quarter, compared to the consensus estimate of $152.57 million. During the same period in the prior year, the company earned $0.40 EPS. On average, equities research analysts anticipate that Trustmark Corporation will post $1.75 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend was Wednesday, August 30th. Trustmark Corporation’s dividend payout ratio is currently 54.12%.

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A number of research analysts recently weighed in on TRMK shares. BidaskClub lowered shares of Trustmark Corporation from a “hold” rating to a “sell” rating in a report on Thursday, June 22nd. Hovde Group lowered shares of Trustmark Corporation from an “outperform” rating to a “market perform” rating and set a $34.00 target price for the company. in a report on Friday, June 23rd. Zacks Investment Research lowered shares of Trustmark Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. ValuEngine lowered shares of Trustmark Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. Finally, Stephens set a $35.00 target price on shares of Trustmark Corporation and gave the company a “hold” rating in a report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Trustmark Corporation presently has an average rating of “Hold” and an average price target of $33.60.

Trustmark Corporation 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 Corporation (NASDAQ:TRMK)

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