Trustmark Corp (TRMK) : Trustmark National Bank Trust Department reduced its stake in Trustmark Corp by 6.42% during the most recent quarter end. The investment management company now holds a total of 363,070 shares of Trustmark Corp which is valued at $8.6 Million after selling 24,911 shares in Trustmark Corp , the firm said in a disclosure report filed with the SEC on May 12, 2016.Trustmark Corp makes up approximately 1.17% of Trustmark National Bank Trust Department’s portfolio.
Other Hedge Funds, Including , Sg Americas Securities boosted its stake in TRMK in the latest quarter, The investment management firm added 2,561 additional shares and now holds a total of 22,990 shares of Trustmark Corp which is valued at $545,323.Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reduced its stake in TRMK by selling 7,501 shares or 38.3% in the most recent quarter. The Hedge Fund company now holds 12,086 shares of TRMK which is valued at $286,680. Trustmark Corp makes up approx 0.01% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.State Treasurer State Of Michigan boosted its stake in TRMK in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 27,000 shares of Trustmark Corp which is valued at $643,410. Trustmark Corp makes up approx 0.01% of State Treasurer State Of Michigan’s portfolio.Nisa Investment Advisors L.l.c. boosted its stake in TRMK in the latest quarter, The investment management firm added 17,500 additional shares and now holds a total of 58,500 shares of Trustmark Corp which is valued at $1.4 Million. Trustmark Corp makes up approx 0.02% of Nisa Investment Advisors L.l.c.’s portfolio.
Trustmark Corp opened for trading at $24.28 and hit $24.66 on the upside on Friday, eventually ending the session at $24.52, with a gain of 1.49% or 0.36 points. The heightened volatility saw the trading volume jump to 3,93,829 shares. Company has a market cap of $1,657,944 M.
On the company’s financial health, Trustmark Corp reported $0.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.37.Analysts expectations of $ 142.03.During the same quarter in the previous year, the company posted $0.43 EPS.
Trustmark Corporation (Trustmark) is a bank holding company. Trustmarks principal subsidiary is Trustmark National Bank (TNB). Through TNB and other subsidiaries Trustmark operates as a financial services organization providing banking and other financial solutions through approximately 205 offices in Alabama Florida Mississippi Tennessee and Texas. The Company operates through three segments: General Banking Insurance and Wealth Management. TNB provides a range of commercial banking services to corporations and other business customers. TNB also provides deposit services including checking savings and money market accounts and certificates of deposit as well as treasury management services. In addition TNB provides customers with installment and real estate loans and lines of credit. TNB provides mortgage banking services including construction financing production of conventional and government insured mortgages secondary marketing and mortgage servicing.