Trustmark Corp. (NASDAQ:TRMK) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $26.08 and last traded at $25.90, with a volume of 570,641 shares traded. The stock had previously closed at $25.69.

Several research analysts have issued reports on the company. SunTrust Banks Inc. raised their target price on Trustmark Corp. from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, June 9th. Zacks Investment Research raised Trustmark Corp. from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Tuesday, June 14th. Jefferies Group reissued a “hold” rating and issued a $25.00 target price on shares of Trustmark Corp. in a research report on Thursday, July 7th. Finally, TheStreet raised Trustmark Corp. from a “hold” rating to a “buy” rating in a research report on Wednesday, April 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $24.25.

The company has a 50-day moving average of $24.52 and a 200-day moving average of $23.18. The company has a market cap of $1.75 billion and a PE ratio of 15.40.

Trustmark Corp. (NASDAQ:TRMK) last released its quarterly earnings results on Tuesday, April 26th. The financial services provider reported $0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.03. During the same period in the prior year, the business earned $0.43 earnings per share. On average, analysts expect that Trustmark Corp. will post $1.62 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Wednesday, June 1st were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend was Friday, May 27th.

Other hedge funds and institutional investors have made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Trustmark Corp. by 11.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,346,594 shares of the financial services provider’s stock valued at $77,107,000 after buying an additional 350,856 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Trustmark Corp. by 28.3% in the fourth quarter. Wells Fargo & Company MN now owns 546,882 shares of the financial services provider’s stock valued at $12,602,000 after buying an additional 120,739 shares in the last quarter. Bank of Montreal Can raised its position in shares of Trustmark Corp. by 776.8% in the fourth quarter. Bank of Montreal Can now owns 136,494 shares of the financial services provider’s stock valued at $3,145,000 after buying an additional 120,927 shares in the last quarter. Twin Capital Management Inc. raised its position in shares of Trustmark Corp. by 28.9% in the fourth quarter. Twin Capital Management Inc. now owns 85,240 shares of the financial services provider’s stock valued at $1,964,000 after buying an additional 19,090 shares in the last quarter. Finally, Mutual of America Capital Management LLC raised its position in shares of Trustmark Corp. by 4.5% in the fourth quarter. Mutual of America Capital Management LLC now owns 47,099 shares of the financial services provider’s stock valued at $1,085,000 after buying an additional 2,018 shares in the last quarter.

Trustmark Corporation (Trustmark) is a bank holding company. Trustmark’s 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.

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