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

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

The stock has a market capitalization of $1.75 billion and a PE ratio of 15.37. The firm’s 50-day moving average is $24.58 and its 200-day moving average is $23.22.

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

Several hedge funds have recently added to or reduced their stakes in the company. Nationwide Fund Advisors raised its stake in Trustmark Corp. by 0.3% in the fourth quarter. Nationwide Fund Advisors now owns 170,100 shares of the financial services provider’s stock worth $3,919,000 after buying an additional 454 shares during the last quarter. Retirement Systems of Alabama raised its position in shares of Trustmark Corp. by 1.3% in the fourth quarter. Retirement Systems of Alabama now owns 86,809 shares of the financial services provider’s stock valued at $2,000,000 after buying an additional 1,133 shares in the last quarter. Rhumbline Advisers raised its position in shares of Trustmark Corp. by 1.0% in the fourth quarter. Rhumbline Advisers now owns 160,937 shares of the financial services provider’s stock valued at $3,708,000 after buying an additional 1,535 shares in the last quarter. California Public Employees Retirement System raised its position in shares of Trustmark Corp. by 1.1% in the fourth quarter. California Public Employees Retirement System now owns 160,982 shares of the financial services provider’s stock valued at $3,709,000 after buying an additional 1,800 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.