Trustmark Corp. (NASDAQ:TRMK) hit a new 52-week high on Friday . The company traded as high as $26.93 and last traded at $26.92, with a volume of 184,812 shares trading hands. The stock had previously closed at $26.05.

TRMK has been the topic of a number of recent research reports. SunTrust Banks Inc. raised their price objective on Trustmark Corp. from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, June 9th. Zacks Investment Research downgraded Trustmark Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, May 10th. TheStreet raised Trustmark Corp. from a “hold” rating to a “buy” rating in a research report on Wednesday, April 13th. Jefferies Group reaffirmed a “hold” rating and set a $25.00 price objective on shares of Trustmark Corp. in a research report on Thursday, July 7th. Finally, Keefe, Bruyette & Woods raised Trustmark Corp. from an “underperform” rating to a “market perform” rating and raised their price objective for the company from $23.00 to $25.00 in a research report on Thursday, July 28th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.75.

The firm has a market capitalization of $1.82 billion and a price-to-earnings ratio of 17.37. The firm has a 50 day moving average of $25.18 and a 200 day moving average of $23.62.

Trustmark Corp. (NASDAQ:TRMK) last announced its quarterly earnings results on Tuesday, July 26th. The financial services provider reported $0.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.02. During the same period last year, the business posted $0.45 earnings per share. On average, analysts forecast that Trustmark Corp. will post $1.64 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, September 1st will be issued a $0.23 dividend. The ex-dividend date is Tuesday, August 30th. This represents a $0.92 annualized dividend and a dividend yield of 3.42%.

Several large investors have recently bought and sold shares of the stock. California Public Employees Retirement System increased its stake in 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. Mutual of America Capital Management LLC increased its stake in 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. Bank of Montreal Can increased its stake in 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. Wells Fargo & Company MN increased its stake in 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. Finally, Dimensional Fund Advisors LP increased its stake in 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.

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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