TrustCo Bank Corp. NY (TRST) Reaches New 52-Week High at $7.04
TrustCo Bank Corp. NY (NASDAQ:TRST) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $7.04 and last traded at $7.02, with a volume of 92,448 shares. The stock had previously closed at $6.94.
The stock has a 50 day moving average price of $6.64 and a 200 day moving average price of $6.24. The firm has a market capitalization of $675.88 million and a PE ratio of 16.18.
TrustCo Bank Corp. NY (NASDAQ:TRST) last announced its earnings results on Thursday, July 21st. The company reported $0.11 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.00. During the same period in the previous year, the firm posted $0.11 earnings per share. On average, equities research analysts anticipate that TrustCo Bank Corp. NY will post $0.43 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, October 3rd. Investors of record on Friday, September 2nd will be paid a dividend of $0.0656 per share. The ex-dividend date of this dividend is Wednesday, August 31st. This represents a $0.26 annualized dividend and a yield of 3.78%.
An institutional investor recently raised its position in TrustCo Bank Corp. NY stock. Morgan Stanley raised its stake in TrustCo Bank Corp. NY (NASDAQ:TRST) by 35.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 184,796 shares of the company’s stock after buying an additional 48,049 shares during the period. Morgan Stanley owned about 0.19% of TrustCo Bank Corp. NY worth $1,134,000 as of its most recent filing with the SEC.
Trustco Bank Corp NY is a savings and loan holding company. The Company’s principal subsidiary is Trustco Bank (the Bank). The Company operates through the community banking segment. The Bank is a federal savings bank engaged in providing general banking services to individuals, partnerships and corporations.
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