TrustCo Bank Corp. NY (TRST) Reaches New 52-Week High at $7.19
Shares of TrustCo Bank Corp. NY (NASDAQ:TRST) reached a new 52-week high on Wednesday . The company traded as high as $7.19 and last traded at $7.15, with a volume of 64,112 shares trading hands. The stock had previously closed at $7.15.
The stock has a 50-day moving average of $6.77 and a 200 day moving average of $6.31. The stock has a market cap of $690.22 million and a P/E ratio of 16.52.
TrustCo Bank Corp. NY (NASDAQ:TRST) last announced its quarterly earnings data on Thursday, July 21st. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.00. During the same quarter in the prior year, the firm earned $0.11 EPS. On average, equities research analysts forecast that TrustCo Bank Corp. NY will post $0.43 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Friday, September 2nd will be paid a dividend of $0.0656 per share. The ex-dividend date is Wednesday, August 31st. This represents a $0.26 annualized dividend and a dividend yield of 3.64%.
A hedge fund recently raised its stake in TrustCo Bank Corp. NY stock. Schwab Charles Investment Management Inc. increased its stake in shares of TrustCo Bank Corp. NY (NASDAQ:TRST) by 11.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 324,857 shares of the company’s stock after buying an additional 32,131 shares during the period. Schwab Charles Investment Management Inc. owned about 0.34% of TrustCo Bank Corp. NY worth $1,995,000 at the end of the most recent quarter.
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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