State of Alaska Department of Revenue boosted its position in TrustCo Bank Corp NY (NASDAQ:TRST) by 79.1% during the second quarter, Holdings Channel reports. The fund owned 18,950 shares of the bank’s stock after buying an additional 8,370 shares during the period. State of Alaska Department of Revenue’s holdings in TrustCo Bank Corp NY were worth $146,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. BlackRock Inc. boosted its position in shares of TrustCo Bank Corp NY by 42,492.2% in the first quarter. BlackRock Inc. now owns 11,674,526 shares of the bank’s stock worth $91,644,000 after buying an additional 11,647,116 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of TrustCo Bank Corp NY by 4.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,190,254 shares of the bank’s stock worth $40,744,000 after buying an additional 221,187 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of TrustCo Bank Corp NY by 5.9% in the first quarter. Vanguard Group Inc. now owns 5,185,647 shares of the bank’s stock worth $40,708,000 after buying an additional 291,144 shares during the last quarter. State Street Corp boosted its position in shares of TrustCo Bank Corp NY by 0.8% in the first quarter. State Street Corp now owns 2,219,969 shares of the bank’s stock worth $17,430,000 after buying an additional 17,328 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of TrustCo Bank Corp NY by 11.9% in the first quarter. Bank of New York Mellon Corp now owns 1,452,245 shares of the bank’s stock worth $11,399,000 after buying an additional 154,057 shares during the last quarter. 58.26% of the stock is owned by institutional investors and hedge funds.

Shares of TrustCo Bank Corp NY (TRST) traded down 0.943% during trading on Thursday, reaching $7.875. The company’s stock had a trading volume of 53,409 shares. The stock has a market cap of $756.80 million, a P/E ratio of 16.863 and a beta of 1.17. The stock’s 50-day moving average is $7.85 and its 200-day moving average is $7.94. TrustCo Bank Corp NY has a 12-month low of $6.60 and a 12-month high of $9.00.

TrustCo Bank Corp NY (NASDAQ:TRST) last released its quarterly earnings results on Friday, July 21st. The bank reported $0.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.02. TrustCo Bank Corp NY had a return on equity of 10.24% and a net margin of 24.58%. The business had revenue of $43.05 million for the quarter. During the same quarter in the previous year, the business earned $0.11 EPS. Equities research analysts anticipate that TrustCo Bank Corp NY will post $0.49 earnings per share for the current fiscal year.

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TrustCo Bank Corp NY Company Profile

TrustCo Bank Corp NY is a savings and loan holding company. The Company’s principal subsidiary is Trustco Bank (the Bank). The Bank is a federal savings bank engaged in providing general banking services to individuals, partnerships and corporations. It operates through community banking segment. The Bank’s business consists of accepting deposits and making loans and investments.

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Institutional Ownership by Quarter for TrustCo Bank Corp NY (NASDAQ:TRST)

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