1 day Ago By Defense World Staff
American Century Companies Inc. grew its holdings in TrustCo Bank Corp NY ( NASDAQ:TRST – Free Report ) by 9.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 407,703 shares of the bank’s stock after acquiring an additional 35,343 shares during the period. American Century Companies Inc. owned about 2.
14% of TrustCo Bank Corp NY worth $13,581,000 as of its most recent filing with the Securities & Exchange Commission. Other large investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in TrustCo Bank Corp NY during the 4th quarter valued at approximately $29,000.
Versant Capital Management Inc raised its position in shares of TrustCo Bank Corp NY by 263.7% during the fourth quarter. Versant Capital Management Inc now owns 942 shares of the bank’s stock valued at $31,000 after buying an additional 683 shares during the last quarter.
R Squared Ltd purchased a new position in shares of TrustCo Bank Corp NY in the fourth quarter worth $91,000. AlphaQuest LLC bought a new position in shares of TrustCo Bank Corp NY during the fourth quarter worth $218,000. Finally, FMR LLC grew its stake in TrustCo Bank Corp NY by 225.
6% during the third quarter. FMR LLC now owns 7,189 shares of the bank’s stock valued at $238,000 after acquiring an additional 4,981 shares in the last quarter. 68.
57% of the stock is currently owned by hedge funds and other institutional investors. TrustCo Bank Corp NY Stock Up 0.4 % Shares of TRST stock opened at $30.
60 on Wednesday. The company’s fifty day simple moving average is $31.88 and its two-hundred day simple moving average is $33.
37. TrustCo Bank Corp NY has a 52 week low of $25.83 and a 52 week high of $38.
89. The stock has a market cap of $582.01 million, a P/E ratio of 11.
91 and a beta of 0.80. TrustCo Bank Corp NY declared that its Board of Directors has approved a share repurchase program on Tuesday, March 18th that allows the company to repurchase 0 shares.
This repurchase authorization allows the bank to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s leadership believes its stock is undervalued. TrustCo Bank Corp NY Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st.
Investors of record on Friday, March 7th were given a $0.36 dividend. This represents a $1.
44 annualized dividend and a yield of 4.71%. The ex-dividend date was Friday, March 7th.
TrustCo Bank Corp NY’s dividend payout ratio is presently 56.03%. TrustCo Bank Corp NY Company Profile ( Free Report ) TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals and businesses.
The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. Read More Five stocks we like better than TrustCo Bank Corp NY How to Profit From Growth Investing D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy What Investors Need to Know About Upcoming IPOs Amazon Falls Back to a Key Support Line: Here’s How to Play It Upcoming IPO Stock Lockup Period, Explained Buffett Trims Equities, But Still Keeps Buying This Stock Want to see what other hedge funds are holding TRST? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for TrustCo Bank Corp NY ( NASDAQ:TRST – Free Report ). Receive News & Ratings for TrustCo Bank Corp NY Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TrustCo Bank Corp NY and related companies with MarketBeat.com's FREE daily email newsletter .
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