Empowered Funds LLC Purchases 3,618 Shares of TrustCo Bank Corp NY (NASDAQ:TRST)

Empowered Funds LLC raised its position in shares of TrustCo Bank Corp NY (NASDAQ:TRST) by 5.3% in the third quarter, HoldingsChannel reports. The firm owned 71,616 shares of the bank’s stock after buying an additional 3,618 shares during the quarter. Empowered Funds LLC’s holdings in TrustCo Bank Corp NY were worth $2,368,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Capital Performance Advisors LLP bought a new stake in shares of TrustCo Bank Corp NY during the 3rd quarter valued at about $33,000. GAMMA Investing LLC grew its stake in shares of TrustCo Bank Corp NY by 55.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,151 shares of the bank’s stock valued at $38,000 after purchasing an additional 410 shares during the period. Meeder Asset Management Inc. grew its stake in shares of TrustCo Bank Corp NY by 577.9% during the 2nd quarter. Meeder Asset Management Inc. now owns 2,942 shares of the bank’s stock valued at $85,000 after acquiring an additional 2,508 shares during the period. CWM LLC grew its stake in shares of TrustCo Bank Corp NY by 547.5% during the 2nd quarter. CWM LLC now owns 4,565 shares of the bank’s stock valued at $131,000 after acquiring an additional 3,860 shares during the period. Finally, First Trust Direct Indexing L.P. bought a new position in shares of TrustCo Bank Corp NY during the 3rd quarter valued at approximately $222,000. 68.57% of the stock is currently owned by institutional investors.

TrustCo Bank Corp NY Trading Up 0.0 %

Shares of NASDAQ:TRST opened at $36.37 on Wednesday. The stock has a 50 day moving average of $33.74 and a 200 day moving average of $31.63. The company has a market cap of $691.39 million, a PE ratio of 14.55 and a beta of 0.81. TrustCo Bank Corp NY has a 12-month low of $25.83 and a 12-month high of $37.84.

TrustCo Bank Corp NY (NASDAQ:TRST) last announced its quarterly earnings data on Monday, October 21st. The bank reported $0.68 earnings per share (EPS) for the quarter. TrustCo Bank Corp NY had a net margin of 18.24% and a return on equity of 7.24%. The business had revenue of $66.00 million during the quarter. During the same period last year, the business earned $0.77 earnings per share.

TrustCo Bank Corp NY Profile

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.