Dreman Value Management Has Boosted By $432,274 Its Lennar Cl A Common Stock (LEN) Stake; Trustmark National Bank Trust Department Lowered Trustmark (TRMK) Position By $768,707

June 20, 2018 - By Hazel Jackson

Trustmark Corporation (NASDAQ:TRMK) Logo

Trustmark National Bank Trust Department decreased Trustmark Corp (TRMK) stake by 7.24% reported in 2018Q1 SEC filing. Trustmark National Bank Trust Department sold 24,797 shares as Trustmark Corp (TRMK)’s stock declined 0.15%. The Trustmark National Bank Trust Department holds 317,931 shares with $9.91 million value, down from 342,728 last quarter. Trustmark Corp now has $2.31 billion valuation. The stock increased 0.27% or $0.09 during the last trading session, reaching $34.02. About 324,575 shares traded or 26.07% up from the average. Trustmark Corporation (NASDAQ:TRMK) has risen 3.56% since June 20, 2017 and is uptrending. It has underperformed by 9.01% the S&P500. Some Historical TRMK News: ; 24/04/2018 – Trustmark 1Q EPS 54c; 12/03/2018 Judy Greffin Joins Trustmark Board of Directors; 29/05/2018 – Trustmark Closes Below 200-Day Moving Average: Technicals; 24/04/2018 – TRUSTMARK 1Q NET INTEREST MARGIN 3.37%, EST. 3.41%; 15/03/2018 – S&P REVISES TRUSTMARK CORP. TO RATING ‘BBB’ FROM ‘BBB+’; 13/03/2018 – A.M. Best Affirms Credit Ratings of Trustmark Group, Inc. and Its Subsidiaries; 05/04/2018 – S&PGR Affirms 2 Trustmark National Bank-Related LOC Bonds Rtgs; 24/04/2018 – TRUSTMARK 1Q EPS 54C, EST. 48C; 21/05/2018 – Bradley Bodell Joins Trustmark as Chief Information Officer; 15/03/2018 – S&PGR Lowers Trustmark Corp. L-T Rtg To ‘BBB’; Outlook Stable

Dreman Value Management Llc increased Lennar Corp Cl A Common Stock (LEN) stake by 1291.68% reported in 2018Q1 SEC filing. Dreman Value Management Llc acquired 7,453 shares as Lennar Corp Cl A Common Stock (LEN)’s stock declined 10.19%. The Dreman Value Management Llc holds 8,030 shares with $473,000 value, up from 577 last quarter. Lennar Corp Cl A Common Stock now has $16.91 billion valuation. The stock increased 0.86% or $0.45 during the last trading session, reaching $52.52. About 1.92 million shares traded. Lennar Corporation (NYSE:LEN) has risen 5.00% since June 20, 2017 and is uptrending. It has underperformed by 7.57% the S&P500. Some Historical LEN News: ; 05/04/2018 – LENNAR CORP LEN.N : CITIGROUP RAISES TARGET PRICE TO $73 FROM $70; 04/04/2018 – Lennar 1Q New Orders $3.4B, Up 38%; 04/04/2018 – LENNAR 1Q ADJ EPS $1.11, EST. 80C; 04/04/2018 – LENNAR SAYS ’18 GROSS MARGIN (MINUS BACKLOG) WILL BE 21.5%-22%; 14/05/2018 – Lennar Presenting at JPMorgan Conference Tomorrow; 12/04/2018 – Lennar: Diane Bessette Elected Chief Financial Officer and Will Continue as Treasurer; 04/04/2018 – LENNAR 1Q ADJ EPS $1.11; 12/04/2018 – LENNAR: STUART MILLER TO CONTINUE WITH CO. AS EXEC. CHAIRMAN; 19/03/2018 Moody’s Withdraws Ratings on CalAtlantic Group, Inc; 27/03/2018 – Lennar Plans to Use New Tech for Mortgage Applications

More news for Lennar Corporation (NYSE:LEN) were recently published by: Seekingalpha.com, which released: “The Market Needs A Glum Index – Cramer’s Mad Money (6/18/18)” on June 19, 2018. Bizjournals.com‘s article titled: “Fintech Opendoor raises $325 million from heavy hitters to fuel national expansion” and published on June 13, 2018 is yet another important article.

Since January 2, 2018, it had 0 insider purchases, and 16 selling transactions for $22.28 million activity. SUSTANA MARK sold $8.69M worth of Lennar Corporation (NYSE:LEN) on Friday, January 12. HUDSON SHERRILL W had sold 2,500 shares worth $157,450. GERARD STEVEN L also sold $157,450 worth of Lennar Corporation (NYSE:LEN) on Friday, April 6. BESSETTE DIANE J also sold $695,000 worth of Lennar Corporation (NYSE:LEN) shares. GROSS BRUCE E sold $1.04 million worth of Lennar Corporation (NYSE:LEN) on Friday, January 12. Another trade for 20,000 shares valued at $1.17M was sold by JAFFE JONATHAN M. McCall Jeffrey Joseph sold 50,888 shares worth $2.74M.

Among 26 analysts covering Lennar (NYSE:LEN), 23 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Lennar had 75 analyst reports since September 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by JMP Securities given on Monday, November 6. The firm has “Overweight” rating by Barclays Capital given on Friday, January 6. The firm has “Strong Buy” rating by Raymond James given on Monday, October 31. On Tuesday, February 13 the stock rating was upgraded by J.P. Morgan to “Buy”. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, October 31. The stock of Lennar Corporation (NYSE:LEN) has “Outperform” rating given on Tuesday, September 22 by FBR Capital. Keefe Bruyette & Woods maintained Lennar Corporation (NYSE:LEN) rating on Monday, August 28. Keefe Bruyette & Woods has “Buy” rating and $62.0 target. Barclays Capital downgraded the stock to “Equal-Weight” rating in Tuesday, July 11 report. The stock of Lennar Corporation (NYSE:LEN) has “Buy” rating given on Thursday, March 1 by Argus Research. RBC Capital Markets maintained the stock with “Buy” rating in Monday, September 25 report.

Investors sentiment increased to 2.09 in Q1 2018. Its up 0.84, from 1.25 in 2017Q4. It increased, as 50 investors sold LEN shares while 100 reduced holdings. 92 funds opened positions while 221 raised stakes. 274.75 million shares or 32.49% more from 207.37 million shares in 2017Q4 were reported. State Teachers Retirement Systems accumulated 0.07% or 481,444 shares. The Rhode Island-based Amica Mutual Insurance has invested 0.07% in Lennar Corporation (NYSE:LEN). State Of Tennessee Treasury Department holds 65,569 shares or 0.02% of its portfolio. Greenhaven Assocs has invested 8.06% in Lennar Corporation (NYSE:LEN). Atria Invs Limited Com holds 0.08% or 27,434 shares in its portfolio. State Common Retirement Fund, New York-based fund reported 637,372 shares. Covington Capital Management reported 100 shares. Viking Global Investors LP has invested 1.75% of its portfolio in Lennar Corporation (NYSE:LEN). Horizon Kinetics Limited invested in 0.02% or 9,656 shares. Hanson Mcclain has invested 0% of its portfolio in Lennar Corporation (NYSE:LEN). Price T Rowe Assoc Md holds 6.81M shares or 0.06% of its portfolio. Chevy Chase Trust invested 0.06% of its portfolio in Lennar Corporation (NYSE:LEN). Gulf Savings Bank (Uk) Ltd owns 0.07% invested in Lennar Corporation (NYSE:LEN) for 89,176 shares. Boston Family Office Ltd Liability Corp stated it has 0.03% in Lennar Corporation (NYSE:LEN). Renaissance Ltd Liability Corp accumulated 0.1% or 1.60M shares.

Analysts await Trustmark Corporation (NASDAQ:TRMK) to report earnings on July, 24. They expect $0.54 EPS, up 14.89% or $0.07 from last year’s $0.47 per share. TRMK’s profit will be $36.60 million for 15.75 P/E if the $0.54 EPS becomes a reality. After $0.54 actual EPS reported by Trustmark Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Trustmark National Bank Trust Department increased First Trust Preferred Securities (FPE) stake by 58,704 shares to 1.03 million valued at $20.12M in 2018Q1. It also upped Vanguard (VWO) stake by 128,283 shares and now owns 840,318 shares. Cummins Inc (NYSE:CMI) was raised too.

Investors sentiment decreased to 1.12 in 2018 Q1. Its down 0.02, from 1.14 in 2017Q4. It dropped, as 15 investors sold TRMK shares while 53 reduced holdings. 18 funds opened positions while 58 raised stakes. 40.84 million shares or 2.91% less from 42.06 million shares in 2017Q4 were reported. Stifel Fincl holds 0% or 27,361 shares in its portfolio. Texas Permanent School Fund has 44,897 shares. Metropolitan Life Insurance Ny reported 39,305 shares or 0% of all its holdings. Wells Fargo & Mn invested in 0.02% or 2.33 million shares. Bancorp Of America De invested in 214,104 shares. Pnc Services reported 17,169 shares. The Massachusetts-based State Street Corp has invested 0.01% in Trustmark Corporation (NASDAQ:TRMK). Hotchkis & Wiley Cap Mgmt Ltd Limited Liability Company has invested 0.01% in Trustmark Corporation (NASDAQ:TRMK). Oregon Public Employees Retirement Fund reported 25,411 shares stake. Aqr Capital Management Lc, Connecticut-based fund reported 78,123 shares. Numerixs Investment Technologies Inc reported 0% stake. Utd Capital Fin Advisers Ltd owns 8,407 shares. Brandywine Management Lc owns 216,259 shares for 0.04% of their portfolio. Advantus Cap Mgmt Inc reported 0.01% in Trustmark Corporation (NASDAQ:TRMK). Bank & Trust Of New York Mellon holds 926,540 shares.

Among 6 analysts covering Trustmark Corp (NASDAQ:TRMK), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Trustmark Corp had 23 analyst reports since August 26, 2015 according to SRatingsIntel. As per Monday, January 8, the company rating was maintained by Jefferies. The stock of Trustmark Corporation (NASDAQ:TRMK) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. On Wednesday, January 24 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $3200 target in Monday, May 29 report. The stock of Trustmark Corporation (NASDAQ:TRMK) has “Neutral” rating given on Thursday, June 9 by SunTrust. The firm earned “Hold” rating on Friday, June 9 by Jefferies. The rating was maintained by Jefferies with “Hold” on Tuesday, October 10. The firm has “Hold” rating given on Wednesday, July 26 by Stephens. The company was maintained on Monday, January 29 by SunTrust. On Wednesday, October 7 the stock rating was upgraded by Hovde Group to “Market Perform”.

Trustmark Corporation (NASDAQ:TRMK) Institutional Positions Chart

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