<div id="readability-page-1"><p>JPMorgan Chase &amp; Co. decreased its holdings in shares of  TriCo Bancshares (NASDAQ:TCBK - Free Report) by 11.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 318,778 shares of the financial services provider's stock after selling 42,144 shares during the period. JPMorgan Chase &amp; Co. owned about 0.97% of TriCo Bancshares worth $12,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><p>A number of other institutional investors also recently bought and sold shares of TCBK. Vanguard Group Inc. raised its stake in shares of  TriCo Bancshares by 1.5% in the first quarter. Vanguard Group Inc. now owns 1,839,668 shares of the financial services provider's stock worth $73,532,000 after buying an additional 27,348 shares during the period.  Assetmark Inc. purchased a new stake in  TriCo Bancshares in the 2nd quarter worth approximately $396,000.  Allworth Financial LP raised its stake in  TriCo Bancshares by 1,339.5% during the 2nd quarter. Allworth Financial LP now owns 119,393 shares of the financial services provider's stock worth $4,834,000 after acquiring an additional 111,099 shares during the period.  Connor Clark &amp; Lunn Investment Management Ltd. raised its stake in  TriCo Bancshares by 64.3% during the 1st quarter. Connor Clark &amp; Lunn Investment Management Ltd. now owns 47,642 shares of the financial services provider's stock worth $1,904,000 after acquiring an additional 18,646 shares during the period.  Finally, Barnes Wealth Management Group Inc purchased a new position in  TriCo Bancshares during the first quarter valued at approximately $303,000. 59.11% of the stock is owned by institutional investors. </p><div><p><span></span><span>Get <strong>TriCo Bancshares</strong> alerts:</span></p></div><h2>TriCo Bancshares Stock Down 1.9%</h2><p>Shares of TCBK stock opened at $47.82 on Monday. The company's fifty day simple moving average is $44.85 and its two-hundred day simple moving average is $43.27. TriCo Bancshares has a 52 week low of $35.20 and a 52 week high of $49.71. The stock has a market cap of $1.55 billion, a P/E ratio of 13.43 and a beta of 0.64. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. </p><p>TriCo Bancshares (NASDAQ:TCBK - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The financial services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.12. TriCo Bancshares had a return on equity of 9.27% and a net margin of 21.87%.The firm had revenue of $107.56 million for the quarter, compared to analysts' expectations of $107.08 million.  Analysts predict that  TriCo Bancshares will post 3.35 EPS for the current fiscal year. </p><h2>TriCo Bancshares Announces Dividend</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, December 5th. TriCo Bancshares's dividend payout ratio  is 40.45%. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of analysts have recently issued reports on the stock. Weiss Ratings cut shares of TriCo Bancshares from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a research note on Monday, December 1st. Zacks Research raised shares of TriCo Bancshares from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Monday, October 27th. Wall Street Zen raised TriCo Bancshares from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Saturday, October 25th. Keefe, Bruyette &amp; Woods boosted their price objective on TriCo Bancshares from $46.00 to $50.00 and gave the company a &#34;market perform&#34; rating in a research report on Monday, October 27th. Finally, Raymond James Financial  reaffirmed an &#34;outperform&#34; rating and issued a $46.00 price objective (up previously from $45.00) on shares of TriCo Bancshares in a research note on Friday, October 24th. One research analyst  has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, TriCo Bancshares currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $48.60.</p><p><b>Read Our Latest Stock Analysis on TriCo Bancshares</b></p><h2>TriCo Bancshares Profile</h2> (Free Report)<p>TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; mortgage, auto, other vehicle, and personal loans; commercial loans, including agricultural loans; and real estate construction loans.</p><h2>See Also</h2><ul><li>Five stocks we like better than TriCo Bancshares</li><li>What is Insider Trading? What You Can Learn from Insider Trading</li><li>Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast</li><li>How to Calculate Retirement Income: MarketBeat’s Calculator</li><li>Five Below and Dollar Tree Earnings Signal a Shopper Shift</li><li>How the NYSE and NASDAQ are Different, Why That Matters to Investors</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li></ul><p><strong>Want to see what other hedge funds are holding TCBK?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TriCo Bancshares (NASDAQ:TCBK - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VENCSw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VENCSw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in TriCo Bancshares Right Now?</h2><p>Before you consider TriCo Bancshares, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TriCo Bancshares wasn't on the list.</p><p>While TriCo Bancshares currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TCBK

<p>JPMorgan Chase & Co. reduced its holdings in TriCo Bancshares by 11.7% in Q2, owning 318,778 shares worth $12.9M. TriCo's stock opened at $47.82, with a 52-week range of $35.20-$49.71. Analysts have mixed ratings, with a consensus target price of $48.60. TriCo reported Q3 EPS of $1.04, beating estimates, and announced a quarterly dividend of $0.36 per share.</p>

JPMorgan Chase & Co. Reduces Position in TriCo Bancshares $TCBK