Tompkins Financial (NYSEAMERICAN:TMP) Sets New 12-Month Low at $69.57

Shares of Tompkins Financial Co. (NYSEAMERICAN:TMPGet Rating) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $69.57 and last traded at $69.75, with a volume of 223 shares traded. The stock had previously closed at $70.74.

The stock has a market capitalization of $1.01 billion, a PE ratio of 11.71 and a beta of 0.67. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.17.

Tompkins Financial (NYSEAMERICAN:TMPGet Rating) last released its quarterly earnings data on Friday, April 29th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.18. Tompkins Financial had a net margin of 27.88% and a return on equity of 12.78%. On average, equities analysts anticipate that Tompkins Financial Co. will post 5.53 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, May 16th. Investors of record on Tuesday, May 10th were given a $0.57 dividend. The ex-dividend date was Monday, May 9th. This represents a $2.28 annualized dividend and a yield of 3.26%. Tompkins Financial’s payout ratio is 37.75%.

In other Tompkins Financial news, Director Ita M. Rahilly purchased 1,355 shares of the company’s stock in a transaction that occurred on Wednesday, May 25th. The shares were acquired at an average price of $73.81 per share, with a total value of $100,012.55. Following the transaction, the director now owns 4,763 shares in the company, valued at $351,557.03. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.35% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of TMP. First Trust Advisors LP increased its stake in shares of Tompkins Financial by 333.7% during the 1st quarter. First Trust Advisors LP now owns 28,442 shares of the financial services provider’s stock worth $2,164,000 after purchasing an additional 21,884 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of Tompkins Financial during the 2nd quarter worth approximately $556,000. Morgan Stanley increased its stake in shares of Tompkins Financial by 24.6% during the 2nd quarter. Morgan Stanley now owns 65,009 shares of the financial services provider’s stock worth $5,042,000 after purchasing an additional 12,825 shares during the last quarter. Invesco Ltd. increased its stake in shares of Tompkins Financial by 2.8% during the 3rd quarter. Invesco Ltd. now owns 34,773 shares of the financial services provider’s stock worth $2,813,000 after purchasing an additional 949 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Tompkins Financial by 9.9% during the 3rd quarter. Royal Bank of Canada now owns 8,559 shares of the financial services provider’s stock worth $693,000 after purchasing an additional 768 shares during the last quarter. Hedge funds and other institutional investors own 59.23% of the company’s stock.

Tompkins Financial Company Profile (NYSEAMERICAN:TMP)

Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates in three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking accounts, savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits.

Featured Articles

Receive News & Ratings for Tompkins Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tompkins Financial and related companies with MarketBeat.com's FREE daily email newsletter.