Wells Fargo & Company MN Purchases 1,727 Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP)

Wells Fargo & Company MN increased its position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 21.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,640 shares of the financial services provider’s stock after acquiring an additional 1,727 shares during the period. Wells Fargo & Company MN owned approximately 0.07% of Tompkins Financial worth $654,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of Tompkins Financial by 76.1% in the 4th quarter. JPMorgan Chase & Co. now owns 109,668 shares of the financial services provider’s stock worth $7,439,000 after buying an additional 47,382 shares during the last quarter. American Century Companies Inc. increased its stake in Tompkins Financial by 50.2% in the fourth quarter. American Century Companies Inc. now owns 123,654 shares of the financial services provider’s stock valued at $8,387,000 after acquiring an additional 41,329 shares during the last quarter. Wellington Management Group LLP bought a new stake in Tompkins Financial during the fourth quarter worth about $2,743,000. LPL Financial LLC lifted its stake in Tompkins Financial by 476.0% during the fourth quarter. LPL Financial LLC now owns 31,626 shares of the financial services provider’s stock worth $2,145,000 after purchasing an additional 26,135 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in shares of Tompkins Financial in the 4th quarter worth about $1,661,000. 69.11% of the stock is currently owned by hedge funds and other institutional investors.

Tompkins Financial Trading Up 0.7 %

Shares of NYSEAMERICAN TMP opened at $60.04 on Friday. The firm’s 50-day moving average price is $60.56. The stock has a market cap of $863.98 million, a PE ratio of 12.13 and a beta of 0.73. Tompkins Financial Co. has a 1-year low of $43.32 and a 1-year high of $79.01. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11.

Tompkins Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, May 9th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.13%. Tompkins Financial’s dividend payout ratio (DPR) is 50.10%.

About Tompkins Financial

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 through three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking and savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits.