Tompkins Financial Co. (NYSEAMERICAN:TMP) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC increased its stake in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 8,603.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,998 shares of the financial services provider’s stock after acquiring an additional 88,964 shares during the period. GAMMA Investing LLC owned approximately 0.63% of Tompkins Financial worth $5,668,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Tompkins Financial during the 4th quarter worth about $27,000. Sterling Capital Management LLC raised its holdings in Tompkins Financial by 784.8% during the fourth quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 361 shares in the last quarter. Aquatic Capital Management LLC acquired a new stake in Tompkins Financial during the fourth quarter worth approximately $49,000. Russell Investments Group Ltd. raised its stake in Tompkins Financial by 21,563.6% during the 4th quarter. Russell Investments Group Ltd. now owns 2,383 shares of the financial services provider’s stock worth $162,000 after acquiring an additional 2,372 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in Tompkins Financial during the 4th quarter worth $163,000. 69.11% of the stock is currently owned by institutional investors and hedge funds.

Tompkins Financial Price Performance

Shares of Tompkins Financial stock opened at $62.30 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.11. The firm has a market cap of $896.50 million, a PE ratio of 12.59 and a beta of 0.73. Tompkins Financial Co. has a 12 month low of $43.32 and a 12 month high of $79.01. The firm has a fifty day simple moving average of $60.35.

Tompkins Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 9th were given a $0.62 dividend. The ex-dividend date was Friday, May 9th. This represents a $2.48 annualized dividend and a dividend yield of 3.98%. Tompkins Financial’s dividend payout ratio is presently 50.10%.

Tompkins Financial Company Profile

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.