Tompkins Financial Co. (NYSEAMERICAN:TMP) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lessened its stake in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 4.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,343 shares of the financial services provider’s stock after selling 1,612 shares during the quarter. Rhumbline Advisers owned approximately 0.25% of Tompkins Financial worth $2,289,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Tompkins Financial Corp raised its position in shares of Tompkins Financial by 1.7% during the 1st quarter. Tompkins Financial Corp now owns 1,159,812 shares of the financial services provider’s stock valued at $73,045,000 after acquiring an additional 19,034 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Tompkins Financial by 8,603.9% during the 1st quarter. GAMMA Investing LLC now owns 89,998 shares of the financial services provider’s stock worth $5,668,000 after purchasing an additional 88,964 shares during the period. Wellington Management Group LLP acquired a new stake in shares of Tompkins Financial during the 4th quarter worth approximately $2,743,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Tompkins Financial by 2.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 35,060 shares of the financial services provider’s stock worth $2,378,000 after purchasing an additional 692 shares during the period. Finally, State of Wyoming acquired a new stake in shares of Tompkins Financial during the 4th quarter worth approximately $223,000. Institutional investors and hedge funds own 69.11% of the company’s stock.

Tompkins Financial Price Performance

TMP opened at $60.84 on Tuesday. Tompkins Financial Co. has a 12 month low of $43.70 and a 12 month 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. The firm has a market cap of $875.49 million, a PE ratio of 12.29 and a beta of 0.73. The firm has a 50 day simple moving average of $60.72.

Tompkins Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were paid a dividend of $0.62 per share. The ex-dividend date was Friday, May 9th. This represents a $2.48 annualized dividend and a yield of 4.08%. Tompkins Financial’s dividend payout ratio (DPR) 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.