Principal Financial Group Inc. Has $3.94 Million Holdings in Tompkins Financial Corporation (NYSEAMERICAN:TMP)

Principal Financial Group Inc. boosted its holdings in Tompkins Financial Corporation (NYSEAMERICAN:TMP) by 3.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 62,552 shares of the financial services provider’s stock after acquiring an additional 1,829 shares during the quarter. Principal Financial Group Inc. owned 0.43% of Tompkins Financial worth $3,940,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TMP. SG Americas Securities LLC increased its stake in shares of Tompkins Financial by 42.2% during the first quarter. SG Americas Securities LLC now owns 10,283 shares of the financial services provider’s stock valued at $648,000 after buying an additional 3,050 shares during the period. GAMMA Investing LLC boosted its stake in shares of Tompkins Financial by 38.2% in the first quarter. GAMMA Investing LLC now owns 1,429 shares of the financial services provider’s stock worth $90,000 after acquiring an additional 395 shares during the period. Vanguard Group Inc. grew its position in shares of Tompkins Financial by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 1,305,903 shares of the financial services provider’s stock valued at $88,579,000 after purchasing an additional 4,173 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Tompkins Financial by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,245 shares of the financial services provider’s stock valued at $491,000 after buying an additional 253 shares in the last quarter. Finally, Franklin Resources Inc. bought a new stake in shares of Tompkins Financial during the 4th quarter worth approximately $586,000. 69.11% of the stock is owned by hedge funds and other institutional investors.

Tompkins Financial Trading Up 1.0%

Shares of NYSEAMERICAN:TMP opened at $65.67 on Friday. Tompkins Financial Corporation has a 12-month low of $53.41 and a 12-month high of $79.01. The firm has a market cap of $947.62 million, a P/E ratio of 12.78 and a beta of 0.90. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.67. The business’s 50-day simple moving average is $63.12.

Tompkins Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.78%. The ex-dividend date was Friday, May 9th. Tompkins Financial’s dividend payout ratio is currently 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.