Deutsche Bank AG Has $710,000 Stake in Tompkins Financial Corporation $TMP

Deutsche Bank AG decreased its holdings in shares of Tompkins Financial Corporation (NYSEAMERICAN:TMP) by 9.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,273 shares of the financial services provider’s stock after selling 1,145 shares during the quarter. Deutsche Bank AG owned 0.08% of Tompkins Financial worth $710,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Tompkins Financial by 2.4% during the first quarter. Vanguard Group Inc. now owns 1,336,830 shares of the financial services provider’s stock worth $84,194,000 after acquiring an additional 30,927 shares in the last quarter. LPL Financial LLC raised its stake in Tompkins Financial by 12.3% during the first quarter. LPL Financial LLC now owns 35,507 shares of the financial services provider’s stock worth $2,236,000 after acquiring an additional 3,881 shares in the last quarter. CWM LLC raised its stake in Tompkins Financial by 66.3% during the first quarter. CWM LLC now owns 1,848 shares of the financial services provider’s stock worth $116,000 after acquiring an additional 737 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Tompkins Financial by 1.4% during the first quarter. Bank of New York Mellon Corp now owns 137,528 shares of the financial services provider’s stock worth $8,662,000 after acquiring an additional 1,915 shares in the last quarter. Finally, von Borstel & Associates Inc. acquired a new position in Tompkins Financial during the first quarter worth about $95,000. Institutional investors and hedge funds own 69.11% of the company’s stock.

Tompkins Financial Trading Down 1.3%

Shares of NYSEAMERICAN TMP opened at $69.50 on Tuesday. The firm has a market capitalization of $1.00 billion, a P/E ratio of 12.55 and a beta of 0.92. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.95 and a current ratio of 0.95. The business’s 50-day simple moving average is $64.85. Tompkins Financial Corporation has a 12 month low of $53.95 and a 12 month high of $79.01.

Tompkins Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 8th were issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.6%. Tompkins Financial’s dividend payout ratio (DPR) is currently 50.10%.

Tompkins Financial 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.