Tompkins Financial Corporation $TMP Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. decreased its position in shares of Tompkins Financial Corporation (NYSEAMERICAN:TMP) by 18.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,682 shares of the financial services provider’s stock after selling 16,122 shares during the quarter. Goldman Sachs Group Inc. owned 0.50% of Tompkins Financial worth $4,577,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Tompkins Financial by 38.2% during the 1st quarter. GAMMA Investing LLC now owns 1,429 shares of the financial services provider’s stock worth $90,000 after purchasing an additional 395 shares during the period. von Borstel & Associates Inc. acquired a new stake in shares of Tompkins Financial during the 1st quarter worth approximately $95,000. CWM LLC grew its stake in shares of Tompkins Financial by 66.3% during the 1st quarter. CWM LLC now owns 1,848 shares of the financial services provider’s stock worth $116,000 after purchasing an additional 737 shares during the period. State of Wyoming acquired a new stake in shares of Tompkins Financial during the 4th quarter worth approximately $223,000. Finally, Heritage Investment Group Inc. acquired a new stake in shares of Tompkins Financial during the 1st quarter worth approximately $229,000. Institutional investors and hedge funds own 69.11% of the company’s stock.

Tompkins Financial Price Performance

Shares of NYSEAMERICAN TMP opened at $67.89 on Wednesday. The stock’s 50 day moving average price is $66.92. Tompkins Financial Corporation has a 12 month low of $54.16 and a 12 month high of $79.01. The firm has a market cap of $979.65 million, a PE ratio of 12.25 and a beta of 0.94. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.88.

Tompkins Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 8th were paid a $0.62 dividend. The ex-dividend date of this dividend was Friday, August 8th. This represents a $2.48 dividend on an annualized basis and a yield of 3.7%. Tompkins Financial’s dividend payout ratio (DPR) is currently 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.