GAMMA Investing LLC Cuts Stock Holdings in Tompkins Financial Corporation $TMP

GAMMA Investing LLC cut its stake in Tompkins Financial Corporation (NYSEAMERICAN:TMP) by 24.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,085 shares of the financial services provider’s stock after selling 344 shares during the period. GAMMA Investing LLC’s holdings in Tompkins Financial were worth $68,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Voya Investment Management LLC grew its position in Tompkins Financial by 33.3% in the first quarter. Voya Investment Management LLC now owns 12,362 shares of the financial services provider’s stock worth $779,000 after acquiring an additional 3,087 shares during the period. Jane Street Group LLC grew its position in Tompkins Financial by 290.9% in the first quarter. Jane Street Group LLC now owns 24,706 shares of the financial services provider’s stock worth $1,556,000 after acquiring an additional 18,385 shares during the period. Rise Advisors LLC grew its position in Tompkins Financial by 2.0% in the first quarter. Rise Advisors LLC now owns 16,126 shares of the financial services provider’s stock worth $1,016,000 after acquiring an additional 322 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Tompkins Financial by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,556 shares of the financial services provider’s stock worth $476,000 after acquiring an additional 311 shares during the period. Finally, Jacobs Levy Equity Management Inc. grew its position in Tompkins Financial by 663.0% in the first quarter. Jacobs Levy Equity Management Inc. now owns 40,517 shares of the financial services provider’s stock worth $2,552,000 after acquiring an additional 35,207 shares during the period. 69.11% of the stock is currently owned by hedge funds and other institutional investors.

Tompkins Financial Trading Down 0.0%

Shares of Tompkins Financial stock opened at $65.44 on Friday. The firm has a market capitalization of $944.30 million, a price-to-earnings ratio of 11.81 and a beta of 0.88. Tompkins Financial Corporation has a fifty-two week low of $54.16 and a fifty-two week high of $79.01. 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 stock has a 50 day moving average of $67.53 and a 200 day moving average of $63.93.

Tompkins Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 8th were given a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 3.8%. The ex-dividend date was Friday, August 8th. 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.