Atria Investments Inc Has $462,000 Stock Position in Tompkins Financial Corporation $TMP

Atria Investments Inc increased its holdings in shares of Tompkins Financial Corporation (NYSEAMERICAN:TMP) by 22.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,360 shares of the financial services provider’s stock after buying an additional 1,360 shares during the quarter. Atria Investments Inc owned 0.05% of Tompkins Financial worth $462,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of Tompkins Financial by 3.0% in the first quarter. Principal Financial Group Inc. now owns 62,552 shares of the financial services provider’s stock worth $3,940,000 after acquiring an additional 1,829 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Tompkins Financial by 1.4% during the 1st quarter. Bank of New York Mellon Corp now owns 137,528 shares of the financial services provider’s stock valued at $8,662,000 after purchasing an additional 1,915 shares in the last quarter. CWM LLC grew its position in shares of Tompkins Financial by 66.3% in the 1st quarter. CWM LLC now owns 1,848 shares of the financial services provider’s stock valued at $116,000 after purchasing an additional 737 shares during the period. LPL Financial LLC increased its stake in Tompkins Financial by 12.3% during the 1st quarter. LPL Financial LLC now owns 35,507 shares of the financial services provider’s stock worth $2,236,000 after purchasing an additional 3,881 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Tompkins Financial by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 1,336,830 shares of the financial services provider’s stock worth $84,194,000 after buying an additional 30,927 shares during the period. 69.11% of the stock is currently owned by institutional investors.

Tompkins Financial Stock Performance

Shares of TMP opened at $67.55 on Tuesday. The firm has a market cap of $974.75 million, a P/E ratio of 11.47 and a beta of 0.88. Tompkins Financial Corporation has a twelve month low of $54.16 and a twelve month high of $79.01. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.95 and a current ratio of 0.92. The firm’s 50 day moving average price is $66.83 and its two-hundred day moving average price is $64.97.

Tompkins Financial (NYSEAMERICAN:TMP) last issued its quarterly earnings data on Friday, October 24th. The financial services provider reported $1.65 EPS for the quarter, missing analysts’ consensus estimates of $1.70 by ($0.05). The company had revenue of $87.44 million for the quarter, compared to analyst estimates of $87.00 million. Tompkins Financial had a return on equity of 11.24% and a net margin of 18.24%. On average, analysts forecast that Tompkins Financial Corporation will post 5.46 EPS for the current fiscal year.

Tompkins Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, November 7th will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $2.60 annualized dividend and a dividend yield of 3.8%. This is a positive change from Tompkins Financial’s previous quarterly dividend of $0.62. Tompkins Financial’s dividend payout ratio (DPR) is 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.