SG Americas Securities LLC Purchases 13,884 Shares of Tompkins Financial Corporation $TMP

SG Americas Securities LLC boosted its position in shares of Tompkins Financial Corporation (NYSEAMERICAN:TMP) by 104.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,168 shares of the financial services provider’s stock after acquiring an additional 13,884 shares during the period. SG Americas Securities LLC owned 0.19% of Tompkins Financial worth $1,970,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of Tompkins Financial by 95.4% during the third quarter. EverSource Wealth Advisors LLC now owns 551 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 269 shares in the last quarter. Quantbot Technologies LP purchased a new position in Tompkins Financial during the 2nd quarter worth $151,000. CWM LLC grew its stake in Tompkins Financial by 122.6% during the 3rd quarter. CWM LLC now owns 2,812 shares of the financial services provider’s stock worth $186,000 after buying an additional 1,549 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Tompkins Financial during the 2nd quarter valued at about $204,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in Tompkins Financial in the third quarter valued at about $212,000. 69.11% of the stock is currently owned by institutional investors and hedge funds.

Tompkins Financial Price Performance

Shares of NYSEAMERICAN TMP opened at $80.37 on Monday. Tompkins Financial Corporation has a fifty-two week low of $54.16 and a fifty-two week high of $86.95. The company has a market cap of $1.16 billion, a PE ratio of 7.16 and a beta of 0.73. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.95 and a current ratio of 0.95. The business has a 50-day simple moving average of $78.82 and a two-hundred day simple moving average of $72.98.

Tompkins Financial (NYSEAMERICAN:TMP) last posted its quarterly earnings data on Friday, January 30th. The financial services provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.01. The firm had revenue of $257.30 million for the quarter, compared to the consensus estimate of $136.16 million. Tompkins Financial had a net margin of 27.82% and a return on equity of 11.19%. As a group, equities analysts expect that Tompkins Financial Corporation will post 5.46 EPS for the current fiscal year.

Tompkins Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, February 22nd. Shareholders of record on Friday, February 13th were issued a $0.67 dividend. This is an increase from Tompkins Financial’s previous quarterly dividend of $0.65. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, February 13th. Tompkins Financial’s dividend payout ratio is 54.14%.

Tompkins Financial Company Profile

Tompkins Financial (NYSEAMERICAN:TMP) is a bank holding company headquartered in Ithaca, New York, that provides a diversified range of financial services. Through its principal banking subsidiary, Tompkins Trust Company, the firm offers commercial and consumer banking products including checking and savings accounts, mortgage loans, and credit facilities. Beyond traditional banking, Tompkins Financial delivers asset management, trust and estate planning, retirement services and investment advisory solutions.

In addition to its core banking operations, Tompkins Financial operates Tompkins Insurance Agencies, which offers property and casualty, life and health insurance coverages to individuals and businesses.