D. E. Shaw & Co. Inc. Sells 13,666 Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP)

D. E. Shaw & Co. Inc. decreased its position in Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) by 58.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,766 shares of the financial services provider's stock after selling 13,666 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.07% of Tompkins Financial worth $662,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in Tompkins Financial during the fourth quarter valued at approximately $27,000. Sterling Capital Management LLC lifted its position in shares of Tompkins Financial by 784.8% during the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 361 shares during the last quarter. Aquatic Capital Management LLC bought a new stake in shares of Tompkins Financial during the 4th quarter worth $49,000. Russell Investments Group Ltd. grew its holdings in shares of Tompkins Financial by 21,563.6% in the 4th quarter. Russell Investments Group Ltd. now owns 2,383 shares of the financial services provider's stock worth $162,000 after acquiring an additional 2,372 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Tompkins Financial during the fourth quarter worth $163,000. Institutional investors and hedge funds own 69.11% of the company's stock.

Tompkins Financial Stock Performance

Shares of NYSEAMERICAN:TMP traded up $0.79 during mid-day trading on Thursday, hitting $61.77. The stock had a trading volume of 39,715 shares, compared to its average volume of 55,346. The firm's 50 day simple moving average is $60.65. Tompkins Financial Co. has a 12-month low of $43.32 and a 12-month high of $79.01. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $888.87 million, a P/E ratio of 12.48 and a beta of 0.73.

Tompkins Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend was Friday, May 9th. Tompkins Financial's payout ratio is 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.