Deutsche Bank AG Buys 4,572 Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP)

Deutsche Bank AG lifted its position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) by 58.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,418 shares of the financial services provider's stock after acquiring an additional 4,572 shares during the period. Deutsche Bank AG owned approximately 0.09% of Tompkins Financial worth $842,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Tompkins Financial by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 1,305,903 shares of the financial services provider's stock valued at $88,579,000 after buying an additional 4,173 shares in the last quarter. Northern Trust Corp increased its stake in shares of Tompkins Financial by 2.5% in the fourth quarter. Northern Trust Corp now owns 145,899 shares of the financial services provider's stock worth $9,896,000 after purchasing an additional 3,492 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Tompkins Financial by 20.3% in the fourth quarter. Bank of New York Mellon Corp now owns 135,613 shares of the financial services provider's stock worth $9,199,000 after purchasing an additional 22,851 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Tompkins Financial by 50.2% in the fourth quarter. American Century Companies Inc. now owns 123,654 shares of the financial services provider's stock worth $8,387,000 after purchasing an additional 41,329 shares in the last quarter. Finally, Cornell Pochily Investment Advisors Inc. boosted its position in shares of Tompkins Financial by 14.5% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 122,701 shares of the financial services provider's stock valued at $8,323,000 after acquiring an additional 15,500 shares during the period. Institutional investors own 69.11% of the company's stock.

Tompkins Financial Trading Up 0.1%

Shares of TMP stock traded up $0.05 during trading hours on Friday, reaching $61.82. The stock had a trading volume of 47,811 shares, compared to its average volume of 55,410. The stock has a fifty day simple moving average of $60.60. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.11. Tompkins Financial Co. has a 12 month low of $43.32 and a 12 month high of $79.01. The firm has a market capitalization of $889.59 million, a price-to-earnings ratio of 12.49 and a beta of 0.73.

Tompkins Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 9th were paid a $0.62 dividend. The ex-dividend date was Friday, May 9th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.01%. Tompkins Financial's dividend payout ratio (DPR) is 50.10%.

Tompkins Financial 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.