Deutsche Bank AG lifted its holdings in 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 fund 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 0.09% of Tompkins Financial worth $842,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in TMP. Wilmington Savings Fund Society FSB purchased a new stake in Tompkins Financial in the 4th quarter worth about $27,000. Sterling Capital Management LLC raised its position in Tompkins Financial by 784.8% in the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider's stock worth $28,000 after purchasing an additional 361 shares during the period. Aquatic Capital Management LLC purchased a new stake in Tompkins Financial in the 4th quarter worth about $49,000. Russell Investments Group Ltd. raised its position in 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 purchasing an additional 2,372 shares during the period. Finally, KLP Kapitalforvaltning AS purchased a new stake in Tompkins Financial in the 4th quarter worth about $163,000. Institutional investors own 69.11% of the company's stock.
Tompkins Financial Price Performance
Shares of NYSEAMERICAN:TMP traded up $0.03 during trading on Friday, reaching $61.80. 22,169 shares of the company were exchanged, compared to its average volume of 55,216. The company has a market capitalization of $889.30 million, a price-to-earnings ratio of 12.45 and a beta of 0.73. The business's fifty 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 quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.11.
Tompkins Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 4.01%. The ex-dividend date was Friday, May 9th. Tompkins Financial's payout ratio is 50.10%.
Tompkins Financial Company Profile
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Free Report)
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.
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