Man Group plc purchased a new position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,285 shares of the financial services provider's stock, valued at approximately $1,172,000. Man Group plc owned approximately 0.12% of Tompkins Financial at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. Jacobs Levy Equity Management Inc. boosted its stake in shares of Tompkins Financial by 4.1% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 5,310 shares of the financial services provider's stock worth $360,000 after acquiring an additional 208 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Tompkins Financial by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,245 shares of the financial services provider's stock worth $491,000 after purchasing an additional 253 shares during the last quarter. Keybank National Association OH raised its position in shares of Tompkins Financial by 3.2% during the 4th quarter. Keybank National Association OH now owns 9,681 shares of the financial services provider's stock worth $657,000 after purchasing an additional 302 shares during the last quarter. Sterling Capital Management LLC raised 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 worth $28,000 after purchasing an additional 361 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Tompkins Financial during the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 69.11% of the company's stock.
Tompkins Financial Stock Up 0.7%
Shares of Tompkins Financial stock traded up $0.42 during trading on Thursday, hitting $61.40. 5,595 shares of the company were exchanged, compared to its average volume of 50,189. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.96 and a quick ratio of 0.92. Tompkins Financial Co. has a fifty-two week low of $43.32 and a fifty-two week high of $79.01. The stock has a market cap of $883.55 million, a PE ratio of 12.40 and a beta of 0.73. The stock has a 50 day moving average of $60.71.
Tompkins Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were given a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.48 dividend on an annualized basis and a yield of 4.04%. Tompkins Financial's dividend payout ratio (DPR) is 50.10%.
About Tompkins Financial
(
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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