Tompkins Financial Co. (NYSEAMERICAN:TMP) Stock Holdings Decreased by Millennium Management LLC

Millennium Management LLC reduced its holdings in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) by 54.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,998 shares of the financial services provider's stock after selling 24,890 shares during the quarter. Millennium Management LLC owned approximately 0.15% of Tompkins Financial worth $1,424,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Jacobs Levy Equity Management Inc. grew its holdings in shares of Tompkins Financial by 4.1% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 5,310 shares of the financial services provider's stock worth $360,000 after buying an additional 208 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Tompkins Financial by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,245 shares of the financial services provider's stock worth $491,000 after buying an additional 253 shares in the last quarter. Keybank National Association OH grew its holdings in shares of Tompkins Financial by 3.2% during the fourth quarter. Keybank National Association OH now owns 9,681 shares of the financial services provider's stock worth $657,000 after buying an additional 302 shares in the last quarter. Sterling Capital Management LLC grew its holdings in shares of Tompkins Financial by 784.8% during the fourth quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider's stock worth $28,000 after buying an additional 361 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Tompkins Financial during the fourth quarter worth about $27,000. 69.11% of the stock is currently owned by hedge funds and other institutional investors.

Tompkins Financial Trading Up 2.6%

Shares of TMP traded up $1.56 during mid-day trading on Friday, reaching $61.93. The company had a trading volume of 42,361 shares, compared to its average volume of 55,311. The firm has a market capitalization of $891.17 million, a PE ratio of 12.51 and a beta of 0.73. The company's fifty day simple moving average is $60.35. Tompkins Financial Co. has a fifty-two week low of $43.32 and a fifty-two week high of $79.01. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.92 and a current ratio of 0.96.

Tompkins Financial Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Friday, May 9th. This represents a $2.48 annualized dividend and a dividend yield of 4.00%. Tompkins Financial's payout ratio 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.