ProShare Advisors LLC Sells 20,813 Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP)

ProShare Advisors LLC trimmed its position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) by 16.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 103,827 shares of the financial services provider's stock after selling 20,813 shares during the period. ProShare Advisors LLC owned 0.72% of Tompkins Financial worth $7,043,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Jacobs Levy Equity Management Inc. grew its holdings in 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 valued at $360,000 after purchasing an additional 208 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position 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 acquiring an additional 253 shares in the last quarter. Keybank National Association OH lifted its position 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 acquiring an additional 302 shares in the last quarter. Sterling Capital Management LLC lifted its position 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 acquiring 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 $27,000. 69.11% of the stock is owned by institutional investors.

Tompkins Financial Price Performance

Shares of NYSEAMERICAN:TMP traded down $0.33 during trading on Friday, hitting $60.59. 37,166 shares of the company were exchanged, compared to its average volume of 55,417. The firm has a market cap of $871.89 million, a P/E ratio of 12.24 and a beta of 0.73. The firm's 50 day moving average is $60.88. Tompkins Financial Co. has a 52-week low of $43.32 and a 52-week 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.

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 given 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 4.09%. Tompkins Financial's dividend payout ratio (DPR) is presently 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.