Tompkins Financial Co. (NYSEAMERICAN:TMP) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC increased its stake in Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) by 8,603.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,998 shares of the financial services provider's stock after acquiring an additional 88,964 shares during the period. GAMMA Investing LLC owned approximately 0.63% of Tompkins Financial worth $5,668,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of TMP. Wilmington Savings Fund Society FSB acquired a new stake in Tompkins Financial during the 4th quarter worth $27,000. Sterling Capital Management LLC grew its stake in shares of Tompkins Financial by 784.8% in the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 361 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in shares of Tompkins Financial in the fourth quarter valued at approximately $49,000. Russell Investments Group Ltd. lifted its stake in shares of 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 acquiring an additional 2,372 shares during the period. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of Tompkins Financial during the 4th quarter worth approximately $163,000. 69.11% of the stock is owned by institutional investors and hedge funds.

Tompkins Financial Stock Down 0.3%

Shares of Tompkins Financial stock traded down $0.20 on Wednesday, hitting $62.76. The company's stock had a trading volume of 36,955 shares, compared to its average volume of 55,061. Tompkins Financial Co. has a 52-week low of $43.70 and a 52-week 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. The business has a fifty day moving average of $60.43. The stock has a market cap of $903.12 million, a P/E ratio of 12.68 and a beta of 0.73.

Tompkins Financial Announces Dividend

The firm also recently announced 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 was Friday, May 9th. This represents a $2.48 annualized dividend and a yield of 3.95%. 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.