Tompkins Financial (NYSEAMERICAN:TMP) Hits New 52-Week Low at $45.82

Tompkins Financial Co. (NYSEAMERICAN:TMP - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $45.82 and last traded at $45.82, with a volume of 3032 shares changing hands. The stock had previously closed at $47.77.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Tompkins Financial to a "sell" rating in a report on Friday, January 12th.

Tompkins Financial Stock Performance

The stock has a market capitalization of $639.23 million, a P/E ratio of 69.31 and a beta of 0.65. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.90 and a current ratio of 0.90.

Tompkins Financial (NYSEAMERICAN:TMP - Get Free Report) last released its quarterly earnings results on Friday, January 26th. The financial services provider reported $1.05 EPS for the quarter, missing analysts' consensus estimates of $1.27 by ($0.22). Tompkins Financial had a return on equity of 1.48% and a net margin of 3.09%. The company had revenue of $71.21 million for the quarter, compared to the consensus estimate of $74.58 million. On average, sell-side analysts anticipate that Tompkins Financial Co. will post 4.94 earnings per share for the current fiscal year.

Tompkins Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 16th. Investors of record on Friday, February 9th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, February 8th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.41%. Tompkins Financial's payout ratio is currently 375.00%.

Insider Buying and Selling

In other news, Director Ita M. Rahilly purchased 1,982 shares of the business's stock in a transaction dated Tuesday, February 20th. The shares were acquired at an average price of $50.46 per share, for a total transaction of $100,011.72. Following the completion of the acquisition, the director now directly owns 8,454 shares of the company's stock, valued at $426,588.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 4.31% of the company's stock.

Institutional Investors Weigh In On Tompkins Financial

A number of large investors have recently made changes to their positions in the company. Boston Trust Walden Corp grew its position in Tompkins Financial by 1.9% during the third quarter. Boston Trust Walden Corp now owns 214,332 shares of the financial services provider's stock valued at $10,500,000 after purchasing an additional 4,093 shares in the last quarter. LVW Advisors LLC purchased a new position in Tompkins Financial during the fourth quarter valued at approximately $246,000. Barclays PLC grew its position in Tompkins Financial by 40.8% during the second quarter. Barclays PLC now owns 14,627 shares of the financial services provider's stock valued at $814,000 after purchasing an additional 4,241 shares in the last quarter. Tompkins Financial Corp grew its position in Tompkins Financial by 1.6% during the fourth quarter. Tompkins Financial Corp now owns 1,181,017 shares of the financial services provider's stock valued at $71,133,000 after purchasing an additional 18,305 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV purchased a new position in Tompkins Financial during the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 69.11% of the company's stock.

Tompkins Financial Company 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.