Boston Trust Walden Corp Sells 52,150 Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP)

Boston Trust Walden Corp cut its stake in Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) by 24.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 162,182 shares of the financial services provider's stock after selling 52,150 shares during the quarter. Boston Trust Walden Corp owned approximately 1.13% of Tompkins Financial worth $9,768,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. BlackRock Inc. grew its stake in shares of Tompkins Financial by 2.5% in the third quarter. BlackRock Inc. now owns 2,080,018 shares of the financial services provider's stock valued at $151,049,000 after acquiring an additional 51,632 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Tompkins Financial by 0.8% in the first quarter. Vanguard Group Inc. now owns 1,436,006 shares of the financial services provider's stock valued at $112,397,000 after acquiring an additional 11,454 shares in the last quarter. State Street Corp grew its stake in shares of Tompkins Financial by 2.3% in the first quarter. State Street Corp now owns 1,326,832 shares of the financial services provider's stock valued at $87,850,000 after acquiring an additional 30,111 shares in the last quarter. Tompkins Financial Corp grew its stake in shares of Tompkins Financial by 1.6% in 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 acquiring an additional 18,305 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Tompkins Financial by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 480,562 shares of the financial services provider's stock worth $31,818,000 after buying an additional 14,449 shares in the last quarter. 69.11% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Tompkins Financial

In related news, Director Ita M. Rahilly acquired 1,982 shares of Tompkins Financial stock in a transaction dated Tuesday, February 20th. The stock was bought at an average price of $50.46 per share, with a total value of $100,011.72. Following the transaction, the director now directly owns 8,454 shares in the company, valued at approximately $426,588.84. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 4.31% of the company's stock.

Tompkins Financial Stock Down 1.3 %

NYSEAMERICAN TMP traded down $0.60 during trading hours on Friday, reaching $46.85. The company's stock had a trading volume of 42,513 shares, compared to its average volume of 59,150. The firm has a market cap of $675.11 million, a PE ratio of 73.20 and a beta of 0.65. Tompkins Financial Co. has a 52 week low of $46.31 and a 52 week high of $65.54. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.90 and a quick 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.27 by ($0.22). Tompkins Financial had a return on equity of 1.48% and a net margin of 3.09%. The firm had revenue of $71.21 million for the quarter, compared to the consensus estimate of $74.58 million. On average, research analysts forecast that Tompkins Financial Co. will post 4.94 EPS for the current year.

Tompkins Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 16th. Stockholders of record on Friday, February 9th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 5.12%. The ex-dividend date of this dividend was Thursday, February 8th. Tompkins Financial's dividend payout ratio (DPR) is 375.00%.

Analyst Upgrades and Downgrades

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

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.