Voya Investment Management LLC Increases Stake in Tompkins Financial Co. (NYSEAMERICAN:TMP)

Voya Investment Management LLC lifted its holdings in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) by 97.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,275 shares of the financial services provider's stock after acquiring an additional 4,572 shares during the quarter. Voya Investment Management LLC owned approximately 0.06% of Tompkins Financial worth $629,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TMP. Wilmington Savings Fund Society FSB purchased a new position in shares of Tompkins Financial in the 4th quarter worth about $27,000. Sterling Capital Management LLC raised its position 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 worth $28,000 after purchasing an additional 361 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Tompkins Financial by 17.9% in the 4th quarter. GAMMA Investing LLC now owns 1,034 shares of the financial services provider's stock worth $70,000 after purchasing an additional 157 shares during the last quarter. Russell Investments Group Ltd. raised its position 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 purchasing an additional 2,372 shares during the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of Tompkins Financial in the 4th quarter worth about $163,000. Institutional investors own 69.11% of the company's stock.

Tompkins Financial Trading Down 0.6%

NYSEAMERICAN:TMP traded down $0.39 during mid-day trading on Wednesday, reaching $64.67. The company's stock had a trading volume of 11,863 shares, compared to its average volume of 55,289. Tompkins Financial Co. has a 12-month low of $43.32 and a 12-month high of $79.01. The stock has a market capitalization of $930.64 million, a PE ratio of 13.07 and a beta of 0.73. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11. The firm's fifty day simple moving average is $60.86.

Tompkins Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, May 9th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $2.48 annualized dividend and a yield of 3.83%. Tompkins Financial's payout ratio is 50.10%.

About Tompkins Financial

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.