Tompkins Financial Co. (TMP) Shares Bought by Commonwealth Equity Services Inc

Commonwealth Equity Services Inc lifted its holdings in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 36.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,596 shares of the financial services provider’s stock after buying an additional 1,482 shares during the period. Commonwealth Equity Services Inc’s holdings in Tompkins Financial were worth $482,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company increased its holdings in Tompkins Financial by 0.7% in the second quarter. The Manufacturers Life Insurance Company now owns 10,861 shares of the financial services provider’s stock valued at $855,000 after buying an additional 75 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its stake in shares of Tompkins Financial by 3.9% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,900 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 110 shares in the last quarter. Texas Permanent School Fund increased its stake in shares of Tompkins Financial by 1.5% during the 2nd quarter. Texas Permanent School Fund now owns 9,022 shares of the financial services provider’s stock worth $710,000 after purchasing an additional 137 shares in the last quarter. QCI Asset Management Inc. NY boosted its position in Tompkins Financial by 1.6% during the second quarter. QCI Asset Management Inc. NY now owns 19,579 shares of the financial services provider’s stock worth $1,541,000 after acquiring an additional 305 shares during the last quarter. Finally, Capstone Asset Management Co. boosted its position in Tompkins Financial by 9.3% during the second quarter. Capstone Asset Management Co. now owns 3,762 shares of the financial services provider’s stock worth $296,000 after acquiring an additional 320 shares during the last quarter.

Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) traded down $1.60 during midday trading on Monday, reaching $83.75. 18,000 shares of the company were exchanged, compared to its average volume of 34,493. Tompkins Financial Co. has a 1 year low of $71.27 and a 1 year high of $96.70.

Tompkins Financial (NYSEAMERICAN:TMP) last announced its quarterly earnings results on Friday, October 27th. The financial services provider reported $1.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.13 by $0.01. Tompkins Financial had a net margin of 25.55% and a return on equity of 11.81%. The company had revenue of $68.20 million for the quarter.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, November 7th were paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Monday, November 6th. This is an increase from Tompkins Financial’s previous quarterly dividend of $0.45. Tompkins Financial’s dividend payout ratio (DPR) is currently 43.62%.

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About Tompkins Financial

Tompkins Financial Corporation (Tompkins) is a financial holding company. The Company is a community-based financial services company that offers an array of products and services, including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, insurance, and brokerage services.

Institutional Ownership by Quarter for Tompkins Financial (NYSEAMERICAN:TMP)

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