Stephens Inc. AR raised its holdings in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 26.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,601 shares of the financial services provider’s stock after purchasing an additional 2,030 shares during the period. Stephens Inc. AR owned about 0.06% of Tompkins Financial worth $727,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in TMP. BlackRock Inc. increased its holdings in shares of Tompkins Financial by 2.5% in the 4th quarter. BlackRock Inc. now owns 1,679,158 shares of the financial services provider’s stock valued at $136,599,000 after purchasing an additional 40,257 shares during the period. Geode Capital Management LLC increased its holdings in Tompkins Financial by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 109,945 shares of the financial services provider’s stock worth $8,944,000 after buying an additional 685 shares during the last quarter. Deutsche Bank AG boosted its position in Tompkins Financial by 96.2% during the fourth quarter. Deutsche Bank AG now owns 36,244 shares of the financial services provider’s stock worth $2,947,000 after purchasing an additional 17,772 shares during the period. Rhumbline Advisers boosted its position in Tompkins Financial by 11.1% during the fourth quarter. Rhumbline Advisers now owns 33,658 shares of the financial services provider’s stock worth $2,738,000 after purchasing an additional 3,359 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in Tompkins Financial by 80.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 28,863 shares of the financial services provider’s stock worth $2,348,000 after purchasing an additional 12,847 shares during the period.
Separately, Sandler O’Neill set a $84.00 price objective on Tompkins Financial and gave the company a “hold” rating in a research report on Monday, March 26th.
Tompkins Financial (NYSEAMERICAN:TMP) last released its quarterly earnings data on Friday, April 27th. The financial services provider reported $1.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.03. The business had revenue of $70.52 million for the quarter. Tompkins Financial had a return on equity of 11.95% and a net margin of 25.10%.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 15th. Investors of record on Tuesday, May 8th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Monday, May 7th.
Tompkins Financial Company Profile
Tompkins Financial Corporation operates as a community-based financial services company that 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.
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