JPMorgan Chase & Co. boosted its position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) by 76.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,668 shares of the financial services provider's stock after acquiring an additional 47,382 shares during the quarter. JPMorgan Chase & Co. owned 0.76% of Tompkins Financial worth $7,439,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its holdings in shares of Tompkins Financial by 50.2% during the fourth quarter. American Century Companies Inc. now owns 123,654 shares of the financial services provider's stock worth $8,387,000 after acquiring an additional 41,329 shares during the period. LPL Financial LLC boosted its stake in Tompkins Financial by 476.0% in the 4th quarter. LPL Financial LLC now owns 31,626 shares of the financial services provider's stock valued at $2,145,000 after purchasing an additional 26,135 shares during the period. Proficio Capital Partners LLC bought a new stake in Tompkins Financial in the 4th quarter valued at $1,661,000. Bank of New York Mellon Corp grew its holdings in Tompkins Financial by 20.3% in the 4th quarter. Bank of New York Mellon Corp now owns 135,613 shares of the financial services provider's stock valued at $9,199,000 after buying an additional 22,851 shares in the last quarter. Finally, Teacher Retirement System of Texas bought a new position in Tompkins Financial during the 4th quarter worth $1,204,000. Institutional investors and hedge funds own 69.11% of the company's stock.
Tompkins Financial Price Performance
Tompkins Financial stock traded up $2.44 during mid-day trading on Tuesday, reaching $58.09. 45,923 shares of the company were exchanged, compared to its average volume of 55,259. The firm has a market cap of $835.92 million, a PE ratio of 11.74 and a beta of 0.73. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.96 and a quick ratio of 0.92. Tompkins Financial Co. has a 12 month low of $43.32 and a 12 month high of $79.01.
Tompkins Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 14th were paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date was Friday, February 14th. Tompkins Financial's dividend payout ratio (DPR) is presently 50.10%.
Tompkins Financial Company Profile
(
Free Report)
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.
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