Community Bank N.A. grew its stake in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 183.7% during the second quarter, HoldingsChannel reports. The firm owned 6,950 shares of the financial services provider’s stock after purchasing an additional 4,500 shares during the quarter. Community Bank N.A.’s holdings in Tompkins Financial were worth $450,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. John G Ullman & Associates Inc. bought a new stake in Tompkins Financial during the 2nd quarter valued at approximately $4,128,000. State Street Corp raised its stake in Tompkins Financial by 8.5% during the first quarter. State Street Corp now owns 443,686 shares of the financial services provider’s stock valued at $31,857,000 after buying an additional 34,678 shares during the last quarter. UBS Group AG raised its position in shares of Tompkins Financial by 135.6% in the 4th quarter. UBS Group AG now owns 47,392 shares of the financial services provider’s stock worth $4,336,000 after purchasing an additional 27,278 shares during the last quarter. First Trust Advisors LP raised its holdings in Tompkins Financial by 333.7% in the first quarter. First Trust Advisors LP now owns 28,442 shares of the financial services provider’s stock worth $2,164,000 after buying an additional 21,884 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Tompkins Financial by 10.5% in the 1st quarter. Geode Capital Management LLC now owns 192,815 shares of the financial services provider’s stock worth $13,844,000 after acquiring an additional 18,372 shares during the last quarter.
Shares of NYSEAMERICAN:TMP traded down $0.90 during mid-day trading on Friday, reaching $64.53. 46,752 shares of the company traded hands, compared to its average volume of 48,065. Tompkins Financial Co. has a 52 week low of $53.32 and a 52 week high of $93.66.
Tompkins Financial (NYSEAMERICAN:TMP) last released its earnings results on Friday, July 24th. The financial services provider reported $1.47 EPS for the quarter, topping the consensus estimate of $0.57 by $0.90. The company had revenue of $73.54 million during the quarter, compared to analysts’ expectations of $71.52 million.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 3rd will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date is Friday, July 31st.
Separately, Zacks Investment Research upgraded shares of Tompkins Financial from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd.
Tompkins Financial 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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