Sheaff Brock Investment Advisors LLC purchased a new stake in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,500 shares of the financial services provider’s stock, valued at approximately $215,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. ProShare Advisors LLC bought a new stake in shares of Tompkins Financial in the 2nd quarter valued at approximately $6,967,000. Vanguard Group Inc. grew its stake in shares of Tompkins Financial by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 1,442,716 shares of the financial services provider’s stock valued at $113,571,000 after purchasing an additional 42,726 shares during the period. State Street Corp grew its stake in shares of Tompkins Financial by 4.5% in the 2nd quarter. State Street Corp now owns 347,008 shares of the financial services provider’s stock valued at $27,321,000 after purchasing an additional 14,834 shares during the period. Schwab Charles Investment Management Inc. grew its position in Tompkins Financial by 11.0% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 66,072 shares of the financial services provider’s stock worth $5,692,000 after acquiring an additional 6,521 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Tompkins Financial by 32.7% during the 1st quarter. Bank of America Corp DE now owns 24,809 shares of the financial services provider’s stock worth $1,998,000 after acquiring an additional 6,117 shares during the last quarter.
Tompkins Financial Co. (NYSEAMERICAN TMP) traded down $0.55 during midday trading on Thursday, reaching $85.96. The company had a trading volume of 26,100 shares, compared to its average volume of 34,634. Tompkins Financial Co. has a 1-year low of $71.27 and a 1-year high of $96.70.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, November 7th were issued a dividend of $0.47 per share. This is an increase from Tompkins Financial’s previous quarterly dividend of $0.45. The ex-dividend date was Monday, November 6th. This represents a $1.88 annualized dividend and a yield of 2.19%. Tompkins Financial’s dividend payout ratio is currently 43.62%.
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Tompkins Financial Profile
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.
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