Wilmington Savings Fund Society FSB Buys Shares of 400 Tompkins Financial Co. (NYSEAMERICAN:TMP)

Wilmington Savings Fund Society FSB bought a new stake in Tompkins Financial Co. (NYSEAMERICAN:TMP) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 400 shares of the financial services provider’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. nVerses Capital LLC grew its holdings in shares of Tompkins Financial by 100.0% during the third quarter. nVerses Capital LLC now owns 600 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 300 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Tompkins Financial by 238.8% during the fourth quarter. Versant Capital Management Inc now owns 603 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 425 shares during the last quarter. Eastern Bank bought a new stake in Tompkins Financial in the third quarter valued at approximately $67,000. GAMMA Investing LLC boosted its holdings in Tompkins Financial by 17.9% in the fourth quarter. GAMMA Investing LLC now owns 1,034 shares of the financial services provider’s stock valued at $70,000 after acquiring an additional 157 shares during the last quarter. Finally, FMR LLC boosted its holdings in Tompkins Financial by 14.3% in the third quarter. FMR LLC now owns 1,731 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 216 shares during the last quarter. Institutional investors own 69.11% of the company’s stock.

Tompkins Financial Stock Down 1.5 %

Shares of NYSEAMERICAN:TMP opened at $69.69 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11. Tompkins Financial Co. has a twelve month low of $43.09 and a twelve month high of $79.01. The company has a market cap of $1.00 billion, a PE ratio of 14.08 and a beta of 0.73.

Tompkins Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 14th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date of this dividend is Friday, February 14th. Tompkins Financial’s payout ratio is 50.10%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler began coverage on Tompkins Financial in a report on Friday, December 20th. They issued a “neutral” rating and a $70.00 target price on the stock.

About Tompkins Financial

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.