Price T Rowe Associates Inc. MD Boosts Stake in Tompkins Financial Co. (NYSEAMERICAN:TMP)

Price T Rowe Associates Inc. MD grew its stake in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,790 shares of the financial services provider’s stock after acquiring an additional 843 shares during the quarter. Price T Rowe Associates Inc. MD owned about 0.10% of Tompkins Financial worth $1,004,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Barclays PLC grew its stake in Tompkins Financial by 115.7% during the 3rd quarter. Barclays PLC now owns 25,878 shares of the financial services provider’s stock worth $1,496,000 after buying an additional 13,878 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Tompkins Financial by 139.1% during the third quarter. JPMorgan Chase & Co. now owns 62,286 shares of the financial services provider’s stock valued at $3,600,000 after acquiring an additional 36,231 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Tompkins Financial by 17.9% in the 4th quarter. GAMMA Investing LLC now owns 1,034 shares of the financial services provider’s stock valued at $70,000 after purchasing an additional 157 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Tompkins Financial by 17.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 40,324 shares of the financial services provider’s stock worth $2,735,000 after purchasing an additional 5,956 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. raised its holdings in shares of Tompkins Financial by 14.5% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 122,701 shares of the financial services provider’s stock worth $8,323,000 after buying an additional 15,500 shares during the last quarter. 69.11% of the stock is owned by institutional investors.

Tompkins Financial Price Performance

Shares of TMP opened at $61.83 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.11. The firm’s fifty day moving average is $60.71. Tompkins Financial Co. has a 1-year low of $43.32 and a 1-year high of $79.01. The stock has a market capitalization of $889.73 million, a price-to-earnings ratio of 12.49 and a beta of 0.73.

Tompkins Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, May 9th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 4.01%. The ex-dividend date is Friday, May 9th. Tompkins Financial’s payout ratio is 50.10%.

Tompkins Financial Company Profile

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.