Cornell Pochily Investment Advisors Inc. Has $7.69 Million Stock Holdings in Tompkins Financial Co. (NYSEAMERICAN:TMP)

Cornell Pochily Investment Advisors Inc. trimmed its position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 0.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 122,136 shares of the financial services provider’s stock after selling 565 shares during the quarter. Tompkins Financial comprises 2.7% of Cornell Pochily Investment Advisors Inc.’s holdings, making the stock its 6th biggest holding. Cornell Pochily Investment Advisors Inc.’s holdings in Tompkins Financial were worth $7,692,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Tompkins Financial by 4.1% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 5,310 shares of the financial services provider’s stock worth $360,000 after acquiring an additional 208 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Tompkins Financial by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,245 shares of the financial services provider’s stock valued at $491,000 after buying an additional 253 shares during the period. Keybank National Association OH increased its position in shares of Tompkins Financial by 3.2% during the fourth quarter. Keybank National Association OH now owns 9,681 shares of the financial services provider’s stock valued at $657,000 after buying an additional 302 shares during the period. Sterling Capital Management LLC lifted its holdings in shares of Tompkins Financial by 784.8% in the fourth quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider’s stock worth $28,000 after buying an additional 361 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Tompkins Financial by 38.2% in the first quarter. GAMMA Investing LLC now owns 1,429 shares of the financial services provider’s stock valued at $90,000 after acquiring an additional 395 shares during the period. Hedge funds and other institutional investors own 69.11% of the company’s stock.

Tompkins Financial Trading Down 3.6%

Shares of NYSEAMERICAN:TMP opened at $60.89 on Friday. The company’s 50 day moving average price is $60.72. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $876.21 million, a PE ratio of 12.30 and a beta of 0.73. Tompkins Financial Co. has a 12 month low of $43.70 and a 12 month high of $79.01.

Tompkins Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were given a $0.62 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.07%. Tompkins Financial’s dividend payout ratio (DPR) is presently 50.10%.

Tompkins Financial 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.