John G Ullman & Associates Inc. Has $5.43 Million Stock Holdings in Tompkins Financial Corporation $TMP

John G Ullman & Associates Inc. cut its position in shares of Tompkins Financial Corporation (NYSEAMERICAN:TMP) by 1.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 86,504 shares of the financial services provider’s stock after selling 1,180 shares during the quarter. John G Ullman & Associates Inc.’s holdings in Tompkins Financial were worth $5,426,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in TMP. GAMMA Investing LLC grew its position in Tompkins Financial by 38.2% during the first quarter. GAMMA Investing LLC now owns 1,429 shares of the financial services provider’s stock worth $90,000 after buying an additional 395 shares in the last quarter. SG Americas Securities LLC grew its position in Tompkins Financial by 42.2% during the first quarter. SG Americas Securities LLC now owns 10,283 shares of the financial services provider’s stock worth $648,000 after buying an additional 3,050 shares in the last quarter. Heritage Investment Group Inc. acquired a new stake in Tompkins Financial during the first quarter worth about $229,000. Principal Financial Group Inc. grew its position in Tompkins Financial by 3.0% during the first quarter. Principal Financial Group Inc. now owns 62,552 shares of the financial services provider’s stock worth $3,940,000 after buying an additional 1,829 shares in the last quarter. Finally, von Borstel & Associates Inc. acquired a new stake in Tompkins Financial during the first quarter worth about $95,000. 69.11% of the stock is owned by institutional investors and hedge funds.

Tompkins Financial Stock Up 2.1%

TMP stock opened at $63.40 on Friday. Tompkins Financial Corporation has a twelve month low of $54.16 and a twelve month high of $79.01. The company has a market cap of $914.86 million, a PE ratio of 11.44 and a beta of 0.88. The business’s 50-day simple moving average is $67.58 and its 200 day simple moving average is $63.98. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.88.

Tompkins Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 8th were issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, August 8th. Tompkins Financial’s payout ratio 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.