Cardinal Capital Management Has $1.17 Million Holdings in Tompkins Financial Corporation (NYSEAMERICAN:TMP)

Cardinal Capital Management increased its holdings in shares of Tompkins Financial Corporation (NYSEAMERICAN:TMP) by 10.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,511 shares of the financial services provider’s stock after acquiring an additional 1,745 shares during the period. Cardinal Capital Management owned about 0.13% of Tompkins Financial worth $1,166,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TMP. SG Americas Securities LLC raised its stake in shares of Tompkins Financial by 42.2% in the first quarter. SG Americas Securities LLC now owns 10,283 shares of the financial services provider’s stock worth $648,000 after acquiring an additional 3,050 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Tompkins Financial by 38.2% during the 1st 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. Tompkins Financial Corp boosted its position in Tompkins Financial by 1.7% in the 1st quarter. Tompkins Financial Corp now owns 1,159,812 shares of the financial services provider’s stock valued at $73,045,000 after buying an additional 19,034 shares during the last quarter. Wellington Management Group LLP acquired a new stake in shares of Tompkins Financial in the 4th quarter valued at $2,743,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Tompkins Financial by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 35,060 shares of the financial services provider’s stock worth $2,378,000 after acquiring an additional 692 shares during the last quarter. 69.11% of the stock is owned by institutional investors and hedge funds.

Tompkins Financial Price Performance

Shares of NYSEAMERICAN TMP opened at $59.81 on Wednesday. Tompkins Financial Corporation has a fifty-two week low of $43.84 and a fifty-two week high of $79.01. The firm has a market capitalization of $863.06 million, a price-to-earnings ratio of 11.64 and a beta of 0.91. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a 50 day simple moving average of $60.80.

Tompkins Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 9th were paid a $0.62 dividend. The ex-dividend date was Friday, May 9th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.15%. Tompkins Financial’s dividend payout ratio (DPR) is presently 50.10%.

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.