John G Ullman & Associates Inc. Sells 1,180 Shares of Tompkins Financial Corporation $TMP

John G Ullman & Associates Inc. lessened its stake in shares of Tompkins Financial Corporation (NYSEAMERICAN:TMP) by 1.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. 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. owned about 0.60% of Tompkins Financial worth $5,426,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in TMP. GAMMA Investing LLC boosted its stake in shares of 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 acquiring an additional 395 shares in the last quarter. von Borstel & Associates Inc. bought a new position in shares of Tompkins Financial in the first quarter worth about $95,000. CWM LLC increased its stake in shares of Tompkins Financial by 66.3% in the first quarter. CWM LLC now owns 1,848 shares of the financial services provider’s stock worth $116,000 after purchasing an additional 737 shares during the period. Heritage Investment Group Inc. bought a new position in shares of Tompkins Financial in the first quarter worth about $229,000. Finally, State of Alaska Department of Revenue increased its stake in shares of Tompkins Financial by 7.1% in the second quarter. State of Alaska Department of Revenue now owns 7,455 shares of the financial services provider’s stock worth $467,000 after purchasing an additional 496 shares during the period. Institutional investors own 69.11% of the company’s stock.

Tompkins Financial Trading Up 2.1%

Tompkins Financial stock opened at $63.40 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.95 and a current ratio of 0.95. The business’s 50-day simple moving average is $67.58 and its 200-day simple moving average is $63.98. The firm has a market capitalization of $914.86 million, a PE ratio of 11.44 and a beta of 0.88. Tompkins Financial Corporation has a 52 week low of $54.16 and a 52 week high of $79.01.

Tompkins Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 8th were paid a $0.62 dividend. The ex-dividend date was Friday, August 8th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.9%. 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.