Raymond James Financial Services Advisors Inc. bought a new position in Tompkins Financial Co. (NYSEAMERICAN:TMP) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,533 shares of the financial services provider’s stock, valued at approximately $218,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TMP. KBC Group NV raised its position in shares of Tompkins Financial by 689.5% during the 2nd quarter. KBC Group NV now owns 2,021 shares of the financial services provider’s stock valued at $159,000 after buying an additional 1,765 shares during the period. Victory Capital Management Inc. raised its position in shares of Tompkins Financial by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 2,209 shares of the financial services provider’s stock valued at $174,000 after buying an additional 331 shares during the period. Piedmont Investment Advisors LLC purchased a new stake in shares of Tompkins Financial during the 2nd quarter valued at approximately $210,000. Municipal Employees Retirement System of Michigan raised its position in shares of Tompkins Financial by 3.9% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,900 shares of the financial services provider’s stock valued at $228,000 after buying an additional 110 shares during the period. Finally, Aperio Group LLC raised its position in shares of Tompkins Financial by 14.3% during the 2nd quarter. Aperio Group LLC now owns 3,144 shares of the financial services provider’s stock valued at $248,000 after buying an additional 393 shares during the period.

Tompkins Financial Co. (NYSEAMERICAN:TMP) traded down $1.60 during mid-day trading on Monday, hitting $83.75. 18,000 shares of the stock traded hands, compared to its average volume of 34,493. Tompkins Financial Co. has a 1 year low of $71.27 and a 1 year high of $96.70.

Tompkins Financial (NYSEAMERICAN:TMP) last released its quarterly earnings results on Friday, October 27th. The financial services provider reported $1.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.13 by $0.01. Tompkins Financial had a net margin of 25.55% and a return on equity of 11.81%. The firm had revenue of $68.20 million for the quarter.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, November 7th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend was Monday, November 6th. This is an increase from Tompkins Financial’s previous quarterly dividend of $0.45. Tompkins Financial’s dividend payout ratio (DPR) is 43.62%.

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About Tompkins Financial

Tompkins Financial Corporation (Tompkins) is a financial holding company. The Company is a community-based financial services company that offers an array of products and services, including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, insurance, and brokerage services.

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Institutional Ownership by Quarter for Tompkins Financial (NYSEAMERICAN:TMP)

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