Sandler O’Neill set a $87.00 price target on Tompkins Financial (NYSEAMERICAN:TMP) in a research note released on Wednesday morning. The firm currently has a hold rating on the financial services provider’s stock.

Shares of Tompkins Financial (TMP) opened at $80.67 on Wednesday. The stock has a market cap of $1,230.00, a PE ratio of 18.72 and a beta of 0.75. Tompkins Financial has a one year low of $71.27 and a one year high of $93.89.

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

Several institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company grew its position in shares of Tompkins Financial by 0.7% during the second quarter. The Manufacturers Life Insurance Company now owns 10,861 shares of the financial services provider’s stock worth $855,000 after buying an additional 75 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of Tompkins Financial by 17.6% during the second quarter. Victory Capital Management Inc. now owns 2,209 shares of the financial services provider’s stock worth $174,000 after buying an additional 331 shares in the last quarter. Pinebridge Investments L.P. grew its position in shares of Tompkins Financial by 5.5% during the second quarter. Pinebridge Investments L.P. now owns 8,178 shares of the financial services provider’s stock worth $644,000 after buying an additional 429 shares in the last quarter. Voya Investment Management LLC grew its position in shares of Tompkins Financial by 6.1% during the second quarter. Voya Investment Management LLC now owns 8,218 shares of the financial services provider’s stock worth $647,000 after buying an additional 476 shares in the last quarter. Finally, Thrivent Financial For Lutherans grew its position in shares of Tompkins Financial by 7.0% during the second quarter. Thrivent Financial For Lutherans now owns 7,500 shares of the financial services provider’s stock worth $590,000 after buying an additional 490 shares in the last quarter.

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Tompkins Financial Company Profile

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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