New York State Teachers Retirement System Purchases 515 Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP)

New York State Teachers Retirement System lifted its position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,217 shares of the financial services provider’s stock after acquiring an additional 515 shares during the period. New York State Teachers Retirement System owned approximately 0.15% of Tompkins Financial worth $1,439,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in Tompkins Financial in the 4th quarter valued at approximately $27,000. Versant Capital Management Inc lifted its stake in Tompkins Financial by 238.8% in the 4th quarter. Versant Capital Management Inc now owns 603 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 425 shares during the last quarter. GAMMA Investing LLC lifted its stake in Tompkins Financial by 17.9% in the 4th quarter. GAMMA Investing LLC now owns 1,034 shares of the financial services provider’s stock valued at $70,000 after purchasing an additional 157 shares during the last quarter. FMR LLC lifted its stake in Tompkins Financial by 14.3% in the 3rd quarter. FMR LLC now owns 1,731 shares of the financial services provider’s stock valued at $100,000 after purchasing an additional 216 shares during the last quarter. Finally, Intech Investment Management LLC bought a new position in Tompkins Financial in the 3rd quarter valued at approximately $215,000. Institutional investors own 69.11% of the company’s stock.

Tompkins Financial Trading Down 0.6 %

Shares of NYSEAMERICAN:TMP opened at $68.77 on Monday. The firm has a market cap of $989.60 million, a PE ratio of 13.89 and a beta of 0.73. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11. Tompkins Financial Co. has a 52 week low of $43.09 and a 52 week high of $79.01.

Tompkins Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 14th were issued a $0.62 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.48 annualized dividend and a yield of 3.61%. Tompkins Financial’s payout ratio is 50.10%.

Analysts Set New Price Targets

Separately, Piper Sandler assumed coverage on shares of Tompkins Financial in a report on Friday, December 20th. They set a “neutral” rating and a $70.00 price target on the stock.

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.