SG Americas Securities LLC Has $524,000 Holdings in Tompkins Financial Co. (NYSEAMERICAN:TMP)

SG Americas Securities LLC boosted its stake in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 57.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,070 shares of the financial services provider’s stock after purchasing an additional 3,302 shares during the period. SG Americas Securities LLC owned about 0.06% of Tompkins Financial worth $524,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TMP. Wealth Enhancement Advisory Services LLC raised its holdings in Tompkins Financial by 1.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 35,803 shares of the financial services provider’s stock worth $1,801,000 after purchasing an additional 575 shares during the last quarter. CWM LLC raised its stake in Tompkins Financial by 253.2% during the second quarter. CWM LLC now owns 890 shares of the financial services provider’s stock worth $44,000 after buying an additional 638 shares during the last quarter. EntryPoint Capital LLC lifted its holdings in Tompkins Financial by 88.3% in the first quarter. EntryPoint Capital LLC now owns 1,474 shares of the financial services provider’s stock valued at $74,000 after buying an additional 691 shares during the period. PNC Financial Services Group Inc. boosted its position in Tompkins Financial by 107.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,801 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 932 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in Tompkins Financial by 23.8% during the 2nd quarter. Sei Investments Co. now owns 5,194 shares of the financial services provider’s stock worth $254,000 after acquiring an additional 1,000 shares during the period. 69.11% of the stock is owned by institutional investors.

Tompkins Financial Price Performance

Shares of Tompkins Financial stock opened at $63.89 on Wednesday. The company has a market capitalization of $920.02 million, a PE ratio of 65.19 and a beta of 0.69. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.94 and a quick ratio of 0.94. Tompkins Financial Co. has a 52 week low of $43.09 and a 52 week high of $65.54.

Tompkins Financial (NYSEAMERICAN:TMP) last announced its earnings results on Friday, July 26th. The financial services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $0.90 by $0.20. Tompkins Financial had a net margin of 4.11% and a return on equity of 2.16%. The company had revenue of $107.02 million during the quarter.

Tompkins Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 16th. Stockholders of record on Friday, August 9th were paid a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date was Friday, August 9th. Tompkins Financial’s payout ratio is 248.98%.

Wall Street Analysts Forecast Growth

TMP has been the topic of a number of research analyst reports. StockNews.com upgraded Tompkins Financial from a “sell” rating to a “hold” rating in a report on Saturday, August 3rd. Keefe, Bruyette & Woods upgraded shares of Tompkins Financial from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $59.00 to $68.00 in a research report on Wednesday, October 2nd.

Tompkins Financial Company 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.