Tompkins Financial Co. (NYSEAMERICAN:TMP) Shares Acquired by Amundi

Amundi grew its position in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 170.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,098 shares of the financial services provider’s stock after purchasing an additional 3,842 shares during the period. Amundi’s holdings in Tompkins Financial were worth $403,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Geode Capital Management LLC increased its holdings in Tompkins Financial by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 291,312 shares of the financial services provider’s stock worth $16,839,000 after purchasing an additional 1,766 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Tompkins Financial by 20.3% in the 4th quarter. Bank of New York Mellon Corp now owns 135,613 shares of the financial services provider’s stock valued at $9,199,000 after acquiring an additional 22,851 shares during the last quarter. Cornell Pochily Investment Advisors Inc. increased its holdings in shares of Tompkins Financial by 14.5% in the 4th quarter. Cornell Pochily Investment Advisors Inc. now owns 122,701 shares of the financial services provider’s stock valued at $8,323,000 after acquiring an additional 15,500 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Tompkins Financial by 139.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 62,286 shares of the financial services provider’s stock valued at $3,600,000 after acquiring an additional 36,231 shares during the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Tompkins Financial by 2.8% in the 4th quarter. Principal Financial Group Inc. now owns 60,723 shares of the financial services provider’s stock valued at $4,119,000 after acquiring an additional 1,660 shares during the last quarter. 69.11% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Piper Sandler began coverage on Tompkins Financial in a research note on Friday, December 20th. They set a “neutral” rating and a $70.00 price objective for the company.

Tompkins Financial Stock Performance

Shares of NYSEAMERICAN:TMP opened at $63.75 on Friday. Tompkins Financial Co. has a twelve month low of $43.09 and a twelve month high of $79.01. The company has a market cap of $917.36 million, a P/E ratio of 12.88 and a beta of 0.73. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.11.

Tompkins Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 14th were issued a $0.62 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.89%. Tompkins Financial’s payout ratio is presently 50.10%.

About Tompkins Financial

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.