Community Bank N.A. Acquires 4,500 Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP)

Community Bank N.A. increased its holdings in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 183.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,950 shares of the financial services provider’s stock after buying an additional 4,500 shares during the period. Community Bank N.A.’s holdings in Tompkins Financial were worth $450,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of TMP. John G Ullman & Associates Inc. bought a new stake in shares of Tompkins Financial during the 2nd quarter valued at approximately $4,128,000. State Street Corp increased its stake in shares of Tompkins Financial by 8.5% in the first quarter. State Street Corp now owns 443,686 shares of the financial services provider’s stock valued at $31,857,000 after buying an additional 34,678 shares during the period. UBS Group AG raised its holdings in Tompkins Financial by 135.6% in the 4th quarter. UBS Group AG now owns 47,392 shares of the financial services provider’s stock valued at $4,336,000 after buying an additional 27,278 shares during the last quarter. First Trust Advisors LP raised its holdings in Tompkins Financial by 333.7% in the 1st quarter. First Trust Advisors LP now owns 28,442 shares of the financial services provider’s stock valued at $2,164,000 after buying an additional 21,884 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Tompkins Financial by 10.5% during the 1st quarter. Geode Capital Management LLC now owns 192,815 shares of the financial services provider’s stock worth $13,844,000 after buying an additional 18,372 shares during the period.

TMP stock traded down $0.90 during mid-day trading on Friday, reaching $64.53. The company’s stock had a trading volume of 46,752 shares, compared to its average volume of 48,065. Tompkins Financial Co. has a 12 month low of $53.32 and a 12 month high of $93.66.

Tompkins Financial (NYSEAMERICAN:TMP) last released its quarterly earnings data on Friday, July 24th. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.90. The company had revenue of $73.54 million for the quarter, compared to the consensus estimate of $71.52 million.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend is Friday, July 31st.

Separately, Zacks Investment Research raised shares of Tompkins Financial from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd.

Tompkins Financial Company Profile

Tompkins Financial Corporation operates as a community-based financial services company that 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.

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

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