Magnus Financial Group LLC Has $303,000 Holdings in Tompkins Financial Co. (TMP)

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Magnus Financial Group LLC reduced its stake in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 6.2% during the 1st quarter, Holdings Channel reports. The firm owned 3,983 shares of the financial services provider’s stock after selling 265 shares during the period. Magnus Financial Group LLC’s holdings in Tompkins Financial were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Parametric Portfolio Associates LLC increased its stake in shares of Tompkins Financial by 8.7% in the first quarter. Parametric Portfolio Associates LLC now owns 42,766 shares of the financial services provider’s stock worth $3,253,000 after acquiring an additional 3,410 shares during the last quarter. First Trust Advisors LP grew its position in shares of Tompkins Financial by 333.7% in the first quarter. First Trust Advisors LP now owns 28,442 shares of the financial services provider’s stock valued at $2,164,000 after purchasing an additional 21,884 shares during the last quarter. Piedmont Investment Advisors Inc. grew its position in shares of Tompkins Financial by 8.1% in the first quarter. Piedmont Investment Advisors Inc. now owns 3,228 shares of the financial services provider’s stock valued at $246,000 after purchasing an additional 242 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Tompkins Financial by 10.6% in the first quarter. JPMorgan Chase & Co. now owns 48,802 shares of the financial services provider’s stock valued at $3,713,000 after purchasing an additional 4,675 shares during the last quarter. Finally, Mason Street Advisors LLC grew its position in shares of Tompkins Financial by 3.7% in the first quarter. Mason Street Advisors LLC now owns 3,984 shares of the financial services provider’s stock valued at $303,000 after purchasing an additional 141 shares during the last quarter.

Shares of NYSEAMERICAN TMP traded up $1.29 during mid-day trading on Friday, hitting $79.63. The company had a trading volume of 57,891 shares, compared to its average volume of 39,579. Tompkins Financial Co. has a 12 month low of $69.02 and a 12 month high of $91.99.

Tompkins Financial (NYSEAMERICAN:TMP) last released its earnings results on Friday, April 26th. The financial services provider reported $1.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.29 by $0.08. The company had revenue of $71.32 million during the quarter.

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Tuesday, May 7th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Monday, May 6th.

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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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Want to see what other hedge funds are holding TMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tompkins Financial Co. (NYSEAMERICAN:TMP).

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

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