Tompkins Financial (NYSEAMERICAN:TMP) Shares Up 4%

Tompkins Financial Co. (NYSEAMERICAN:TMP)’s stock price shot up 4% on Friday . The stock traded as high as $45.70 and last traded at $45.43. 20,396 shares changed hands during trading, a decline of 70% from the average session volume of 67,282 shares. The stock had previously closed at $43.69.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Tompkins Financial to a “sell” rating in a report on Friday, January 12th.

Tompkins Financial Stock Performance

The stock has a market cap of $653.64 million, a price-to-earnings ratio of 68.27 and a beta of 0.65. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.90 and a current ratio of 0.90.

Tompkins Financial (NYSEAMERICAN:TMP) last posted its quarterly earnings data on Friday, January 26th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.22). The firm had revenue of $71.21 million for the quarter, compared to analysts’ expectations of $74.58 million. Tompkins Financial had a net margin of 3.09% and a return on equity of 1.48%. Equities research analysts predict that Tompkins Financial Co. will post 4.94 EPS for the current year.

Tompkins Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 16th. Investors of record on Friday, February 9th were paid a $0.60 dividend. The ex-dividend date was Thursday, February 8th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.29%. Tompkins Financial’s dividend payout ratio (DPR) is presently 375.00%.

Insider Buying and Selling at Tompkins Financial

In other Tompkins Financial news, Director Ita M. Rahilly bought 1,982 shares of the stock in a transaction on Tuesday, February 20th. The stock was purchased at an average price of $50.46 per share, for a total transaction of $100,011.72. Following the completion of the purchase, the director now directly owns 8,454 shares in the company, valued at $426,588.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Tompkins Financial

Institutional investors have recently bought and sold shares of the stock. Massmutual Trust Co. FSB ADV acquired a new stake in Tompkins Financial in the 4th quarter valued at about $27,000. CNB Bank acquired a new stake in Tompkins Financial in the 3rd quarter valued at about $28,000. Lazard Asset Management LLC acquired a new stake in Tompkins Financial in the 4th quarter valued at about $28,000. Signaturefd LLC lifted its holdings in Tompkins Financial by 366.7% in the 4th quarter. Signaturefd LLC now owns 490 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 385 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in Tompkins Financial by 192.3% in the 1st quarter. Captrust Financial Advisors now owns 532 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 350 shares during the last quarter. Institutional investors and hedge funds own 69.11% of the company’s stock.

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.