WINTON GROUP Ltd Reduces Position in Tompkins Financial Co. (NYSEAMERICAN:TMP)

WINTON GROUP Ltd decreased its holdings in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,504 shares of the financial services provider’s stock after selling 882 shares during the period. WINTON GROUP Ltd owned 0.13% of Tompkins Financial worth $1,255,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Tompkins Financial by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 1,305,903 shares of the financial services provider’s stock valued at $88,579,000 after purchasing an additional 4,173 shares in the last quarter. LPL Financial LLC boosted its stake in Tompkins Financial by 476.0% in the 4th quarter. LPL Financial LLC now owns 31,626 shares of the financial services provider’s stock worth $2,145,000 after purchasing an additional 26,135 shares during the period. KLP Kapitalforvaltning AS purchased a new position in Tompkins Financial during the 4th quarter valued at about $163,000. Sei Investments Co. increased its position in shares of Tompkins Financial by 32.5% during the fourth quarter. Sei Investments Co. now owns 7,174 shares of the financial services provider’s stock valued at $486,000 after buying an additional 1,758 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Tompkins Financial by 50.2% in the fourth quarter. American Century Companies Inc. now owns 123,654 shares of the financial services provider’s stock worth $8,387,000 after buying an additional 41,329 shares in the last quarter. Institutional investors own 69.11% of the company’s stock.

Tompkins Financial Stock Performance

NYSEAMERICAN TMP opened at $64.60 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11. Tompkins Financial Co. has a twelve month low of $43.09 and a twelve month high of $79.01. The stock has a market cap of $929.59 million, a price-to-earnings ratio of 13.05 and a beta of 0.73.

Tompkins Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 14th were issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.84%. The ex-dividend date was Friday, February 14th. Tompkins Financial’s dividend payout ratio is currently 50.10%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler started coverage on shares of Tompkins Financial in a report on Friday, December 20th. They issued a “neutral” rating and a $70.00 price target on the stock.

Tompkins Financial 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.