BlackRock Inc. boosted its stake in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 7.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 1,856,378 shares of the financial services provider’s stock after purchasing an additional 133,506 shares during the period. BlackRock Inc. owned about 12.14% of Tompkins Financial worth $159,426,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the stock. GSA Capital Partners LLP increased its holdings in Tompkins Financial by 143.8% in the 2nd quarter. GSA Capital Partners LLP now owns 9,310 shares of the financial services provider’s stock valued at $800,000 after purchasing an additional 5,492 shares during the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of Tompkins Financial by 3.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 70,673 shares of the financial services provider’s stock worth $6,070,000 after acquiring an additional 2,623 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Tompkins Financial by 191.5% in the second quarter. SG Americas Securities LLC now owns 6,856 shares of the financial services provider’s stock worth $589,000 after acquiring an additional 4,504 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Tompkins Financial in the second quarter worth $225,000. Finally, Victory Capital Management Inc. grew its stake in shares of Tompkins Financial by 15.8% in the second quarter. Victory Capital Management Inc. now owns 4,989 shares of the financial services provider’s stock worth $428,000 after acquiring an additional 682 shares in the last quarter.
NYSEAMERICAN:TMP opened at $80.12 on Friday. Tompkins Financial Co. has a 52 week low of $74.06 and a 52 week high of $91.99.
Tompkins Financial (NYSEAMERICAN:TMP) last posted its quarterly earnings results on Friday, July 20th. The financial services provider reported $1.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.03. The business had revenue of $73.87 million during the quarter. Tompkins Financial had a net margin of 25.10% and a return on equity of 11.95%.
In other Tompkins Financial news, CEO Gerald J. Klein, Jr. sold 750 shares of the business’s stock in a transaction on Friday, August 17th. The shares were sold at an average price of $86.51, for a total value of $64,882.50. Following the completion of the transaction, the chief executive officer now owns 24,740 shares in the company, valued at $2,140,257.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Tompkins Financial 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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