Russell Investments Group Ltd. purchased a new stake in Tompkins Financial Co. (NYSEAMERICAN:TMP) during the third quarter, HoldingsChannel.com reports. The fund purchased 1,515 shares of the financial services provider’s stock, valued at approximately $123,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Krane Funds Advisors LLC bought a new position in shares of Tompkins Financial during the 2nd quarter valued at approximately $59,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Tompkins Financial in the third quarter worth $73,000. Pinebridge Investments L.P. increased its position in Tompkins Financial by 28.1% in the second quarter. Pinebridge Investments L.P. now owns 1,250 shares of the financial services provider’s stock worth $102,000 after purchasing an additional 274 shares during the last quarter. Advisors Preferred LLC purchased a new stake in Tompkins Financial during the second quarter valued at $113,000. Finally, Bank of Montreal Can raised its stake in Tompkins Financial by 274.2% during the second quarter. Bank of Montreal Can now owns 1,785 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 1,308 shares in the last quarter.
TMP stock opened at $86.71 on Friday. Tompkins Financial Co. has a 52 week low of $69.02 and a 52 week high of $90.43.
Tompkins Financial (NYSEAMERICAN:TMP) last posted its earnings results on Friday, October 18th. The financial services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The business had revenue of $72.69 million during the quarter.
The firm also recently declared a dividend, which was paid on Friday, November 15th. Investors of record on Tuesday, October 29th were issued a $0.52 dividend. This is an increase from Tompkins Financial’s previous dividend of $0.50. The ex-dividend date was Monday, October 28th.
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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