Aquatic Capital Management LLC Invests $49,000 in Tompkins Financial Co. (NYSEAMERICAN:TMP)

Aquatic Capital Management LLC acquired a new stake in Tompkins Financial Co. (NYSEAMERICAN:TMP) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 721 shares of the financial services provider’s stock, valued at approximately $49,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Tompkins Financial during the 4th quarter worth approximately $27,000. Sterling Capital Management LLC lifted its position in Tompkins Financial by 784.8% during the fourth quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider’s stock worth $28,000 after buying an additional 361 shares in the last quarter. Versant Capital Management Inc boosted its stake in Tompkins Financial by 238.8% during the fourth quarter. Versant Capital Management Inc now owns 603 shares of the financial services provider’s stock worth $41,000 after buying an additional 425 shares during the last quarter. GAMMA Investing LLC grew its holdings in Tompkins Financial by 17.9% in the 4th quarter. GAMMA Investing LLC now owns 1,034 shares of the financial services provider’s stock valued at $70,000 after buying an additional 157 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of Tompkins Financial by 21,563.6% in the 4th quarter. Russell Investments Group Ltd. now owns 2,383 shares of the financial services provider’s stock worth $162,000 after acquiring an additional 2,372 shares during the last quarter. 69.11% of the stock is owned by institutional investors and hedge funds.

Tompkins Financial Trading Up 0.0 %

Shares of TMP stock opened at $61.37 on Wednesday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.92 and a current ratio of 0.96. Tompkins Financial Co. has a twelve month low of $43.32 and a twelve month high of $79.01. The firm’s 50-day moving average price is $60.62. The firm has a market cap of $883.11 million, a PE ratio of 12.40 and a beta of 0.73.

Tompkins Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, May 9th will be paid a $0.62 dividend. The ex-dividend date is Friday, May 9th. This represents a $2.48 annualized dividend and a dividend yield of 4.04%. Tompkins Financial’s dividend payout ratio (DPR) is 50.10%.

About Tompkins Financial

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.