Occudo Quantitative Strategies LP Sells 540 Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP)

Occudo Quantitative Strategies LP lessened its holdings in Tompkins Financial Co. (NYSEAMERICAN:TMP) by 10.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,876 shares of the financial services provider’s stock after selling 540 shares during the quarter. Occudo Quantitative Strategies LP’s holdings in Tompkins Financial were worth $331,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TMP. JPMorgan Chase & Co. lifted its position in shares of Tompkins Financial by 76.1% in the fourth quarter. JPMorgan Chase & Co. now owns 109,668 shares of the financial services provider’s stock worth $7,439,000 after purchasing an additional 47,382 shares in the last quarter. American Century Companies Inc. raised its position in Tompkins Financial by 50.2% during the fourth quarter. American Century Companies Inc. now owns 123,654 shares of the financial services provider’s stock worth $8,387,000 after acquiring an additional 41,329 shares in the last quarter. Wellington Management Group LLP bought a new stake in Tompkins Financial during the fourth quarter worth $2,743,000. LPL Financial LLC raised its position in Tompkins Financial by 476.0% during the fourth quarter. LPL Financial LLC now owns 31,626 shares of the financial services provider’s stock worth $2,145,000 after acquiring an additional 26,135 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in Tompkins Financial during the fourth quarter worth $1,661,000. Institutional investors own 69.11% of the company’s stock.

Tompkins Financial Trading Down 0.6%

NYSEAMERICAN TMP opened at $64.57 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.96 and a quick ratio of 0.92. The stock’s fifty day moving average price is $61.03. Tompkins Financial Co. has a 1 year low of $43.32 and a 1 year high of $79.01. The company has a market capitalization of $929.16 million, a price-to-earnings ratio of 13.04 and a beta of 0.73.

Tompkins Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 3.84%. The ex-dividend date of this dividend was Friday, May 9th. Tompkins Financial’s dividend payout ratio (DPR) is currently 50.10%.

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.