Northern Trust Corp grew its position in shares of Tompkins Financial Co. (AMEX:TMP) by 1.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 180,721 shares of the financial services provider’s stock after purchasing an additional 2,264 shares during the period. Northern Trust Corp owned 1.20% of Tompkins Financial worth $14,226,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. boosted its stake in shares of Tompkins Financial by 39,367.6% during the 1st quarter. BlackRock Inc. now owns 1,600,016 shares of the financial services provider’s stock worth $128,880,000 after purchasing an additional 1,595,962 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Tompkins Financial by 7.2% during the 1st quarter. Vanguard Group Inc. now owns 1,399,990 shares of the financial services provider’s stock worth $112,769,000 after purchasing an additional 93,919 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Tompkins Financial by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 514,396 shares of the financial services provider’s stock worth $41,436,000 after purchasing an additional 3,553 shares during the last quarter. State Street Corp boosted its stake in shares of Tompkins Financial by 1.9% during the 1st quarter. State Street Corp now owns 332,174 shares of the financial services provider’s stock worth $26,753,000 after purchasing an additional 6,171 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Tompkins Financial by 2.4% during the 1st quarter. Geode Capital Management LLC now owns 103,406 shares of the financial services provider’s stock worth $8,329,000 after purchasing an additional 2,399 shares during the last quarter.

Tompkins Financial (AMEX:TMP) last posted its quarterly earnings data on Friday, October 27th. The financial services provider reported $1.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.01. The firm had revenue of $68.20 million for the quarter. Tompkins Financial had a return on equity of 11.75% and a net margin of 25.03%.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Tuesday, November 7th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Monday, November 6th. This is an increase from Tompkins Financial’s previous quarterly dividend of $0.45. Tompkins Financial’s payout ratio is presently 46.56%.

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TMP has been the topic of several analyst reports. Keefe, Bruyette & Woods raised shares of Tompkins Financial from an “underperform” rating to a “market perform” rating and raised their price target for the stock from $80.00 to $81.00 in a research note on Monday, July 24th. BidaskClub cut shares of Tompkins Financial from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th.

About Tompkins Financial

Tompkins Financial Corporation (Tompkins) is a financial holding company. The Company is a community-based financial services company that offers an array of products and services, including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, insurance, and brokerage services.

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Institutional Ownership by Quarter for Tompkins Financial (AMEX:TMP)

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