Tompkins Financial Co. (NYSEAMERICAN:TMP) Short Interest Up 45.2% in January

Tompkins Financial Co. (NYSEAMERICAN:TMPGet Free Report) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 321,000 shares, a growth of 45.2% from the January 15th total of 221,100 shares. Based on an average daily volume of 68,200 shares, the short-interest ratio is currently 4.7 days. Approximately 2.5% of the shares of the stock are short sold.

Institutional Trading of Tompkins Financial

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cornell University bought a new stake in shares of Tompkins Financial during the 4th quarter worth approximately $1,898,000. BlackRock Inc. raised its position in Tompkins Financial by 2.5% during the third quarter. BlackRock Inc. now owns 2,080,018 shares of the financial services provider’s stock worth $151,049,000 after acquiring an additional 51,632 shares in the last quarter. Vanguard Group Inc. lifted its stake in Tompkins Financial by 3.4% in the third quarter. Vanguard Group Inc. now owns 1,426,311 shares of the financial services provider’s stock valued at $103,579,000 after acquiring an additional 46,434 shares during the last quarter. State Street Corp lifted its stake in Tompkins Financial by 3.2% in the first quarter. State Street Corp now owns 1,322,536 shares of the financial services provider’s stock valued at $103,515,000 after acquiring an additional 41,413 shares during the last quarter. Finally, American Century Companies Inc. grew its position in shares of Tompkins Financial by 61.5% in the 4th quarter. American Century Companies Inc. now owns 63,531 shares of the financial services provider’s stock valued at $4,929,000 after acquiring an additional 24,199 shares during the period. Institutional investors own 63.75% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Tompkins Financial to a “sell” rating in a report on Friday, January 12th.

View Our Latest Stock Report on Tompkins Financial

Tompkins Financial Stock Performance

NYSEAMERICAN TMP opened at $51.11 on Tuesday. Tompkins Financial has a 52 week low of $46.85 and a 52 week high of $77.99. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $733.43 million, a price-to-earnings ratio of 79.86 and a beta of 0.66.

Tompkins Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Friday, February 9th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend is Thursday, February 8th. Tompkins Financial’s payout ratio is 375.00%.

About Tompkins Financial

(Get Free Report)

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 in 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.

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