Tompkins Financial Co. (TMP) Position Lessened by Teacher Retirement System of Texas

Teacher Retirement System of Texas reduced its position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 35.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,029 shares of the financial services provider’s stock after selling 1,680 shares during the period. Teacher Retirement System of Texas’ holdings in Tompkins Financial were worth $229,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. boosted its holdings in Tompkins Financial by 2.9% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 68,050 shares of the financial services provider’s stock valued at $5,156,000 after purchasing an additional 1,901 shares during the period. John W. Rosenthal Capital Management Inc. boosted its holdings in Tompkins Financial by 1.4% in the 1st quarter. John W. Rosenthal Capital Management Inc. now owns 51,200 shares of the financial services provider’s stock valued at $3,879,000 after purchasing an additional 700 shares during the period. Sandy Spring Bank boosted its holdings in Tompkins Financial by 758.0% in the 1st quarter. Sandy Spring Bank now owns 2,574 shares of the financial services provider’s stock valued at $195,000 after purchasing an additional 2,274 shares during the period. M&T Bank Corp bought a new stake in Tompkins Financial in the 1st quarter valued at $269,000. Finally, Swiss National Bank boosted its holdings in Tompkins Financial by 4.8% in the 1st quarter. Swiss National Bank now owns 23,800 shares of the financial services provider’s stock valued at $1,803,000 after purchasing an additional 1,100 shares during the period.

Shares of Tompkins Financial opened at $89.15 on Monday, MarketBeat.com reports. Tompkins Financial Co. has a 12-month low of $71.27 and a 12-month high of $90.50.

Tompkins Financial (NYSEAMERICAN:TMP) last announced its earnings results on Friday, April 27th. The financial services provider reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.03. The business had revenue of $70.52 million during the quarter. Tompkins Financial had a net margin of 25.10% and a return on equity of 11.95%.

Separately, Sandler O’Neill set a $84.00 price target on shares of Tompkins Financial and gave the company a “hold” rating in a report on Monday, March 26th.

About Tompkins Financial

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

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