Invesco Ltd. Sells 173,939 Shares of Tompkins Financial Co. (NYSEAMERICAN:TMP)

Invesco Ltd. lowered its position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 93.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 12,318 shares of the financial services provider’s stock after selling 173,939 shares during the quarter. Invesco Ltd.’s holdings in Tompkins Financial were worth $1,005,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of TMP. Parametric Portfolio Associates LLC increased its holdings in shares of Tompkins Financial by 0.5% in the second quarter. Parametric Portfolio Associates LLC now owns 42,978 shares of the financial services provider’s stock worth $3,507,000 after buying an additional 212 shares during the period. Pinebridge Investments L.P. increased its holdings in shares of Tompkins Financial by 28.1% in the second quarter. Pinebridge Investments L.P. now owns 1,250 shares of the financial services provider’s stock worth $102,000 after buying an additional 274 shares during the period. Aperio Group LLC increased its holdings in shares of Tompkins Financial by 9.4% in the second quarter. Aperio Group LLC now owns 5,613 shares of the financial services provider’s stock worth $458,000 after buying an additional 480 shares during the period. Swiss National Bank increased its holdings in shares of Tompkins Financial by 2.4% in the second quarter. Swiss National Bank now owns 25,600 shares of the financial services provider’s stock worth $2,089,000 after buying an additional 600 shares during the period. Finally, Krane Funds Advisors LLC purchased a new position in shares of Tompkins Financial in the second quarter worth about $59,000.

TMP opened at $82.90 on Tuesday. Tompkins Financial Co. has a 12 month low of $69.02 and a 12 month high of $85.14.

Tompkins Financial (NYSEAMERICAN:TMP) last released its quarterly earnings data on Friday, October 18th. The financial services provider reported $1.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.30 by $0.04. The company had revenue of $72.69 million during the quarter.

The firm also recently declared a dividend, which will be paid on Friday, November 15th. Investors of record on Tuesday, October 29th will be issued a dividend of $0.52 per share. The ex-dividend date is Monday, October 28th. This is an increase from Tompkins Financial’s previous dividend of $0.50.

Tompkins Financial Company Profile

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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