Tompkins Financial Co. (AMEX:TMP) was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Tuesday.

Separately, Keefe, Bruyette & Woods upgraded Tompkins Financial from an “underperform” rating to a “market perform” rating and upped their price objective for the stock from $80.00 to $81.00 in a report on Monday.

Tompkins Financial (AMEX:TMP) traded up 7.49% during midday trading on Tuesday, reaching $84.28. The company’s stock had a trading volume of 56,641 shares. Tompkins Financial has a 52 week low of $68.00 and a 52 week high of $96.70. The stock has a market capitalization of $1.27 billion, a PE ratio of 20.38 and a beta of 0.77. The firm’s 50-day moving average price is $79.78 and its 200-day moving average price is $83.44.

Tompkins Financial (AMEX:TMP) last issued its quarterly earnings results on Friday, July 21st. The financial services provider reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.06. The company had revenue of $67.75 million for the quarter. Tompkins Financial had a return on equity of 11.17% and a net margin of 24.13%. On average, analysts anticipate that Tompkins Financial will post $4.42 earnings per share for the current year.

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A number of institutional investors have recently bought and sold shares of the stock. Ameritas Investment Partners Inc. purchased a new position in Tompkins Financial during the first quarter worth $101,000. State of Alaska Department of Revenue boosted its position in shares of Tompkins Financial by 2.3% in the first quarter. State of Alaska Department of Revenue now owns 1,350 shares of the financial services provider’s stock valued at $108,000 after buying an additional 30 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Tompkins Financial by 16.8% in the first quarter. Victory Capital Management Inc. now owns 1,878 shares of the financial services provider’s stock valued at $151,000 after buying an additional 270 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Tompkins Financial by 8.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 2,507 shares of the financial services provider’s stock valued at $202,000 after buying an additional 204 shares during the last quarter. Finally, OppenheimerFunds Inc. bought a new position in shares of Tompkins Financial during the first quarter valued at approximately $215,000.

Tompkins Financial Company Profile

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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