Mutual of America Capital Management LLC Has $262,000 Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Mutual of America Capital Management LLC lowered its stake in Triumph Financial, Inc. (NASDAQ:TFIN) by 7.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,297 shares of the company’s stock after selling 252 shares during the period. Mutual of America Capital Management LLC’s holdings in Triumph Financial were worth $262,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. First Hawaiian Bank acquired a new stake in Triumph Financial in the second quarter valued at about $720,000. American Century Companies Inc. increased its holdings in shares of Triumph Financial by 12.6% during the second quarter. American Century Companies Inc. now owns 570,688 shares of the company’s stock worth $46,654,000 after buying an additional 63,760 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Triumph Financial by 7.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,142,820 shares of the company’s stock valued at $93,425,000 after acquiring an additional 79,777 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Triumph Financial by 182.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 35,169 shares of the company’s stock valued at $2,875,000 after acquiring an additional 22,711 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC grew its position in Triumph Financial by 258.3% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,630,607 shares of the company’s stock worth $215,052,000 after acquiring an additional 1,896,348 shares during the last quarter. 91.11% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on TFIN shares. B. Riley reiterated a “neutral” rating and issued a $65.00 target price on shares of Triumph Financial in a research report on Wednesday, October 2nd. DA Davidson lifted their target price on shares of Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to MarketBeat, Triumph Financial has an average rating of “Hold” and an average price target of $71.60.

Triumph Financial Stock Down 0.4 %

Shares of NASDAQ TFIN opened at $108.38 on Friday. The company’s 50 day moving average price is $89.26 and its 200-day moving average price is $83.68. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 0.99. Triumph Financial, Inc. has a 52-week low of $66.61 and a 52-week high of $110.58. The company has a market capitalization of $2.54 billion, a P/E ratio of 138.95 and a beta of 1.18.

Triumph Financial (NASDAQ:TFIN) last issued its quarterly earnings results on Wednesday, October 16th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. Triumph Financial had a net margin of 4.47% and a return on equity of 2.64%. The business had revenue of $125.57 million for the quarter, compared to analysts’ expectations of $106.29 million. During the same quarter in the prior year, the firm posted $0.51 earnings per share. Equities analysts forecast that Triumph Financial, Inc. will post 0.62 earnings per share for the current year.

Triumph Financial Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.