620 Shares in Triumph Financial, Inc. (NASDAQ:TFIN) Acquired by Quantbot Technologies LP

Quantbot Technologies LP acquired a new stake in shares of Triumph Financial, Inc. (NASDAQ:TFIN) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 620 shares of the company’s stock, valued at approximately $49,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kayne Anderson Rudnick Investment Management LLC grew its stake in Triumph Financial by 258.3% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,630,607 shares of the company’s stock valued at $215,052,000 after acquiring an additional 1,896,348 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Triumph Financial by 1.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,156,330 shares of the company’s stock valued at $91,975,000 after purchasing an additional 13,510 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Triumph Financial by 0.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,047,240 shares of the company’s stock valued at $85,607,000 after purchasing an additional 8,541 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Triumph Financial by 1.0% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 881,323 shares of the company’s stock worth $72,048,000 after purchasing an additional 8,990 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Triumph Financial by 12.6% in 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. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Price Performance

NASDAQ:TFIN opened at $104.22 on Friday. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 133.62 and a beta of 1.21. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.99. The business has a 50 day simple moving average of $92.32 and a 200-day simple moving average of $84.95. Triumph Financial, Inc. has a 1 year low of $66.85 and a 1 year high of $110.58.

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

Insider Transactions at Triumph Financial

In other news, CEO Aaron P. Graft sold 13,500 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the sale, the chief executive officer now directly owns 151,533 shares in the company, valued at approximately $16,117,049.88. This represents a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 6.15% of the company’s stock.

Analysts Set New Price Targets

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

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.