Triumph Financial, Inc. (NASDAQ:TFIN) Shares Bought by US Bancorp DE

US Bancorp DE raised its stake in Triumph Financial, Inc. (NASDAQ:TFIN) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,425 shares of the company’s stock after acquiring an additional 322 shares during the quarter. US Bancorp DE owned approximately 0.06% of Triumph Financial worth $1,220,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Quantbot Technologies LP acquired a new position in Triumph Financial in the third quarter valued at approximately $49,000. Blue Trust Inc. increased its position in shares of Triumph Financial by 43.4% in the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $61,000 after buying an additional 204 shares in the last quarter. KBC Group NV increased its position in shares of Triumph Financial by 46.4% in the third quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after buying an additional 253 shares in the last quarter. Mechanics Bank Trust Department purchased a new stake in shares of Triumph Financial in the fourth quarter valued at approximately $202,000. Finally, Cottonwood Capital Advisors LLC purchased a new stake in shares of Triumph Financial in the fourth quarter valued at approximately $215,000. 91.11% of the stock is owned by institutional investors and hedge funds.

Triumph Financial Stock Down 0.9 %

Shares of TFIN opened at $62.40 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. Triumph Financial, Inc. has a one year low of $61.02 and a one year high of $110.58. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 115.56 and a beta of 1.22. The stock has a 50 day moving average price of $78.43 and a 200 day moving average price of $85.69.

Triumph Financial (NASDAQ:TFIN) last issued its quarterly earnings results on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. Equities research analysts forecast that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Keefe, Bruyette & Woods upgraded Triumph Financial from an “underperform” rating to a “market perform” rating and cut their price objective for the company from $80.00 to $74.00 in a research report on Thursday, February 27th. Stephens restated an “equal weight” rating and issued a $109.00 price objective on shares of Triumph Financial in a research report on Thursday, January 23rd. Finally, DA Davidson cut their price objective on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, Triumph Financial presently has a consensus rating of “Hold” and an average price target of $79.00.

Triumph Financial Company 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.