Triumph Financial, Inc. (NASDAQ:TFIN) Shares Acquired by Amundi

Amundi boosted its position in Triumph Financial, Inc. (NASDAQ:TFIN) by 185.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,014 shares of the company’s stock after purchasing an additional 7,149 shares during the period. Amundi’s holdings in Triumph Financial were worth $967,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TFIN. Quantbot Technologies LP acquired a new stake in shares of Triumph Financial in the third quarter valued at $49,000. Smartleaf Asset Management LLC lifted its holdings in Triumph Financial by 310.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 563 shares of the company’s stock valued at $51,000 after acquiring an additional 426 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Triumph Financial by 43.4% during the 4th quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $61,000 after purchasing an additional 204 shares in the last quarter. KBC Group NV grew its stake in shares of Triumph Financial by 46.4% in the 3rd quarter. KBC Group NV now owns 798 shares of the company’s stock worth $63,000 after purchasing an additional 253 shares during the last quarter. Finally, Mechanics Bank Trust Department bought a new stake in shares of Triumph Financial in the 4th quarter worth approximately $202,000. 91.11% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Triumph Financial Stock Up 1.5 %

Shares of NASDAQ:TFIN opened at $62.17 on Thursday. The firm has a 50 day simple moving average of $73.84 and a 200 day simple moving average of $84.38. Triumph Financial, Inc. has a 52 week low of $58.22 and a 52 week high of $110.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $1.46 billion, a PE ratio of 115.13 and a beta of 1.22.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 earnings per share (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%. As a group, research analysts expect that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

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.