Triumph Financial, Inc. (NASDAQ:TFIN) Shares Purchased by Swiss National Bank

Swiss National Bank raised its stake in Triumph Financial, Inc. (NASDAQ:TFIN) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,700 shares of the company’s stock after purchasing an additional 400 shares during the period. Swiss National Bank owned 0.19% of Triumph Financial worth $3,971,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in shares of Triumph Financial by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 518,112 shares of the company’s stock valued at $41,218,000 after buying an additional 8,609 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Triumph Financial by 1.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 199,071 shares of the company’s stock worth $18,092,000 after acquiring an additional 3,539 shares during the period. Hodges Capital Management Inc. lifted its position in Triumph Financial by 42.3% during the 4th quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company’s stock worth $13,490,000 after acquiring an additional 44,100 shares during the period. Principal Financial Group Inc. grew its stake in shares of Triumph Financial by 3.1% in the 4th quarter. Principal Financial Group Inc. now owns 107,011 shares of the company’s stock valued at $9,725,000 after purchasing an additional 3,219 shares during the last quarter. Finally, Rhumbline Advisers raised its position in Triumph Financial by 2.5% during the 4th quarter. Rhumbline Advisers now owns 61,508 shares of the company’s stock worth $5,590,000 after buying an additional 1,497 shares during the last quarter. Institutional investors and hedge funds own 91.11% of the company’s stock.

Triumph Financial Stock Down 0.9 %

Shares of NASDAQ TFIN opened at $64.22 on Wednesday. Triumph Financial, Inc. has a 12-month low of $58.22 and a 12-month high of $110.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. The firm’s 50-day moving average is $72.01 and its two-hundred day moving average is $83.90. The company has a market capitalization of $1.50 billion, a PE ratio of 118.93 and a beta of 1.22.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TFIN. DA Davidson lowered their target price on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. Stephens restated an “equal weight” rating and issued a $109.00 price target on shares of Triumph Financial in a report on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods raised Triumph Financial from an “underperform” rating to a “market perform” rating and reduced their price objective for the stock from $80.00 to $74.00 in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $79.00.

About Triumph Financial

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.